Hints and tips:
Related Special Reports
...Meanwhile, a non-performing loan is one where the loan is to a partner who has left the SJP partnership, or to a partner that management thinks is at significant risk of leaving and when an orderly settlement...
...Jupiter has lost a number of fund managers in the past year, including Richard Buxton who handed over the reins of the UK equities fund he managed after a near 40-year career in asset management....
...sally.hickey@ft.com...
...Renegade Nell is a stylistic about-turn for its creator Sally Wainwright, whose last project, the awards-festooned crime drama Happy Valley, wrapped up after three impeccable series last year....
...The Financial Conduct Authority said that if social media influencers promoted financial products or services without proper authorisation, they may be committing a criminal offence punishable by up to two...
...They stipulate that financial promotions must be communicated in a way that allows consumers to “make effective decisions”....
...Hedge funds have begun to circle, with Elliot taking a 5 per cent stake in the Scottish Mortgage Investment Trust a week after it announced a £1bn share buyback in an attempt to prop up its share price....
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...Martin Gilbert is banking on a market bounce to drive a recovery in his asset management business AssetCo after it reported a loss on the sale of an ETF provider to Cathie Wood’s Ark Invest....
...The emergence of Elliott as an investor comes a week after Scottish Mortgage announced a £1bn share buyback in a bid to support its own stock, which peaked in late 2021 before higher interest rates chilled...
...“In uncertain times, cash is a buffer and a layer of protection,” says Benjamin Davis, chief executive of Octopus Investments....
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...Tom Slater, the trust’s manager, said: “In a volatile period for growth investment, we own a portfolio of established companies achieving rapid expansion . . ....
...Abrdn told the Financial Times that the management team was “brought in to deliver a new strategy of creating a long-term, sustainable business model that could thrive against a backdrop of huge change in...
...It has cut payouts to shareholders as a result, reducing its final dividend from 37.19p a share to 8p a share. The total payout for the year was 23.83p, less than half the level of 2022....
...The company is made up of three parts: asset management, a financial advice business and a platform aimed at retail investors....
...“If you’re retiring into a world which is full of pollution and dirty air and no nature, but you’ve made [the pension holder] £20,000 a year to live off, is that a good or a bad outcome?” he asks....
...A year later, during a webinar, the regulator flagged concerns that some consumers might be paying for a service such as an annual review but were not actually receiving it....
...That helped to push the company to a net loss of £10mn last year, down from a profit of £407mn in 2022. The final dividend was cut from 37.19p per share to 8p per share....
...“Sentiment [among shareholders] is not in a fantastic place,” one analyst told the Financial Times....
...Liontrust is searching for a new chair, less than a year after its failed takeover bid for beleaguered Swiss rival GAM....
...Typically, clients will either pay a one-off fee, an hourly rate, or a recurring fee for a relationship with an adviser....
...The additional investment expected compares with a total market capitalisation of UK companies of about £2.4tn, of which £2tn is in the FTSE 100....
...“The new transformation programme . . . when completed, will deliver a step change in our cost to income ratio,” he said....
International Edition