Companies Financial News

25.01 / 19:43

companies Mental Health ESG Diversity Mental health ranks as highest employee concern for asset managers

Financial wellbeing, however, was regarded as being of lowest priority and also received the lowest attention through company initiatives.

25.01 / 11:49

markets Mining HSBC Banks UK companies Oil HSBC regains crown as top UK dividend payer for first time since GFC

Last year, banks overtook any other sector in terms of dividend payments, something that has not happened since before the Global Financial Crisis, Computershare noted.

25.01 / 11:45

Investments companies Results Pensions SJP St James's Place place Net inflows halve at St James's Place over 2023

St James's Place CEO Mark FitzPatrick

24.01 / 17:19

BlackRock UK companies bonds Baillie Gifford to shutter four bond funds and scrap international fixed income business

The round of layoffs is expected to affect dozens of the Edinburgh-based asset manager’s 2,000 staff.

24.01 / 17:19

Jefferies companies Moody's Abrdn Asset Managers Experts divided on abrdn takeover risk as Bird doubles down on cost-cutting

'For fund buyers the most important aspects are the strength and stability of the business and the consistency of the team and process.'

24.01 / 17:19

UK companies Chancellor of the Exchequer equities AJ Bell AJ Bell calls on Jeremy Hunt to introduce 'radical' ISA reform

AJ Bell urged the chancellor to slash any plans to create a ‘Great British ISA’, highlighting the restriction of investment choice as a potential issue for investors.

24.01 / 11:55

companies Quilter Inflows Q4 Quilter assets jump 5% as net inflows into core business recover

Steven Levin (pictured), CEO of Quilter

24.01 / 08:59

companies Abrdn Asset Managers abrdn launches 'transformative' £150m cost cutting programme with 2025 deadline

Stephen Bird (pictured), abrdn CEO announced the firm would be embarking on a “transformation programme”, targeting a £150m reduction by 2025.

23.01 / 15:39

companies Wealth managers Abrdn Sky News Business roles Fund managers ringfenced from upcoming abrdn job cuts

Investment Week understands that fund managers are not in the scope of the headcount reduction, which is set to trim roughly 10% of abrdn's workforce. (Pictured) Stephen Bird, abrdn CEO

22.01 / 16:41

companies ESG Risk Management UK regulator ditches ESG proposals for company boards in updated governance code

Corporate governance expectations for internal controls are set to remain unchanged | Credit: iStock

22.01 / 13:27

regulation UBS Jefferies companies financial conduct authority AJ Bell record high Jefferies lifts AJ Bell valuation after assets hit record high

Jefferies’ investment thesis for the company lies on the exposure of the platform to the large UK advisor market and to the smaller, but higher-margin, D2C market.

22.01 / 09:31

UK companies London Stock Exchange Air Astana postpones London IPO to February

Air Astana said its dual listing will comprise two offerings: shares and global depositary receipts (GDRs) in Kazakhstan and GDRs in London.

19.01 / 16:17

regulation companies financial conduct authority FCA Unit trusts/OEICs Link Fund Solutions FCA reasserts proposed Woodford redress is 'subset of total losses' as sanction decision delayed

Smith argued the fault of Link Fund Solutions Limited lies in liquidity management failings, as the regulator has since it first revealed the scheme in April 2023.

19.01 / 16:17

HSBC Banks UK companies Barclays Sky News Jeremy Hunt to hold summit with bank CEOs over dwindling valuations - reports

Chancellor of the Exchequer Jeremy Hunt (pictured) will meet with UK banks CEOs on 23 January. | Copyright: HM Treasury

18.01 / 14:37

companies AJ Bell Platforms Q4 AJ Bell platform assets hit record £76.2bn as inflows soar 62%

Michael Summersgill (pictured) is CEO of AJ Bell.

17.01 / 15:23

companies Results Yen Ruffer Investment Company Ruffer Ruffer trust endures 'worst year in history' as 'protective toolkit' fails to deliver

Portfolio managers Duncan MacInnes and Jasmine Yeo.

17.01 / 12:29

companies outflows Inflows Q4 Positive performance offsets £100m Brooks Macdonald outflows as FUM ticks up 4.3%

Andrew Shepherd (pictured), CEO of Brooks Macdonald

17.01 / 12:29

companies Results Yen Ruffer Investment Company Ruffer Ruffer endures 'worst year in history' as 'protective toolkit' fails to deliver

Portfolio managers Duncan MacInnes and Jasmine Yeo.

17.01 / 12:29

companies outflows Inflows Rathbones Investec W&I Rathbones assets rise 4.5% despite £300m Investec W&I outflows

In its Q4 results published today (17 January), the company reported it closed the year with £105.3bn FUMA, up from £100.7bn in September 2023 and a significant increase from £60.2bn at the end of 2022.

17.01 / 09:33