Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’ May 9, 2024 "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.
Inside Westminster’s war with the FCA May 9, 2024 The relationship between the Financial Conduct Authority and the government has been fractious in recent years. Charlie Conchie takes a look at why Westminster went to war with the regulator
ISA season breaks new record despite UK outflows revealing ‘structural problem’ May 8, 2024 Charles Hall, head of research at Peel Hunt, warned that the data showed "exactly why the UK market has a structural problem".
Investment trust body calls for Treasury to fix unnecessary rules costing billions May 8, 2024 The rules around investment trust disclosures are costing the economy billions in lost investment.
Should investors sell in May and go away? May 8, 2024 "Sell in May and go away, don’t come back until St Leger’s Day" is an often quoted adage, but does it actually work?
Why an Aegon sustainable manager is buying bonds in polluting companies May 7, 2024 Rory Sandilands, manager of the Aegon Global Climate Transition fund, is pushing to make companies emit less by buying their bonds.
Home REIT starts suing its own tenants as shareholders and regulators circle May 7, 2024 The former FTSE 250 investor said it had collected £300,000 of its total rent in April, just 11 per cent of the total billed amount for the month.
Asset management industry ‘under pressure’ as costs rocket May 7, 2024 The global asset management industry is coming “under pressure” globally this year as costs rocket at nearly twenty times the rate of revenues, Boston Consulting Group has warned.
AIM hit by sharp liquidity drop in further blow to London market May 6, 2024 Companies listed on the UK's AIM have seen the average value of their shares trading fall over 15 per cent in the last year.
FCA chiefs set for Westminster grilling over ‘name and shame’ plans May 3, 2024 The grilling will be the latest in a series of skirmishes between the regulator and Westminster after Chancellor Jeremy Hunt waded into the debate this week, urging the FCA to “re-look” at the measures.