City grandee Martin Gilbert tries to sell Assetco share split plan August 14, 2024 Assetco chair Martin Gilbert is attempting to pitch his plan to split his company to investors in a bid to turn around the struggling asset manager. In June, Gilbert proposed that Assetco will be rebranded as River Global, with its 30 per cent stake in investment management and platform business Parmenion spun off. Now, Gilbert [...]
Abrdn records net inflows as fund manager prepares to appoint new chief August 6, 2024 Abrdn has reported improved flows and progress on its cost-saving efforts as the fund manager gears up to appoint a new chief executive.
Roadchef returns to profit as sales surge motorway service station operator July 19, 2024 Motorway service station operator Roadchef has returned to the black after its revenue surged during its latest financial year, it has been revealed.
Premier Milton: Demand for UK equities still ‘weak’ July 12, 2024 In a trading update covering the third quarter, Premier Milton reported that its AUM stood at £10.6bn at the end of June.
Polar Capital: Emerging markets and Asian Stars teams help assets rise July 11, 2024 Polar Capital enjoyed an uptick in assets under management last quarter as the specialist fund manager was boosted by rising interest in funds managed by its emerging markets and Asian Stars teams.
ESG-focused Impax builds out fixed income offering with new fund acquisitions July 10, 2024 Ian Simm, founder and chief executive of Impax said: "This transaction marks an important milestone in our strategy to expand Impax's fixed income capabilities globally".
Private fund manager Mercia gears up for boost from Mansion House Compact July 2, 2024 Mercia Asset Management has said it plans to reclassify as a trading company and cease to be an investing company as the firm focuses on its profitable funds under management.
Premier Milton: Fund manager reports mixed results amid ‘challenging’ environment May 30, 2024 Chair Robert Colthorpe noted that while that had been some recovery in several investment markets, there was "weak industry level net flows" from UK retail and wholesale investors.
Intermediate Capital: Shares hit all-time high as asset manager’s profit more than doubles May 28, 2024 Asset manager Intermediate Capital has raised its dividend for the 14th year in a row on the back of bumper annual earnings.
Meet the fund manager: Picking the best bonds in the world May 20, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A.