Jupiter Asset Management has backed down on plans to grant boss Maarten Slendebroek a 50% pay rise after a revolt from shareholders.
A serious push into the US market is a key strategic target for the merged Standard Life and Aberdeen Asset Management group, according to Aberdeen’s global head of distribution.
Bernstein has rated Hargreaves Lansdown (HL) shares 'underperform' with its current valuation of 31x forward-looking price/earnings failing to reflect a slowdown in asset flows.
Unilever turned out decent sales growth in the first quarter, while fellow takeover target Sky delivered lower profits.
Ahead of Rio Tinto’s AGM, Hermes Investment Management recommends voting against the re-election of chair of the mining company's nominations committee, Jan du Plessis.
Investors have welcomed Tesco’s results as a sign the supermarket giant is “back on track", even though it reported a 28% profit drop and a pension deficit two times higher than the previous year.
Premier Asset Management has posted a 22% increase in assets under management (AUM) as it releases its Q2 trading update, bringing total AUM to £5.5bn.
Shares of Barclays are marginally higher this morning in spite of news its chief executive was being reprimanded for his role in a City whistleblower case.
Swiss activist investor RBR Capital Advisors has called for a radical restructure of GAM, including the removal of its current CEO and several board members.
Standard Life is considering moving its European hub to Dublin as it prepares for the UK to pull out of the EU single market, the firm’s chairman Gerry Grimstone has said.
The Adviser Centre-owned DISCUS has added EQ Investors to its database of discretionary managers.
Allied Minds, an intellectual property company that Neil Woodford has sunk millions into has seen its share price tank after revealing the business requires a major overhaul.
Asset manager Schroders and derivatives firm IG Group Holdings made Canaccord Genuity Wealth Management’s list of attractive targets for foreign companies.
Private wealth manager Dalton Strategic Partnership is to acquire long/short investment manager MSK Capital Partners for an undisclosed sum.
WH Ireland's discretionary assets have grown 8% to £1.1bn, while the firm has begun transitioning admin and custodial duties to tech platform SEI.
Harwood Wealth Management confirmed it intends to raise £10m through the placement of new ordinary shares to fund six future acquisitions totalling £3.1m.
The Adviser Centre has acquired DISCUS, its second deal this year.
Tesco incurred the wrath of the FCA over an accounting mishap in 2014 on Wednesday and faced opposition from majority shareholders, Schroders and Artisan Partners, over its proposed takeover of Booker.
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