Citywire Money: making the most of your money

Miton issues profit warning as outflows hit £500m

by Gavin Lumsden on Nov 27, 2014 at 10:06

Miton issues profit warning as outflows hit £500m

Miton Group blames the departures of fund managers Bill Mott and Martin Gray for a fall in assets under management.

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East Coast win cheers Stagecoach as FTSE waits on Opec

Nov 27, 2014 at 10:45

Stagecoach surges after the transport group’s joint venture with Virgin wins the East Coast train line contract.

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The Expert View: Bunzl, Rightmove and Sage

Nov 27, 2014 at 05:01

Our daily roundup of analyst commentary on shares, also including LondonMetric Property and Howden Joinery.

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Thursday Papers: Oil price fall starts to weigh on banks

Nov 27, 2014 at 03:30

And the shock departure of Thomas Cook's chief executive wipes £400 million off the value of the tour operator.

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Overnight Markets: Wall Street gains amid economic optimism

Nov 27, 2014 at 03:33

Tech shares rose but energy stocks weighed on the market after crude prices continued to flirt with multi-year lows.

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New Model Adviser®: for professional financial planners

East Coast win cheers Stagecoach as FTSE waits on Opec

Nov 27, 2014 at 10:45

Stagecoach surges after the transport group’s joint venture with Virgin wins the East Coast train line contract.

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Skipton advice chairman steps down

Nov 27, 2014 at 10:26

The chairman of Skipton Building Society's advice arm has stepped down.

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Tilney Bestinvest hires ex-Lloyds adviser

Nov 27, 2014 at 10:26

Advice group Tilney Bestinvest has appointed an ex-Lloyds adviser to become a financial planner for its Mayfair office.

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L&G wins £2.5bn bulk annuity deal

Nov 27, 2014 at 07:51

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Citywire Wealth Manager: for investment professionals

Charles Stanley suffers £3.9m loss as restructuring continues

Nov 27, 2014 at 07:54

The national wealth manager's discretionary arm displays solid growth as advisory  managed and advisory dealing business continues to contract. 

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Miton issues profit warning as outflows set to top £500m

Nov 27, 2014 at 07:51

Miton Group has warned its profit will be 'significantly less than forecast' as it is expecting outflows to reach close to £500 million in the second half of the year following the departure of Martin Gray and Bill Mott's retirement.

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Legal & General wins £2.5bn bulk annuity deal

Nov 27, 2014 at 07:30

Legal & General has agreed a £2.5 billion bulk annuity deal with the TRW Pension Scheme that will see the company insure over 22,000 of its pensioners.

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Venables-backed football fund booted out of play

Nov 26, 2014 at 14:04

The football fund backed by former England and Tottenham Hotspur manager Terry Venables has been booted out of play by offshore location it planned to operate in.

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Citywire Global: for international fund selectors

Ex-Mexican finance ministry man handed BlackRock PM role

Nov 27, 2014 at 09:53

Asset management giant assigns 14-year market veteran to role on emerging market strategy replacing senior manager.

Europe has ‘one hand tied behind its back’, says Allianz Global CIO

Nov 27, 2014 at 09:35

VIDEO: Andreas Utermann discusses his economic outlook for 2015 and explains why he thinks Europe needs more stimulus.

AXA IM bonds chief: post crisis costs hitting large bond funds hard

Nov 27, 2014 at 09:08

PARIS: Increased levels of regulation are weighing on fixed income investors, hitting performance on the largest funds and sparking outflows.

Revealed: the lone outperformer in Spanish equities

Nov 27, 2014 at 08:01

Citywire Global uncovers the only manager to have consistently outperformed the average manager over the past five years.

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