News by: James Phillipps
Shares in Google slumped by 6%, wiping $22 billion off the value of the company after it failed to meet analyst expectations, despite growing its profits by 3% in the first quarter.
Brooks Macdonald defied flat markets and saw discretionary funds under management rise by 4.2% to £5.92 billion over the first quarter.
'When I started out you had no compliance departments and you regulated yourself. Your word is your bond was the standard we worked to,' says Frank Investment founder Paul Sedgwick
RWC’s Ajay Gambhir says the dispersions in European equity valuations are at their highest level in 30 years, throwing up opportunities for long/short managers.
A 41-page defence document filed in the High Court battle between Brewin Dolphin and Charles Stanley lays bare years of tension between six former employees of Brewin’s Leicester branch and its London HQ over head office policies.
Allegations of ‘risky’, ‘heavy-handed’, ’short-sighted and damaging’ policies are being bandied about in the High Court battle between Brewin Dolphin and Charles Stanley.
Miton saw its assets under management surge by 72% past the £3 billion mark in 2013 on the back of strong organic growth and the acquisition of PSigma.
Aberdeen has completed the acquisition of Scottish Widows Investment Partners (Swip) and said it expects the deal to be earnings enhancing from year one.
Charles Stanley's Cardiff office opened for business today, becoming the national wealth manager's 34th branch.
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Robert Jukes, global strategist at Canaccord Genuity Wealth Management offers an insight into his investment thinking and outlines the potential impact of the rise of crypto-currencies.