LionTrust profits fall 45%, targets £1.5m savings
LionTrust Asset Management reports 45% profit drop in H1 2024, launching strategic cost-cutting initiative targeting £1.5m annual savings amid market challenges.
LionTrust Asset Management reports 45% profit drop in H1 2024, launching strategic cost-cutting initiative targeting £1.5m annual savings amid market challenges.
Major asset managers are transferring research costs to clients, reversing Mifid II's unbundling rules. Discover how this impacts investment strategies and market research.
The Financial Conduct Authority investigates 20 asset management firms for potential anti-money laundering failures. Discover the implications for UK financial regulation.
Asset managers are pulling back from dark green fund launches as regulatory uncertainty and high costs bite. Discover why sustainable investment faces headwinds.
Investment bank PJT Partners is launching a significant Nordic expansion, hiring 10 senior dealmakers to capitalise on the region's growing M&A activity. Discover their strategic move.
Asset manager Jupiter appoints Nathan Bostock, former Santander UK CEO, as new chairman effective immediately. Key leadership change signals strategic shift.
Entrepreneur Richard Harpin reveals why focusing on fewer products drives international expansion. Learn how 'de-evolution' can accelerate your business growth through disciplined decision-making.
Morrison Foerster strengthens London private equity practice with HSF partner hire. Strategic move signals growth in competitive legal market.
Leading UK companies including Burberry and Fortnum & Mason support Heathrow Airport Limited's proposal to operate the third runway, arguing it delivers maximum economic benefits.
European asset management giant Amundi purchases strategic stake in ICG to expand private credit offerings. Discover how this move reshapes the investment landscape.
Major investment banks including Barclays and BNP Paribas are expanding their Nordic operations, hiring senior bankers and targeting lucrative M&A deals in the region's thriving markets.
Former BT boss Philip Jansen named Heathrow Airport chairman to oversee controversial £50bn expansion plan including third runway. Get the latest on Britain's aviation future.
US fried chicken chain Popeyes opens its 100th UK restaurant at London Bridge station. Bosses reveal rapid expansion will continue amid soaring demand for high-protein food.
Chancellor Rachel Reeves plans new tourist taxes and a sugar levy expansion to fill a £20bn fiscal hole. Discover how this impacts your wallet and the high street.
Asset manager Ninety One reports 20% AUM growth to £143.2bn as quarterly flows turn positive. Discover how emerging markets performance drove this recovery.
London asset manager Polar Capital reports £27.9m profit as AI investments drive record assets. Discover how tech exposure boosted performance despite market bubble fears.
Schroders Capital strengthens its private assets team with strategic hire from Pimco. Discover how this move enhances their business development capabilities.
JPMorgan Chase announces major expansion of UK private banking with 200 new wealth adviser roles. Discover how this strategic move targets high-net-worth clients.
More than 2,300 residents are campaigning to protect the 18th-century Black Horse Pub in High Barnet from redevelopment by securing 'Asset of Community Value' status. Sign the petition to show your support.
Survey reveals most English councils are selling public assets like sports centres to fund soaring social care costs, with many also planning council tax hikes.
Diane Wilson, a 77-year-old shrimper, successfully challenged ExxonMobil's planned $10bn plastics plant in Texas through legal action, highlighting growing community resistance against fossil fuel expansion.
The Financial Conduct Authority is significantly expanding its Leeds presence, doubling its office space as part of its strategy to decentralise financial regulation from London.
Goldman Sachs increases EU workforce by nearly 200 employees across Frankfurt, Paris and Milan while compensation costs surge 11% amid strategic continental expansion.
US investment bank Moelis & Co explores Nordic expansion as financial institutions compete fiercely for top banking talent across European markets.
Disgraced financier Crispin Odey winds up Tri-Star Resources, his gold investment firm, citing serious concerns over its Omani project's viability. Discover the full story.
London's wealth management sector surges as rising markets and investor confidence drive spectacular growth. Discover which firms are leading the charge.
Comprehensive analysis of UK wealth managers reveals which firms offer the best value for investors. Discover the top performers and market outlook for 2024.
BlackRock, JPMorgan and State Street significantly expand Middle East operations amid growing regional wealth management opportunities and economic diversification drives.
Real Madrid secured their ninth consecutive basketball clásico victory against Barcelona 101-92. Explore the historic rivalry that mirrors football's intensity and NBA expansion plans.
Cryptocurrency giant Coinbase hires former Goldman Sachs partner Liz Martin to lead international expansion strategy. Discover how this move strengthens their global position.