Companies
Aberdeen shares drop on larger-than-expected outflows
Shares in Aberdeen Asset Management were as much as 4.6% lower in morning trade as the firm released full year numbers slightly below analysts’ expectations.
Davy consolidates N. Ireland presence with acquisition
Davy Private Clients (UK), the wealth management and financial planning division of Dublin-headquartered Davy Group, is to acquire Northern Irish wealth management firm Pension & Financial Consultants (PFC) for an undisclosed sum.
Defensive assets continue to find favour
Defensive assets continued to lead in October, according to the latest data from FundsNetwork
Pensions association calls on industry to address fraud
The Pensions Administration Standards Association (PASA) has called on the pensions industry to do more to protect pension savers from fraud.
Guernsey fund business sees uptick
The total value of funds business in Guernsey grew by £4.9bn (2.2%) during the third quarter of the year, with closed-ended funds showing the strongest rise.