United Kingdom
Active equity has good year but suffers longer term
More than half of active UK equity funds outperformed last year, but three quarters underperformed over a 10-year period, according to S&P Dow Jones Indices (SPDJI).
Investment | 16 Mar 18
Housebuilders suffer after Berkeley production warning
UK housebuilders experienced a sell-off today after Berkeley Group Holdings warned it would not be able to boost production to meet the government’s demand for new homes.
The Lang Cat: 90% of platform assets at risk
Approximately 90% of the £519bn ($724bn, €587bn) assets held on adviser platforms are at risk of disruption from a major business change, according to The Lang Cat.
SimplyBiz to float next month
IFA adviser SimplyBiz is floating on the London Stock Exchange’s Alternative Investment Market (Aim) next month.
IFAs among 24 firms UK compensation scheme declares in default
Three advisory firms, along with 21 other financial businesses, were declared in default by the Financial Services Compensation Scheme (FSCS) in February.