News
Investment | news 12 Jul 18
Nick Train: Value was a 20th-century phenomenon
Finsbury Growth & Income mananger Nick Train has played down stretched price-to-earnings ratios on companies like Hargreaves Lansdown as he warns digital disruption could mean value investing is consigned to the last century.
Praemium’s funds under administration rocket past A$8bn
Australian platform Praemium announced that gross inflows of A$760m over the last quarter have driven funds under administration to A$8.3bn (€5.2bn, £4.6bn, $6.1bn).
‘Don’t judge us on industry rumours’ – IFA consolidator
Advice firm consolidators looking to make further acquisitions could be out of luck if a survey published by platform Nucleus is taken at face value.
Mauritius financial centre ‘booming’
Mauritius is the fastest growing financial centre in Africa and the third fastest growing in the world, according to researchers New World Wealth (NWW).
Aviva bids ‘adios’ to Spain
Aviva has completed its exit from Spain’s life and pensions marketplace after selling its entire shareholdings in its joint venture operations in the region.