News

Companies | news 25 Jan 24

St James’s Place net inflows halve as Jefferies lists stock as ‘buy’

New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030

image of golden crown award over wooden table.

Investment | news 24 Jan 24

Value funds overtake growth in FE fundinfo Crown rebalance

Value funds are within the top 10% of all IA portfolios on alpha, volatility and performance, overtaking the previous growth winners

VCT take-up jumps by a third to 25,800 investors

Alternatives | news 24 Jan 24

VCT take-up jumps by a third to 25,800 investors

Total money raised up by 61% to £1.04bn

Edinburgh City and Castle viewed from Calton Hill on a beautiful winter morning with the Dugald Stewart monument in the foreground and the castle, Scott monument and Balmoral clock tower in the background.

Companies | news 24 Jan 24

Abrdn confirms 500 redundancies in cost-cutting ‘transformation plan’ amid £12.4bn outflows

£150m of costs will be cut across the business over two years

Steven Levin

Companies | news 24 Jan 24

Quilter boosted by spike in adviser flows to platform

Jump of 44% on the inflows through the same route a year ago