United States

Investment Management & Fund Operators

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Schroders says H1 assets hit record, boosted by currency moves

2:19am EDT

Schroders Plc : Says assets under management £343.8 billion (30 june 2015: £309.9 billion) . Says interim dividend 29.0 pence per share (interim dividend 2015: 29.0 pence per share) . Says net inflows £0.7 billion (h1 2015: £8.8 billion) . Says there was heightened market volatility throughout period, particularly towards end of june, following result of referendum on uk's membership of european union. We expect current market environment to persist and this may have an impact on investor demand . Says net operating revenue margin before performance fees was 47 basis points (fy 2015: 49 basis points). Reduction is largely due to changes in business mix . H1 pretax profit 282.3 million stg . Interim dividend 29 penceper share . Says profit before tax and exceptional items. £293.7 million (h1 2015: £305.7 million) . Says profit before tax £282.3 million (h1 2015: £290.3 million) .Says generated £0.7 billion of net new business, with institutional demand offsetting outflows from intermediary and wealth management clients..

Henderson Group assets up 3 pct to $95 bln as of June 30

2:14am EDT

Henderson Group Plc : Aum increased to 95 billion pounds at June 30, reflecting net outflows of 2 billion pounds and market and currency movements of 5.1 billion pounds . H1 underlying net profit fell 9 percent to 284.8 million pounds ($375.02 million) . Charges from acquisition related and non-recurring items totalled 26.4 million pounds after tax . Institutional flows recovered in the second quarter, driven by inflows into Henderson Geneva in U.S., Henderson Fixed Income and Henderson GrowthEequities in Australia and fixed income strategies in Britain . Andrew Formica, Chief Executive of Henderson, said: our institutional flows turned positive in Q2, with a positive pipeline . H1 underlying pretax profit 100.5 million pounds . Interim dividend 3.2 pence per share . H1 pretax profit 68.4 million pounds versus 98.1 million pounds year ago . H1 underlying net profit fell 9 percent to 284.8 million pounds . Underlying profit before tax for period was 100.5 million pounds . Board declared an interim dividend of 3.20 pence per share for six months ending June 30 .Negative market movements in period were counterbalanced by FX translation gains as henderson's business becomes increasingly global, with usd, eur and aud strengthening 9 percent, 11 percent and 11 percent respectively, against GBP.

Partners Group says will invest over $200 mln on behalf of its client in taiwanese solar power platform

Wednesday, 27 Jul 2016 09:00pm EDT

Partners Group : Partners Group to invest over usd 200 mln as majority shareholder in development of taiwanese solar power platform . Platform has entered into an agreement with sinogreenergy to develop portfolio of up to 550mw of solar power plants across taiwan .Agreed to invest over $200 million as controlling shareholder in taiwanese solar power development on behalf of its clients..

AllianceBernstein says will not proceed with Visium Fund transaction

Wednesday, 27 Jul 2016 06:33pm EDT

AllianceBernstein Holding : " having determined that an opportunity involving Visium Global Fund was not feasible, we will not proceed with transaction" .Ab statement on Visium transaction.


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Analyst Research

Report Title Price
Provider : Edison Investment Research
Provider : Edison Investment Research
Provider : Edison Investment Research
Provider : Edison Investment Research
Provider : Thomson Reuters StreetEvents

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