Edition:
United States

Simon Jessop

Ashmore first-quarter assets flat as inflows offset investment losses

2:28am EDT

LONDON Emerging markets-focused money manager Ashmore said assets under management were broadly flat at the end of September from the prior quarter, as inflows of client cash offset investment losses.

Man Group assets hit by outflows of client cash, FX

Oct 11 2019

LONDON British hedge fund manager Man Group said assets were hit by net outflows of client cash and adverse currency moves in the third quarter and an uncertain outlook could weigh on sentiment into year-end.

Hargreaves Lansdown assets up 3% on new business, market gains

Oct 10 2019

LONDON British investment platform Hargreaves Lansdown said its total assets rose 3% in the quarter to the end of September, driven by net inflows of client cash and market gains, although investment sentiment was weak.

UPDATE 1-Hargreaves Lansdown assets up 3% on new business, market gains

Oct 10 2019

* Investor sentiment weak on Brexit, macro issues (Adds detail from statement, background, quote, bullet points)

Top-5 BHP investor Aberdeen Standard piles on climate pressure ahead of AGM

Oct 09 2019

LONDON One of BHP's biggest shareholders Aberdeen Standard Investments on Wednesday added to pressure for the world's leading miner to cut ties with lobby groups it says are at odds with the company's pledges on climate leadership.

RBS investors call on new boss Rose to shrink NatWest Markets

Oct 08 2019

LONDON, Oct 8 With weeks to go until Alison Rose takes over as CEO of Royal Bank of Scotland, shareholders are demanding a shake-up of the state-backed lender, with cuts to its minnow investment bank topping their agenda.

Kazakhstan's Kaspi.kz pulls London listing blaming market conditions

Oct 07 2019

LONDON Kazakh financial group Kaspi.kz said on Monday it was postponing a London listing due to market conditions, reviving concerns about initial public offerings (IPOs) in Europe.

Kazakhstan's Kaspi.kz pulls London listing blaming market conditions

Oct 07 2019

LONDON, Oct 7 Kazakhstan's Kaspi.kz, which controls the Central Asian nation's third-largest lender Kaspi Bank, said on Monday it was postponing a London listing due to market conditions.

Veteran investor Gilbert to leave Standard Life Aberdeen

Oct 02 2019

LONDON Veteran investor Martin Gilbert will leave Standard Life Aberdeen next year, ending a career spanning more than three decades at the helm of one of Britain's most successful asset managers.

Brexit vote reprise? Money flows out of UK property funds

Oct 01 2019

LONDON Britain's top property investment funds have shed almost 10% of their combined assets this year as investors fret about the impact of Britain's exit from the European Union.

World News