Investment Week provides the latest investment news, analysis …
WEB6 days ago · Investment Week provides the latest investment news, analysis and opinion for wealth managers and the UK funds industry
Hargreaves Lansdown launches US equity fund
WEBEve Maddock-Jones. 04 October 2022 • 1 min read. Hargreaves Lansdown has launched an actively managed US equity fund as part of the ongoing expansion of its investment offerings, Investment Week can reveal. The HL US fund will launch on 1 November 2022 with an ongoing charges figure of 0.83%, plus the Hargreaves Lansdown platform fee of …
Hargreaves Lansdown relaunches new 68-strong Wealth Shortlist
WEBJun 30, 2020 · Hargreaves Lansdown has released its new 68-strong Wealth Shortlist – a rebranded version of its Wealth 50 list – which has a renewed focus on passive and ESG funds, and now places greater emphasis on performance potential rather than savings for funds' ongoing charges.
Tilney Smith and Williamson AUM reaches record £57.7bn
WEBMar 1, 2022 · Tilney Smith & Williamson has reported assets under management climbed to an all-time high of £57.7bn in 2021, on the back of record new business inflows. Group chief executive Chris Woodhouse called it a "landmark year" for the business, following the merger of Tilney and Smith & Williamson, and also pointed to its organic growth and ...
Hipgnosis sets out timeline for $1.58bn Blackstone deal
WEBJun 17, 2024 · Hipgnosis Songs fund (SONG) has set out a timeline for the approval and completion of the sale of the trust to Blackstone for $1.58bn. In a stock exchange notice on Friday (14 June), SONG explained how shareholders will be required to vote for the deal via a court and general meeting on 8 July 2024. The court meeting will happen first, where at ...
Bestinvest’s spots fewest dogs in six years
WEB08 August 2022 • 4 min read. The number of underperforming funds in Bestinvest’s biannual ‘Spot the Dog’ report has fallen to a six-year low thanks to a value resurgence and growth’s long-term outperformance. The latest edition of the report identified 31 so-called ‘dog funds', down from 81 in the previous report.
Waystone Group completes acquisition of Link Fund Solutions
WEBOct 9, 2023 · Waystone Group has completed the acquisition of Link Fund Solutions’ UK and Irish business, as all regulatory and contractually conditions have been satisfied. The completion of the deal marks the meeting of a significant condition to release the potential settlement for investors in the former Woodford Equity Income fund, if they vote in ...
Charles Schwab opens US investing platform to UK
WEBFeb 1, 2023 · Charles Schwab has opened its US investment platform to all UK investors, after previously requiring a $25,000 minimum to use the platform. UK investors can now use the firm's platform to buy and sell US equities, bonds, and options, with no commissions or service fees. The firm currently has 33.6 million active brokerage accounts, and said it ...
abrdn China trust merger and reconstruction approved
WEBNov 9, 2021 · The merger of the abrdn China and New Thai trusts has been approved by shareholders, forming a single investment vehicle with more than $400m invested across Chinese equities. Formerly the Aberdeen Emerging Markets Investment Company and the Aberdeen New Thai Investment trust, abrdn China Investment Company (ACIC) will be managed by Nicholas ...
Hargreaves Lansdown to spend £175m to 'redefine wealth …
WEBFeb 22, 2022 · Fund platform sees interim profits fall. Bristol-based investment platform Hargreaves Lansdown has unveiled plans to spend £175m in redefining the wealth management space, as it revealed a 20% fall in pre-tax profits for its first half. During the six months to 31 December, the FTSE 100-listed company …