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Boutique fund manager co-founded by Jacob Rees-Mogg lost two-thirds of assets after St James’s Place severed ties
Boutique fund manager loses more than two-thirds of its assets after St James’s Place severs ties
Minority of shareholders had pushed for cut to share grant awarded at pandemic-induced low
Cruise group’s shares improve, but debt remains a concern
UK’s largest wealth manager makes move after a surge in redemption requests by investors
Regulator has consistently missed opportunities to scrap early withdrawal charges
FTSE 100 group has faced scrutiny over what critics say are opaque and expensive charges
Plus, SJP’s fee overhaul, borrowing costs for Jordan and Egypt rise, and untitled f*ck m*ss s**gon play at the Young Vic
Wealth manager’s market value faces bit hit from new rules that affect its upfront fees
Shares drop following FT report that company is under pressure from regulators
Could lower fees win more customers in the long term?
Former Prudential executive to replace Andrew Croft as UK wealth manager’s fees come under pressure
As some clients complain about opaque charges, investors worry recent reduction could be just the start
Wealth manager has six entries on list of three-year underperformers
A little lightweight plucking is already under way on product management fees
Wealth manager says regulatory crackdown prompts changes to charging structure that will dent profits
Justin Onuekwusi’s appointment comes as wealth managers struggle with rising costs and competition from cheaper rivals
To thrive these days, asset managers need to be big or specialised
Group expects a decline in sales this year
UK’s largest wealth manager says new service ‘puts us up to date’
Last year’s record inflows from people investing pandemic savings are unlikely to be matched this year
Funds under management at St James’s Place up 14% since January
City stalwart to join UK’s largest wealth manager after 8 years as Prudential chair
Shareholder campaigns for strategic changes turn less buccaneering, more staid
Investor reticence and social-distancing measures drag on UK wealth manager’s performance
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