Patient Capital and Kier shares slump as Woodford woes worsen
Woodford Patient Capital shares fall to new all-time low while Kier takes a fresh tumble as dividend cancelled for at least two years.By Daniel Grote - 17 June 2019, 10:02
Equality and inclusion CEO says targets alone will not deliver change
enei chief executive Denise Keating shares initiatives for financial services firms to tackle gender inequality.
Brown Shipley fund closes to new investors due to ‘large redemptions’
The SVS Brown Shipley Sterling Bond fund was closed to new investors on 31 May
Succession passes £8bn as it overhauls acquisition team
Six acquisitions have taken Succession past £8 billion in assets as the company has changed the way it makes acquisitions
Woodford fund matched just 3% of risk profiles
The Neil Woodford saga has raised questions about adviser due diligence and whether cold hard facts are being ignored at the expense of following the crowd
Hargreaves chief to waive £2m bonus amid Woodford storm
Hargreaves Lansdown’s chief executive will forfeit a £2.1 million bonus, amid a furore over his firm’s support of Neil Woodford.
Citywire Ratings: Nick Train and UK small cap stars lead the way
Nick Train and a host of UK small cap specialists are among the fund managers moving up the Citywire Ratings.
Monday Papers: Deutsche Bank to set up €50 billion ‘bad bank’
And Serco has twice been rebuffed in attempts to merge with Babcock, according to the Ministry of Defence operator.
Asia stocks gain as investors await Fed meeting
The Nikkei 225 in Japan erased earlier gains to add 0.15%, while China’s Shanghai Composite Index added 0.51%.
Sunday Papers: Serco’s £4bn swoop on Babcock
And Boris Johnson surges in Tory leadership poll as rivals Michael Gove and Sajid Javid pitch for cabinet jobs.