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Independence of Woodford directors called into question

Questions have been raised about the independence of two directors at Neil Woodford’s £855m Patient Capital Trust after a report in The Times reveals they have jobs at companies in which the fund owns a stake. According to The Times, Patient Capital Trust chairwoman Susan Searle is also deputy chairwoman of Mercia Technologies, a quoted […]

Lloyds hits back at Standard Life in spat over assets

Lloyds has questioned Standard Life Aberdeen’s credibility as it defends its decision to move £109bn of assets away from the fund giant. In February, the Scottish Widows Investment Partnership assets were pulled because Lloyds saw Standard Life as a rival. However, this morning Standard Life Aberdeen announced it and Lloyds are in dispute resolution over the legal […]

Liontrust inflows double in one year

Liontrust Asset management has seen net flows double over the course of the last year to £1bn. The group’s assets under management have jumped 61 per cent in the year, according to the firm’s Q1 trading update this morning. The group’s AUM currently stands at £10.5bn and it has seen £255m net inflows in the […]

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