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Liontrust interim profits up by 8%

Liontrust has seen interim profits rise by 8 per cent to £5.6m over six months to June from £5.2m last year. Performance fees leapt from £134,000 to £367, 000.

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Mordrick to join Rensburg

Former Invesco Perpetual associate director of sales Kevin Mordrick is to join Rensburg Fund Management as a regional sales director. Rensburg says his move intends to boost the the level of service that it provides to advisers and discretionary managers in London and the South East. Rensburg joint managing director David Acfield says: “We could […]

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Skipton FS looks to grow in cash deals

Skipton Financial Services says it is lining up further IFA acquisitions as part of its aggressive growth strategy.It recently acquired Parnell Fisher Child and believes consolidation is key to the survival of adviser firms after the retail distribution review.Managing director Simon Holt says he believes Skipton is an attractive parent because of its acquisition strategy. […]

India correction: a terrific entry point?

By Kunal Desai, head of Indian Equities, Neptune A key concern for investors who were looking at India afresh has been the rich valuations and strong prior performance. We view the correction in the market through short-term growth concerns from demonetisation as a terrific entry point for the long-term investor. Investors should not be overly concerned […]

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