Natixis Global Asset Management has seen a net income increase of 25 per cent to €331m (£246m) in the first quarter of 2015, helped by new net inflows in its asset management unit. The group saw a record €19bn of net inflows in the asset management business of which €8bn was in Europe and €11bn […]
Nucleus has reported a 26 per cent increase in pre-tax profit for the first three months of the year. The platform made a £564,000 profit in Q1, up from £449,000 in Q1 2014. Gross inflows for the first quarter of the year totalled £510m, up by 6 per cent from £481m in the equivalent period […]
Openwork is launching a study programme for advisers looking to attain chartered status. The Route to Chartered Status programme is open to principals, advisers and paraplanners. It will initially deliver face-to-face support at Openwork’s headquarters in Swindon, and subject to demand will offer face-to-face courses at a number of additional locations. Each advanced study module […]
Offences relate to trading in shares of IT firm Logica.
Macroeconomic matters are less significant for stockpickers, says fund manager Philip Wolstencroft. The companies in his portfolio are growing reliably and stand at a 20 per cent discount to the market.
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