Offences relate to trading in shares of IT firm Logica.
Artemis co-founder Mark Tyndall is stepping aside as senior partner to take a non-executive role on 31 December 2015. Tyndall will remain a partner at the investment manager and retain “a substantial stake” in both the partnership and the funds that Artemis manages. Tyndall founded the business in 1997 with fellow ex-Ivory & Sime funds managers […]
Scottish Widows has sold its offshore life business Clerical Medical to investment group RL360. Clerical Medical has been running as a closed business since March 2012 after Scottish Widows parent Lloyds Bank moved to refocus on core UK banking and insurance operations. The business consists of around 24,000 policies, with over £5bn assets under management, […]
Rathbones’ total funds under management rose 6.3 per cent to £28.9bn at the end of the first quarter, but outflows at the unit were up 17 per cent. Total funds grew from £27.2bn in December 2014, rising 26.8 per cent year-on-year, according to the firm’s results for the first three months of 2015. However, outflows at the division […]
Read our latest Investment Clock Economic Report, ‘An Extended Cycle’, from Royal London Asset Management’s Senior Economist, Ian Kernohan, covering topics including the relationship between unemployment, wages and inflation and whether Brexit still means Brexit. Read the article here The value of investments and the income from them is not guaranteed and may go down […]
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