Funds & Fund Managers
Vodafone drags down FTSE but Fever-Tree fizzes
FTSE 100 endures third day in the red, but trading brings big moves outside the blue-chips, with Fever-Tree shares soaring
Top AIM investor dismayed by 'devastating' Patisserie fraud
Paul Mumford says he feels 'misled', having backed Patisserie Valerie owner's rescue rights issue in November
We're cheaper than IFAs says Hargreaves as Wealth 150 culled
Online stockbroker Hargreaves Lansdown has slashed the number of funds on its Wealth 150 buy list, rebranding the selection as Wealth 50. But comments from chief executive Chris Hill will raise eyebrows among advisers.
GlaxoSmithKline leads FTSE higher on Pfizer tie-up
Fund managers welcome assurances over dividend as GlaxoSmithKline announces plan to hive off consumer healthcare business into joint venture with Pfizer.
Fund managers count cost of Patisserie Valerie scandal
While some have taken part in rights issue at 50p per share, others have been unwilling to lend further backing to beleaguered baker.
Invesco set for £127m AJ Bell payday as Woodford misses out
Neil Woodford's sale of his AJ Bell stake earlier this year means he will miss out on the likely flotation payday for Mark Barnett's Invesco income funds.
Thomas Cook dividend blow knocks value managers
Shares in travel group lose a quarter of their value after suspension of dividend and second profit warning in two months.
AJ Bell prepares for float in choppy waters
AJ Bell will publish the prospectus for its initial public offering at the end of November, but it will float in more difficult market conditions than when the plans were originally announced.
12 fund managers to watch this month
We shine a spotlight on managers across the investment universe entering or moving up the Citywire ratings over September 2018.
Rathbones' Jackson vows to learn from Patisserie hit
Rathbone UK Opportunities manager takes part in bailout of beleaguered baker and says goal is to 'learn from this shambles'.