Today news
About the same in other media
More than £4.5bn wiped from UK fund stocks as economy spooks investors
Reading now: 697
fnlondon.comMore than £4bn has been wiped from the collective market value of UK-listed asset managers since the start of the year, with concerns over slower economic growth and a challenging outlook for retail fund flows contributing to double-digit share price falls across the sector.
According to Financial News analysis of 12 publicly traded UK asset managers, their collective value was some £4.6bn lower at 28 March 2022 than at 31 December 2021, based on data sourced from the London Stock Exchange.
Asset...
Read more on fnlondon.comAbout this in other media
‘The anxiety and distrust will never go away’: how financial infidelity can hurt more than an affair theguardian.com /2 years ago
UK economy slows more than expected as car production slumps theguardian.com /2 years ago
UK, US, India, Singapore See More Crypto-Related Regulations, EU Bans High-Value Provision of Crypto Services to Russia + More News cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
