Brewin Dolphin funds boosted by discretionary arm
1st Feb 2012 07:12
Stockbroker and wealth manager Brewin Dolphin said funds under management increased by 3.8% since 30 September 2011, with discretionary funds up 5.1%. Total managed funds rose to £24.9bn after a £16.4bn injection from its discretionary investment arm. Income for the first 13 week quarter to 31 De
Read moreAviva boss sells shares
8th Dec 2011 16:08
Leslie Van de Walle, a non-executive director at Aviva, has sold £42,659-worth of shares in the insurance giant. Van de Walle, 55, who joined the board in 2009 and is also the director of SIG, sold 12,826 shares at 332.60p each. Last month Aviva announced that it is to raise $400m in capital sec
Read moreSector movers: Brewin Dolphin drags on financial services sector
7th Dec 2011 15:10
Financial services stocks were on the decline on Wednesday afternoon, with independent wealth manager Brewin Dolphin providing a drag on the sector. The FTSE 250 stock was down 3.52% at 129p by 15:48 despite its funds under management rising 3.4% in the last year, driven by its discretionary invest
Read moreDiscretionary funds drive Brewin Dolphin
7th Dec 2011 07:07
Independent wealth manager Brewin Dolphin saw its funds under management rise 3.4% in the last year, driven by its discretionary investment arm. Total managed funds reached £24.0bn in the year to the end of September, up from £23.2bn last year. The growth was entirely driven by discretionary fund
Read moreBrewin Dolphin warns on tough market
6th Oct 2011 10:05
Brewin Dolphin, the independent investment manager has seen its advisory funds under management fall by 8.7% in its final quarter. Total funds under management are now at £24bn, a rise of 3.4% on the same period last year, including an 11.4% rise in discretionary funds. There has been a net inflow
Read moreThursday tips round-up: BATs, Morgan Crucible, Aviva...
28th Jul 2011 06:46
British American Tobacco has tended to forge ahead of its smaller quoted rival Imperial Group, and this week's results have proved no exception. Imps, mired in a price war in Spain, reported a 3 per cent decline in cigarette sales in its nine-month trading update. BAT came in with a 1 per cent decli
Read moreSunday tips round-up: Brewin Dolphin, Electrocomponents, IMPs, Telecom Plus, SVG
17th Jul 2011 09:17
Private client investment manager Brewin Dolphin can trace its roots to the mid-18th Century and was a founding member of the London Stock Exchange, writes Midas in the Mail On Sunday. It has more than 100,000 clients, and since the turn of the century the proportion of clients who are taking the f
Read moreMedusa bosses buy on weakness
23rd Jun 2011 16:05
Directors at Philippines-focused gold producer Medusa Mining have upped their stakes amid a weak spell for the company's shares. Managing director Peter Hepburn-Brown took 15,00 shares at A$6.85 (449p) a time, paying a total of just over £67,000. He previously had no shares in the company. Non-ex
Read moreLondon close: More gains for FTSE 100
31st May 2011 16:38
Stocks built on the strong gains they posted ahead of the long weekend, surpassing the 6,000 point mark but finishing slightly below that psychologically-important level. In company news, Serco, the outsourcing company whose activities include running prisons and London's Docklands Light Railway,mo
Read moreFTSE 250 movers: JD tops the risers
31st May 2011 15:15
Retailers JD Sports Fashion and Supergroup are also in demand. Tate & Lyle, the food ingredients group, has been given a lift by UBS after the broker raised its target price for the stock by 8%, from 550p to 595p. Stockbroker and investment manager Brewin Dolphin is edging higher after announcing
Read moreLondon afternoon: Stocks sail on Greek tailwinds
31st May 2011 14:21
Optimism about a resolution to Greece's latest dire need for a bail-out is giving equities a boost today, providing some much needed focus on a day that is short of block-busting company news. Serco, the outsourcing company whose activities include running prisons and London's Docklands Light Rail
Read moreBrewin Dolphin addresses Irish demand with €36m purchase
31st May 2011 12:47
Stockbroker and investment manager Brewin Dolphin is set to buy Ireland-based fund management firm Tilman Asset Management for a total consideration of €35.9m (£23.1m), payable in shares. Tilman is based in Dublin and provides discretionary, private client, fund management services. "We are very e
Read moreLondon close: Higher finish after late recovery
25th May 2011 16:43
A late fightback sent the top share index into the blue ahead of trading's after an uncertain day's trading. There was little in the way of company news to move FTSE 100 stocks. Fashion retailer Next and B&Q owner Kingfisher are among the worst performers. Following suit is new kid on the block Gle
Read moreFTSE 250 movers: C&W Comms drops by a tenth
25th May 2011 15:42
The first year of independence saw earnings remain virtually static at Cable and Wireless Communications (CWC), largely as a result of a more difficult Caribbean market than the telecoms group expected at the time of its demerger. Shares dropped over 10% by Wednesday afternoon. Sportswear retailer
Read moreLondon midday: FTSE 100 still struggling to recover
25th May 2011 12:02
The top share index is seeking direction amid continued uncertainty following the slide on Monday. Fashion retailer Next and B&Q owner Kingfisher are among the worst performers. Following suit is new kid on the block Glencore, which is under the weather on its debut on the top-share index. On the
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