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Ashmore assets under management broadly stable
Ashmore Group reported broadly stable assets under management at $48. 8bn for the six months ended 31 December on Friday, as improved net flows and reduced redemptions helped to offset market volatility.
Victrex holds guidance but warns of subdued medical revenues
Polymers maker Victrex held guidance after a solid first-quarter performance saw revenues rise 9% but warned trading conditions remain mixed, with medical sales still subdued, driven by ongoing destocking among its customers.
L&G to sell US protection business to Meiji Yasuda for $2.3bn
Legal & General is to sell its US protection business to Japanese peer Meiji Yasuda in a $2. 3bn deal that will see the latter take a 5% stake in UK financial services group.
Victrex holds guidance after solid quarter, Legal & General to sell US protection business
London open The FTSE 100 is expected to open 32 points lower on Friday, having closed up 1. 21% on Thursday at 8,727. 28.
House prices jump in January - Halifax
House prices jumped in January to reach fresh highs, industry data showed on Friday, reversing December’s fall.
London pre-open: Stocks seen lower as investors eye payrolls
London stocks were set to fall at the open on Friday following a record close a day earlier, as investors eyed the latest US non-farm payrolls report.
Friday newspaper round-up: Gambling sector, FOS, Amazon
The gambling regulator has accidentally handed over more than 4,000 sensitive documents to lawyers acting for the media tycoon Richard Desmond, in an “unprecedented” blunder during its legal battle over the £6. 4bn national lottery contract, the Guardian understands. Northern & Shell (N&S), the investment group owned by Desmond, is suing the Gambling Commission for £200m in damages over its handling of the lottery licence award process. – Guardian.