Funds
Annual profits beat forecasts at Jupiter, shares spark
Shares in Jupiter Fund Management jumped on Thursday, after full-year profits came in comfortably ahead of expectations.
Somerset Capital Management to close
Somerset Capital Management, the boutique fund manager co-founded by Jacob Rees-Mogg, is to close, the firm announced on Thursday.
Embattled-Odey Asset Management gates fund
Odey Asset Management has gated another fund after withdrawal requests surged in the wake of sexual misconduct allegations against founder Crispin Odey.
Scandal-hit Odey Asset Management to be broken up
Odey Asset Management is to be dismantled, after the hedge fund was sent reeling by accusations of sexual misconduct against founder Crispin Odey.
Link Group agrees £235m payout for Woodford investors
Australia's Link Group has agreed to pay out up to £235m to investors caught up in the collapse of the Woodford Equity Income Fund, it was confirmed on Thursday.
Liontrust profits set to beat expectations
Liontrust Asset Management said on Wednesday that annual profits were on course to come in ahead of expectations, despite a "challenging" year for the industry.