Gartmore sees client funds plunge
Gartmore sees client funds plunge Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoCrowdy FanShe Didn’t Know Why Everyone Was Staring At Her Hilarious T-ShirtCrowdy FanUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoHero WarsBig Boss of internet games!Hero WarsUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.comUndo FUND manager Gartmore has seen its assets under management plunge after the suspension of its star fund manager.The firm, which listed in December and has since seen its share price almost halve, said assets fell nine per cent to £20.3bn at end-July, after £1.9bn of outflows in the first seven months of the year.Guillaume Rambourg was suspended as part of an internal probe that raised investor questions over the company’s internal procedures. Since then gratmore has struggled to retain clients.In addition, Gartmore said it had seen £67m of redemptions on 2 August for its hedge funds and notices for another £223m of redemptions as of 16 August.Chief executive Jeffrey Meyer said: “The financial results for the first six months of 2010 showed a satisfactory improvement with EBITDA increasing by 146 per cent. “However, our net sales were below expectations primarily due to the suspension and subsequentresignation of one of our portfolio managers. “We are now focused on regaining momentum and believe we are attractively positioned to benefit from the continuing demand for absolute return products and the general growth potential of our UK Retail business.” Show Comments ▼ John Dunne Tuesday 17 August 2010 2:46 am whatsapp
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whatsapp Firestone meets mining targets at its key BK11 diamond mine in Botswana Thursday 2 September 2010 7:50 pm KCS-content Show Comments ▼ Firestone Diamonds said it reached production plant capacity targets ahead of schedule and recovered a high quality diamond at its BK11 mine in Botswana, raising its expectations for the average value of output at the mine.It said early diamond recoveries included a 13.74 carat stone, with value estimated at $5,000 (£3,428) per carat. “This recovery is very significant and confirms our expectation that larger diamonds will be recovered at BK11,” chief executive Philip Kenny said. Firestone said it would “comfortably exceed” the target production of 1.5m tonnes a year at the production plant once the phase two commissioning was completed in the fourth quarter of 2010.Firestone, which had agreed to buy rival Kopane Diamond Developments for $71m to get its hands on Kopane’s Liqhobong kimberlite project in July, said plans developed in relation to the mine were at an advanced stage. But the company said a plant it was building for Debswana Diamond at a Botswana mine would be delayed to allow Debswana to focus on certain higher priority projects. Tags: NULL whatsapp Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com
More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Share whatsapp ebay defeats Tiffany in court Show Comments ▼ KCS-content eBay won a dismissal of a Tiffany & Co lawsuit accusing the auctioneer of deceiving customers by allowing the sale of counterfeit Tiffany jewellery on its website yesterday. The case is seen as a challenge in the United States to internet companies such as eBay, Google and others that host services that other people provide, and do not responsible for users’ trademark violations. Monday 13 September 2010 8:46 pm whatsapp Tags: NULL
whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp John Dunne Financial information group Euromoney said it expected to make record pretax profit this financial year after advertising and delegate numbers to its events recovered, lifting its shares on Friday.The first of the professional publishing and events groups to report this quarter, Euromoney said growth in subscription revenues had also picked up and it expected headline sales growth of 3 percent for the year to end-September.Euromoney, a unit of newspaper group Daily Mail & General Trust, sounded more upbeat than bigger rivals Reed Elsevier and, pointing to possible higher growth for the sector.“The good performance of the advertising-driven businesses, and the continued increase in the rate of growth in subscription revenues, has driven a strong trading performance in September, traditionally the most profitable month,” Euromoney said. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily Proof Share
Show Comments ▼ Euromoney predicts record profit Friday 24 September 2010 4:07 am Tags: NULL 
whatsapp Share Warner Bros is set to cast a £100m spell on the Leavesdon Studios near Watford, when it buys and redevelops the home of the Harry Potter film franchise. The Hollywood giant is this week set to unveil plans for adding two new sound stages to house a Harry Potter set tour, plus a revamp of the site’s visual-effects and prosthetics departments. The acquisition will sustain 1,500 jobs and create 300 more. Tags: NULL KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼ Sunday 7 November 2010 8:30 pm whatsapp WARNER?BROS FALLS?FOR?POTTER?MAGIC 
Persimmon wary as UK housing market struggles Monday 15 November 2010 8:28 pm whatsapp HOUSEBUILDER Persimmon warned yesterday that the housing market remained flat throughout autumn, with a lack of available mortgages and mounting consumer worries stunting sales. Persimmon, which posted a 27 per cent jump in annual revenue in August, said it has reached sales targets for the year and has homes worth £460m reserved for 2011. However, reservations are eight per cent below the same time last year, and the company said the expected spring rush will be a crucial indicator for the state of the market. The company admitted it had not experienced a boom in autumn, a traditionally busy time as potential buyers return from summer breaks. “Mortgage availability remains a major obstacle for customers,” the firm said in a trading update. Persimmon added it expected to complete 9,400 homes this year, a five per cent rise on last year.The business added its sales are expected to rise 10 per cent this year. The firm said its core margins are expected to double in 2010 to eight per cent. It will reduce its borrowings to less than £80m by the end of the year, which is £20m ahead of its previous guidance. Shares closed down 0.8 per cent up at 357p yesterday. More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org KCS-content Share Show Comments ▼ whatsapp Tags: NULL
Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap SPANISH construction company ACS said yesterday it hoped to start talks with Hochtief as soon as possible after its German rival said it was open for dialogue.ACS has not sat down for talks with Hochtief despite launching a formal bid for control of Hochtief on 1 December.“We welcome that Hochtief responds positively to our offer for talks which we have made several times over the past couple of months,” a spokeswoman for ACS said yesterday.“We expect talks to begin as soon as possible. It will be crucial for both parties to treat the talks with utmost confidentiality.”Asked whether there is a date for talks, a Hochtief spokeswoman said, “We are currently concentrating on our [regulatory] statement to shareholders.”As part of German takeover rules, the management and supervisory board must make a formal recommendation to shareholders whether or not to accept a takeover offer. A statement is expected this week.Hochtief said this weekend it does not regard the takeover bid by ACS as hostile and will agree to talks with them “as a shareholder”. KCS-content Share ACS keen to start talks with Hochtief whatsapp Sunday 12 December 2010 10:29 pm Show Comments ▼ whatsapp Tags: NULL
Share NEW York Mayor Michael Bloomberg yesterday fiercely denied rumours he would run as an independent for the US presidency.Asked if he would fight for the US top job, the 68-year-old mogul said, “no way, no how”.Appearing on NBC’s television show “Meet the Press”, Bloomberg said he intends to remain focused on being mayor, and that those urging him to seek the presidency “should cease and desist”.“The bottom line is that I’ve got a great job,” Bloomberg said.“I want to go out being, having a reputation, as a very good, maybe the greatest mayor ever.“I’m not going to run for president,” Bloomberg said.But he said he will continue to speak out on national issues that impact New York, such as immigration, federal regulation and US trade.A multibillionaire and founder of the Bloomberg news media empire, Bloomberg is a former Democrat turned Republican turned independent. He is in his third term as mayor of New York, with his current term not ending until 2014.While some of Bloomberg’s backers have urged him to run, Bloomberg attributed the talk to press rumours. Sunday 12 December 2010 11:26 pm KCS-content whatsapp Tags: NULL
by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGem Bloomberg: I will not run Show Comments ▼ More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comConnecticut man dies after crashing Harley into live bearnypost.com whatsapp
BEST OF THE BROKERS Tags: NULL BARCLAYS BANKDeutsche Bank rates the bank “buy” with a target price of 372p. The researchers see potential for a restructuring programme under new management, or at least a stripping out of undervalued capital. However, the broker has cut its target price from 395p and earnings per share estimates by four to six per cent for the next two years.PUNCH TAVERNSNumis rates the pub chain “buy” with a target price of 100p. The broker expects the firm’s interim results due on Friday to concentrate on operational performance, with like-for-like sales set to rise by two per cent, slightly lower than last year because of the weather. Numis also predicts disposal rates for failing pubs to have halved.CAPITA GROUPEvolution Securities rates the outsourcing group “sell” with a fair value price of 660p. The broker thinks Capita can benefit from the government’s new localism bill, which raises the prospects for increased outsourcing. It adds that Capita’s acquisition of iSoft this week will add around one per cent to operating profit this year. whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com KCS-content whatsapp Tuesday 14 December 2010 8:28 pm Share Show Comments ▼
alison.lock Show Comments ▼ Tags: NULL CONSUMER confidence and retail sales picked up in November and December, according to new data from surveys and retailers – but researchers are divided on whether the high will last.Research group Markit found 41 per cent of households it surveyed had spent more money this month than in December last year, and just 20 per cent had spent less.The results were echoed in the John Lewis Partnership’s weekly sales data, which showed the department store’s sales up seven per cent year-on-year to just over £120.3m, its second-highest level this year after the previous week’s take of £121m.Sales were boosted by home furnishings to entertain guests; outerwear due to the cold weather, and gifts, the group said.Waitrose’s sales were also up seven per cent to £131m, it said.Brokerage house Execution Noble also published its Spend Trend survey of consumers, which showed consumer confidence rising significantly in November.Its consumer confidence index rose 11 points – though the index still stands at the lowest level since February 2009. Despite the low score, Execution Noble believes confidence will remain strong as it believes people’s expectations of public sector redundancies are overblown and consumers are already braced for a financially difficult 2011.“We see potential for a relief bounce amongst public sector workers which should drive further improvements in consumer confidence,” the report said.But the VAT rise to 20 per cent from January could dampen confidence and further erode household finances, the Markit survey showed.It found that about 42 per cent of households expected their finances to worsen, while just 21 per cent expected an improvement.
“People have seen their spending power gradually eroded by stubbornly high inflation throughout the year and little in the way of income growth to compensate for this,” said Markit economist Tim Moore.
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by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition whatsapp Monday 20 December 2010 5:31 am Consumer confidence on the up, surveys show 