Edition:
India

Carolyn Cohn

RPT-Unregulated firm Financial.org closes, investors say accounts frozen

09 Sep 2019

LONDON, Sept 6 Unregulated British firm Financial.org has closed down, according to a notice on its website, and four investors said their accounts had been frozen.

Unregulated firm Financial.org closes, investors say accounts frozen

06 Sep 2019

LONDON Unregulated British firm Financial.org has closed down, according to a notice on its website, and four investors said their accounts had been frozen.

Woodford listed fund gets 'greater flexibility' for Northern Trust loan

06 Sep 2019

LONDON Woodford Patient Capital Trust (WPCT) , the only listed trust run by Neil Woodford, said on Friday it had agreed greater borrowing flexibility with its lender Northern Trust as its works on selling some assets.

UPDATE 2-U.S.-China trade spat "material" for fund manager Ashmore -CFO

06 Sep 2019

* Adjusted EBITDA rises 10% to 201.8 mln pounds, shares up (Recasts with CFO comments on emerging markets, adds shares)

Brexit hurts Just Group's mortgage sales, shares drop

04 Sep 2019

LONDON Brexit uncertainty is cutting demand for insurer Just Group's mortgage products, its interim chief executive said on Wednesday, as the firm posted a 27% fall in operating profit and said it would not pay a dividend, sending its shares lower.

Catastrophes set to drive 2020 reinsurance rates higher

03 Sep 2019

LONDON Big insurance losses from hurricanes, wildfires and other natural disasters over the past two years are set to push reinsurance renewal rates higher in January, ratings agencies said.

Woodford listed fund hits record low on valuation cut

23 Aug 2019

LONDON Shares in Woodford Capital Patient Trust , the listed fund run by money manager Neil Woodford, hit a record low on Friday after the trust's administrator said it would cut the valuation of one of its biggest holdings.

Legal & General plans rival product to compete with new pension superfunds

23 Aug 2019

LONDON UK insurer Legal & General aims to take on incoming pension superfunds with a similar product of its own to bolster corporate retirement schemes, a company executive told Reuters.

Woodford struggles to build bridges with UK financial advisers

23 Aug 2019

LONDON With his flagship 3.7 billion pound fund frozen, money manager Neil Woodford has been travelling around Britain trying to convince independent financial advisers (IFAs) his firm remains a good long-term bet.

Woodford struggles to build bridges with UK financial advisers

23 Aug 2019

LONDON, Aug 23 With his flagship 3.7 billion pound ($4.5 billion) fund frozen, money manager Neil Woodford has been travelling around Britain trying to convince independent financial advisers (IFAs) his firm remains a good long-term bet.

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