Markets mask leader-laggard separation in Q3

UK-listed wealth managers enjoyed a big boost from markets in Q3. But when it comes to attracting & retaining client money, some are flying, some are…

Oct 23 • 

Paul Bryant

PensionBee looking on track

Strong customer growth, efficient marketing spend, US close to being 'fully live'

Oct 22 • 

Paul Bryant

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1

Jupiter jumping. Liontrust limping. Why?

After a rough few years for both stocks, Jupiter has bounced, Liontrust hasn't. What's behind recent moves? Can Jupiter run further? Can Liontrust…

Oct 13 • 

Paul Bryant

1

All eyes on Wealth Managers' Q3 flows

Markets have provided a solid tailwind in Q3 (expect a 5-6% contribution to AUM). Net flows will show us who's winning the battle for clients' capital.

Oct 5 • 

Paul Bryant

1

September 2025

Is that chink of light an investment opportunity?

The state of play of UK-listed asset managers. Part 2: valuation, financials, strategic moves

Sep 8 • 

Paul Bryant

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August 2025

Is that a chink of light?

A look back at UK-listed asset managers' H1-25 & a look forward to H2 and beyond. Part 1: The (confusing) AUM picture.

Aug 28 • 

Paul Bryant

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July 2025

Mercia: it won’t take long to see who's right

Share price heavily discounts on-balance-sheet investments. Mercia intends to sell most of them within 2 years. It won’t take long to see who's right.

Jul 3 • 

Paul Bryant

1

1

June 2025

Strong growth at Tatton: profit +24%, dividend +19%

Another exceptionally strong year. Financial advisers continue to outsource investment management to this market leader. Their confidence in Tatton…

Jun 10 • 

Paul Bryant

Tough H1 for Impax, but shares look detached from fundamentals

Impax is hardly the disaster implied by its share price, which is down 31% over six months and 68% over 12 - a forward PE of just 8.5 for a business…

Jun 9 • 

Paul Bryant

1

May 2025

Wealth managers' Q1 flows hold up

Amidst tariff worries and US market falls, UK investors just kept on feeding those ISAs and SIPPs. But try telling that to shareholders!

May 8 • 

Paul Bryant

1

April 2025

Polar flows hold up amidst heavy sector outflows

AUM hit by market falls, but Polar's net flows look strong in what is looking like an awful quarter for active asset managers

Apr 15 • 

Paul Bryant

2

Tatton keeps on sprinting

Record inflows (again), so impressive given markets

Apr 15 • 

Paul Bryant