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M&G hit by £21bn asset drop but wealth flows rise

Fund manager and wealth manager M&G has reported a £21.1bn drop in assets under management and administration to £348.9bn for the first half of 2022.

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Profits rise 75% for Abrdn advice arm

Profits for Abrdn’s advice arm rose 75% year-on-year in the first half of 2022 despite significant losses in the parent business.

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Revenue growth slows for Fintel but profits rise

Total revenue for fintech and support services firm Fintel grew 2% to £32.3m (HY21: £24.9m) for the half year ended 30 June.

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Advised customers rise 16% for AJ Bell

The number of advised customers at investment platform AJ Bell have risen 16% over the past year.

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