LONDON (Alliance News) - Charlemagne Capital Ltd Tuesday said the assets it manages declined in the first quarter, as increases in its Magna and Specialist product ranges were more than offset by declines in its OCCO and Institutional product ranges. In a statement, Charlemagne Capital said
Read moreLONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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CREDIT SUISSE CUTS HSBC TO 'UNDERPERFORM' ('OUTPERFORM,') - PRICE TARGET 580 (780) PENCE
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Afren: Canaccord Genuity lowers target price from 185p to 180p and stays with its buy recommendation. Antofagasta: Westhouse Securities reduces target price from 1060p to 985p staying with its buy recommendation. Credit Suisse downgrades from neutral to underperform with a target price of 750p. JP
Read moreLONDON (Alliance News) - Emerging markets-focused asset manager Charlemagne Capital Ltd Tuesday reported an increase in annual pretax profit and assets management after it managed to stave off concerns about emerging markets. The assets under Charlemagne's management grew to USD2.73 billion
Read moreLONDON (Alliance News) - Charlemagne Capital Ltd Tuesday said the assets it manages for clients were up 3.8% over its last financial year, bolstered by strong fourth-quarter net inflows, resulting in higher net management and performance fees. In a trading update ahead of its results for th
Read moreEmerging markets focused investment group Charlemagne Capital warned that declines in assets under management (AuM) in the first half must be reversed for it to generate continuing profit. The AIM-listed asset manager saw AuM retreat 8.1% to $2.4bn between the start of the year and June 30th, lea
Read moreAberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreAmara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
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