Archives for 2022
Man, 61, guilty of role in £13.7m pension transfer fraud
A 61-year-old man involved in a £13.7m pension transfer fraud changed his plea to guilty today at Southwark Crown Court. Alan Barratt, 61 of Brooklands, Burnham Road, Althorne, Essex, had previously pleaded not guilty to a charge of fraud by abuse of position at a previous hearing. He was prosecuted, along with others, by […]
Guiness AM launches new brand and name
Guinness Asset Management has launched a new name and brand today. The company’s logo and website have also been revamped. The equity fund management activity of Guinness will now be called Guinness Global Investors to reflect the global nature of the firm’s investments and clients. The firm says its equity fund management activity has global, […]
Guiness AM launches new brand and name
Guinness Asset Management has launched a new name and brand today. The company’s logo and website have also been revamped. The equity fund management activity of Guinness will now be called Guinness Global Investors to reflect the global nature of the firm’s investments and clients. The firm says its equity fund management activity has global, […]
JO Hambro reopens UK fund closed for 8 years
Fund manager JO Hambro Capital Management has re-opened two funds, including one closed to new investors in 2013. JOHCM’s UK Dynamic fund and UK Equity Income fund were previously only available to existing investors. The large funds, while closed to new investors, continued to be actively managed for existing investors. The JOHCM UK Dynamic fund was […]
Net flows improve for Brooks Macdonald
Net flows continued to improve for wealth manager Brooks Macdonald in the second quarter which ended on 31 December. Annualised net flows were 4.7% for the quarter. This compares with a rise of 3.1% in the first quarter and a drop of 2% for the financial year ending 30 June 2021. Total group funds under […]
AIC wants FCA to introduce ‘high bar’ for ESG funds
The Association of Investment Companies has called on the FCA to set demanding standards for funds that call themselves sustainable or make ESG claims. The AIC said the move would help prevent ‘greenwashing’ – bogus claims about the green credentials of investments. It said that too many ESG claims do not stand up to scrutiny […]
How is Omicron affecting Australian businesses?
The new wave of COVID-19 variant Omicron is currently in full swing across the country. We’re now beginning to see the knock-on effects this case explosion is having on the Australian business community. Let’s unpack some of the major effects the rapid spread of Omicron is having on the economy and businesses at large. Staff […]
How is Omicron affecting Australian businesses?
The new wave of COVID-19 variant Omicron is currently in full swing across the country. We’re now beginning to see the knock-on effects this case explosion is having on the Australian business community. Let’s unpack some of the major effects the rapid spread of Omicron is having on the economy and businesses at large. Staff […]
How to Record a Cost of Goods Sold Journal Entry 101
As a business owner, you may know the definition of cost of goods sold (COGS). But do you know how to record a cost of goods sold journal entry in your books? Get the 411 on how to record a COGS journal entry in your books (including a few how-to examples!). What is COGS accounting? […]