Asset manager shares hit as investor fears intensify

All European markets down

Price falls in financial stocks and ITV are weighing on the FTSE 100 index in today's trading, as investor nervousness continues to hit markets.

Financials were among the worst performers on the UK's blue-chip index in mid-afternoon trading, as investors continue to panic over global growth and the impact of negative interest rates. SVM's Veitch: UK financials are safer holdings than ever before Hargreaves Lansdown, the London Stock Exchange and HSBC were all trading lower this afternoon, by 4.7%, 4.4% and 3.1%, respectively. Asset management groups were also hit, with St James's Place down 3.8% at 33.5p, Aberdeen Asset Management trading 3.3% lower at 235p, and Schroders falling 3.7% to £24.51. DFMs warn against panic se...