interim results

Brooks Macdonald has seen an increase in its funds under management over its financial third quarter, driven by new discretionary business.

Aegon UK posted a 37% increase in earnings in the fourth quarter of last year, compared with the same period in the year before, citing increased demand for income drawdown on its platform.

Smith & Williamson posted record profits for the six months to 31 October last year, helped by the performance of its investment management division.

Royal Dutch Shell is planning to slash its spending by $15bn over the next three years, following a collapse in the oil price.

Apple has reported the largest quarterly earnings in corporate history, with net profit rising to $18bn in the three months to December.

Rathbone Unit Trust Management saw its eighth consecutive quarter of net inflows in Q3 as funds under management continued to grow.

Henderson has reported net outflows of £2.1bn in the first half of 2012 as second quarter retail outflows hit AUM amid difficult markets.

Man Group was the biggest winner in early trading in London, with its shares up 10.2% to 76.20p.

Aberdeen Asset Management has seen assets under management fall in the second quarter of 2012, after it deliberately curbed inflows into some of its most popular emerging market equity funds.

Jupiter has revealed pre-tax profits more than doubled in the first six months of 2011 as AUM stood firm in the face of choppy markets.