Miner Anglo American led the fallers with shares closing down 5.0%, followed by Rentokil and Pershing Square Holdings, down 4.95% and 4.0%, respectively. It could also be related to concerns over softer trading and a drop in secondary market prices, they say. Rolex represents around 50% of the luxury-watch retailer's revenue, and the U.K. represents around 55% of group revenue, they say. (sabela.ojea@wsj.com; @sabelaojeaguix)---Traditional U.K. Asset Managers Lack Investment Appeal1113 GMT - There is no strong case to own any traditional asset managers, Numis Securities says. It maintains hold recommendations on abrdn, AssetCo, Jupiter, Liontrust, Man Group and Polar Capital and 'reduce' ratings on Ninety One and Schroders.

Source: Wall Street Journal January 03, 2024 17:13 UTC