Charles Stanley & Co

Britain votes to leave the European Union

Ambitious restructure of business

Worked as executive director

Funds under management fall

A triple deserving of a closer look, according to the investment team at Charles Stanley

Managers stand firm as panic-selling continues

Charles Stanley is to raise £15.8m through a share placing as part of plans to "modernise" and refocus the business following a strategic review.

Charles Stanley chief executive Sir David Howard is to step down following new European Union (EU) rules demanding firms separate the roles of CEO and chairman.

Investors in Charles Stanley saw the value of their shares plummet by more than 10% this morning after the firm issued a profit warning.

As a less daunting new breed of fund-of-funds comes to the fore, Charles Stanley’s Kris Barclay examines the pros and cons of their underlying strategies.