03/03/2022
Aviva-Succession deal signals ‘substantial uplift’ for IFA valuations
“To lock in that sort of multiple which shows substantial uplift over the last three of four years is great,” said Smith
Alternative Investments
03/03/2022
Fidelity International stops investing in Russia and Belarus
According to data from Morningstar, Fidelity International manages two funds accessible to UK investors with an equity exposure to Russia of at least 30%.
03/03/2022
NatWest Trustee and Depositary Services supports Beechbrook Capital Fund
The vehicle has attracted investment through its strategic focus of supporting UK SMEs and stimulating growth of a business segment critical to the UK’s financial recovery from the pandemic.
03/03/2022
UK investors pull £642m out of funds in January
Global and money market funds investor haven
03/03/2022
Square Mile removes Liontrust, CRUX and R&M AA ratings in latest round-up
Three ratings added
03/02/2022
Pandemic slows urbanization and boosts market for second homes
Credit Suisse publishes its ”Swiss Real Estate Market 2022” study
03/02/2022
CommerzVentures closes €300m third fund
With a focus on climate fintech, CommerzVentures is committing to arrange and fund high-quality carbon offsets for portfolio companies in the first year of partnership.
03/02/2022
Baillie Gifford’s £30bn problem
The concentrated nature of the Baillie Gifford investment process
03/02/2022
WisdomTree targets post-Covid recovery with four sector-focused ETPs
Exposure to STOXX Europe 600
03/01/2022
Will sanctions chill London property?
A multi-pronged oligarch crackdown looks set to shift, rather than shake, the capital’s luxury real estate market
03/01/2022
How Russia’s attack on Ukraine blindsided investors
Plus, Terry Smith’s woes, Russia’s key role in commodities markets and Picasso portraits
03/01/2022
DIY impact investing on the rise
Dominic Rowles, lead ESG analyst at Hargreaves Lansdown, says that any investment in impact funds should form part of a well-diversified portfolio.
02/28/2022
AssetCo acquires Edinburgh-based fund manager for £2.8mn
AssetCo said its board believed there were “significant opportunities” to enhance the distribution and appeal of the UK dynamic fund and to widen the funds offered by the company.
02/28/2022
Franklin Templeton launches Shariah-compliant tech fund
Asset manager strengthens specialist investment opportunities with new strategy for manager who runs existing $10.5bn strategy.
02/25/2022
Jupiter CEO rules out M&A as profits rise
Overall, the group suffered net outflows of £3.8bn despite gross inflows of £16.5bn.
02/25/2022
Jupiter suffers £3.8bn of net outflows in 2021 despite AUM increase
The company noted that strong investment performance in rising markets enabled it to benefit from market returns in excess of these flows, at £5.6bn.
02/25/2022
Allfunds sees 37% increase in year-on-year revenues
Regarding the appointment of Perera, Alcaraz said: “Allfunds is committed to identifying and growing talent internally and Álvaro is a true testament to this."
02/24/2022
Vanguard unveils digital investment service in Germany
Savers ‘for too long, have been poorly served with high-cost, complex’ products
02/24/2022
Munich Re forecasts 2022 profit lift after pandemic rebound
For the current year, Munich Re forecasts profit of 3.3 billion euros.
02/24/2022
LV: We’ll always see a role for the adviser
LV has its own adviser, which Bolton said it will “continue to develop” though it is ultimately “small in the grand scheme of things”.