08/04/2023
Swiss Re reports a net income of USD 1.4 billion for the first half of 2023
Net premiums earned and fee income for the Group increased 4.4% to USD 22.1 billion, compared with USD 21.2 billion for the same period last year.
Alternative Investments
08/04/2023
Home REIT sells 40 properties for 60% average loss
1.6% portfolio by number
08/04/2023
Royal London pre-tax profit up 16% in H1
This increase was attributed by Royal London to a growth in workplace pensions new business contribution and higher risk free rates which increased the expected returns on assets.
08/03/2023
Iveco raises estimates after strong half-year growth
Pre-tax profit rose to EUR245 million from EUR72 million while operating profit increased to EUR245 million from EUR134 million.
08/03/2023
Monument Re transacts with Federale Verzekering
Monument Re Limited is a life insurance reinsurer and insurance holding company which acquires capital-intensive European portfolios.
08/03/2023
Schroders appointed manager of International Biotechnology Trust plc
There are also no plans to change the Company’s discount and premium management policy or Company strategy.
08/03/2023
Ardonagh swoops for Dutch broker
Acquisition is a move to continue building a local powerhouse, CEO says
08/03/2023
Calastone: UK investors shun stocks despite global rally
Fixed income still preferred
08/03/2023
Link Fund Solutions sale edges closer to completion after key condition satisfied
Acquisition by Waystone Group
08/02/2023
Golding announces first closing of its current secondaries fund at over 170 million euros
Golding continues its successful secondaries strategy in the small- and mid-cap buyout secondaries segment
08/02/2023
Bestinvest launches £250 monthly prize draw for regular savers
Investors setting up monthly savings of £50 or more will automatically enter the raffle and get on track to hit their financial goals
08/02/2023
Wren Sterling acquires Cornwall Planner
Wren Sterling has already added several acquisitions this year.
08/02/2023
Most IFAs feel their business is undervalued by potential acquirers
Retiring advisers ‘must proactively seek opportunities that align with the true worth of their company’
08/01/2023
Embark rebrands as Scottish Widows Platform
It comes as part of £150mn investment into the platform from Lloyds Banking Group.
08/01/2023
Atlantic House launches fixed income fund to profit from rising inflation
Targeting multi-asset investors
08/01/2023
Man Group pre-tax profits drop sharply on lower performance fee revenue
AUM up to record $151.7bn
07/31/2023
Link Fund Solutions appoints PwC to advise on £235m Woodford redress scheme
Further details of the compensation scheme expected to be announced in September
07/31/2023
Surprise! A once-in-a-decade chance to turn £30K into ultra-high-yield passive income
Yet many UK shares are priced as if that isn’t the case, with ultra-high yields now the norm across many sectors.
07/31/2023
Copia Capital Management launches retirement portfolios
They will be available across 17 platforms
07/31/2023
Marlborough buys stake in UK advice firm
The independent status of the IFA company will not be affected by the investment