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Alternative Investments

08/14/2023

Building society transfers financial planning service to UK pension firm

With employees directly supporting the service also being transferred

08/14/2023

TISE announces Blue Diamond as first private market client

Blue Diamond Limited becomes the first company to join TISE Private Markets.

08/11/2023

Odey Asset Management fund ends bet against UK government bonds

"Government bond exposure has been taken to zero," the letter signed by Neave said.

08/11/2023

M&G closes absolute return bond fund after 'investor appetite decline'

The investment manager closed the fund in July after admitting it was no longer commercially viable.

08/10/2023

Scottish Widows Platform partners with Origo to 'save advisers time'

The Scottish Widows Platform is now live for bulk valuations via the Origo Integration Hub with the majority of CRM solutions, including Benchmark, Wealthcraft and Moneyinfo.

08/10/2023

UK financial advice group enters administration

With all assets transferred to its sister company

08/10/2023

Aegon UK announces extended strategic partnership with Nationwide Building Society

The extended strategic partnership will reshape the current relationship to play to both organisations’ strengths and provide a smooth transition for customers.

08/10/2023

Allianz increases operating profit by 7.1% to 3.8 billion euros

Our solid growth is a clear reflection of our customers’ continued trust in us

08/09/2023

Private equity trust discounts ease most among alternatives in H1

3i Group tops private equity

08/08/2023

Fund manager abrdn's assets hit by market volatility, shares dive

Analysts on average expected AUMA of 500 billion pounds for the period, according to company-compiled estimates.

08/08/2023

NatWest Trustee and Depositary Services appointed UK depositary for Tenzing

Tenzing specialises in supporting market leaders and challenger businesses to transform companies into disruptors and international powerhouses within their markets.

08/08/2023

Aviva expands underwriting appetite to include engineered timber for commercial buildings

This follows a successful pilot, which saw the UK’s largest insurer working with a handful of developers on sustainable building projects.

08/07/2023

Orbital secures £5m for crypto banking push

Digital ledger technology (DLT) and digital assets are becoming an increasingly prominent feature of the financial services landscape.

08/07/2023

Baillie Gifford manager on why he sold Tesla but retains SpaceX

Space X is presently the second largest holding in Brodie’s Edinburgh Worldwide investment trust.

08/07/2023

Bank of America upgrades St James's Place to 'Buy' after share plunge

Attractive entry point for 'quality' franchise

08/07/2023

Four-fifths of DB pension trustees expected to approach insurer in next five years

With 36% expected to approach one within the next year

08/07/2023

Parmenion platform integrates data tools to improve adviser reporting

Fastrak and FINIO will give advisers access to data about their clients’ investments

08/07/2023

SiriusPoint signs partnership with UK MGU

SiriusPoint said the partnership will be primarily focused on UK property casualty insurance business.

08/04/2023

A positive first half of the year with £6 billion invested into funds

This impacted on sales to tracker funds which dipped to £272 million inflows. 

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.

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