08/16/2023
Equity release cases have ‘rapidly increased’ in past year
The company attributed this rise to increased interest rates.
Alternative Investments
08/15/2023
WisdomTree adds three ETPs to Short and Leveraged ETP range
ETF issuer has launched three short and leveraged ETPs, covering French equities and European banks.
08/15/2023
UK employment falls as wages rise at record rate
UK wage growth
08/15/2023
LGIM suffers more LDI pain with another £20bn outflow
Money poured out of LGIM’s Solutions business, causing profits to drop by a third in H1.
08/15/2023
Hope grows for UK equity research revival after Mifid rollback
Fund managers and research firms wonder if the rule change can reverse the dire situation for smaller companies, along with Jeremy Hunt’s wider Mansion House reforms.
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