03/11/2021
Generali see stronger year ahead after profit hit
Operating profit rose 0.3% to EUR5.21 billion, as growing results in property and casualty and asset management offset a decline in the life segment.
Alternative Investments
03/10/2021
NIB joins EBRD and Baltic central banks to develop commercial paper market
A Memorandum of Understanding sets out the principles of cooperation to develop a deeper and more efficient regional CP market in line with the best practices outlined in the “Short-Term European Paper” by the European Central Bank (ECB).
03/10/2021
Standard Life Aberdeen and M&G see fee income drop in 2020
Bosses at both firms remain upbeat despite challenging operational environment
03/10/2021
Brighton IFA secures PE backing in £55M Deal
EMC Corporate Finance introduced the deal to Sovereign.
03/10/2021
SLA confirms Parmenion sale
It is one of the first major moves from SLA chief executive Stephen Bird since he took over the running of the asset manager from its founder Martin Gilbert who bought Parmenion back in 2015.
03/10/2021
iM Global Is Buying U.S. Asset Manager Litman Gregory
The acquisition of the $6.2 billion firm is part of Paris-based iM Global’s U.S. expansion plans.
03/09/2021
James Hay to ‘address’ Nucleus staff concerns over £145m deal
They fear there will be a large number of jobs losses after it completes
03/09/2021
Girls just want to have funds: Fund buyers celebrate 10 female stars of asset management
AJ Bell, GDIM, EQ Investors, Square Mile, Waverton, Tyndall and II highlight their top female managers
03/09/2021
Collapse of Greensill Capital sends shockwaves through financial and industrial circles
Greensill had put a shadow banking spin on the traditional business practice of factoring
03/09/2021
Hausinvest classified as a sustainable fund
In November 2020 the ratings agency Scope had already attested in an analysis that Hausinvest was the only open-ended real estate fund to date that was compliant in the ESG area (environmental, social, governance).
03/09/2021
EBRD lends €10 million to Intesa Sanpaolo Banka d.d. BiH
The new credit line addresses growing demand and is an extension of a €15 million mortgage line approved in July 2019.
03/09/2021
SLA's 1825 takes hit from market falls
The two businesses also achieved organic growth in terms of new clients.
03/09/2021
Cazenove Capital announces a strong set of results for 2020
Cazenove Capital is pleased to announce a strong set of results for 2020 with a post-tax profit increase of 11%.
03/09/2021
Albion Capital Group sees record demand in VCT top-up fundraisings
The new funds increase the investment manager's VCT funds under management to roughly £500mln
03/09/2021
ii view: M&G pays big dividend even as profits slump
2020 was a tough start for this former Pru business. We assess prospects for 2021.
03/09/2021
Profile: ‘Clients need to feel they can ask you anything’
Sovereign Wealth’s Sheena Doherty on eliminating jargon and embedding good financial behaviour in the masses
03/09/2021
Standard Life Aberdeen sees profits fall on the back of lower 2020 revenue
Chief executive explains that the group has reached a reset point, refocusing on certain lines of business
03/09/2021
Video advice cut our carbon emissions by 80%, says M&G
The firm says it is still looking to make PruFund available on the M&G Wealth platform after buying Ascentric, which already brought £15.5bn of new assets, as well as 95,000 new customers and relationships with more than 4,000 advisers.
03/09/2021
UK firms must prepare for IFPR now
The UK regime, called IFPR, will come into effect on January 1 2022
03/08/2021
Three in five financial planners looking to sell
But the survey also found that selling a business a number of years before retirement was popular