08/21/2023
Aviva chief calls for extension of cap on fire-safety costs to England’s low-rises
Thousands of leaseholders in blocks of flats under 11 metres face bills to replace cladding six years after Grenfell disaster
Alternative Investments
08/21/2023
London-focused challenger Cynergy Bank secures £20m funding boost
It was launched in 2018 after the Bank of Cyprus spun out its UK operation in a £103m deal to the Cynergy consortium.
08/21/2023
Canada Life reports record-breaking annuity sales
It added that this has driven demand from customers for guaranteed income products.
08/18/2023
World’s largest SWF's half-year returns powered by big AI bets
Norges Bank Investment Management’s interim report shows a strong weighting to technology has reversed 2022 downturns, but it called for the regulation of artificial intelligence.
08/18/2023
Columbia Threadneedle UK equity head defends income strategy amid outflows
Jeremy Smith says Richard Colwell’s retirement is not to blame for investors pulling money.
08/18/2023
Ascot Lloyd sees 2022 revenue increase amidst ‘volatile market environment’
Total funds under management for 2022 were down £200m to £9.6bn.
08/17/2023
Aegon reports first half 2023 results
Operating result increases by 3% compared with the first half of 2022 to EUR 818 million
08/17/2023
Deutsche Bank MD quits for London infra fund paying $236k average
Even though some infrastructure investors, such as Macquarie, have come under fire for very visibly debacles under their purview, infrastructure is still a great place to be, apparently.
08/17/2023
JP Morgan launches duo of actively-managed Article 9 ETFs
Part of the £5.5bn Research Enhanced Index platform
08/16/2023
Later life adviser platform rolls out annuity referral system
It is ‘vital that advisers have a wide range of solutions for their clients’
08/16/2023
Norway wealth fund posts $143 bln profit as AI surge lifts tech
The fund's overall return, however, was 0.23 percentage point less than the return on the benchmark index.
08/16/2023
European stocks waver on China woes, US rate concerns
While European markets slid on opening, they began to recover following the release of UK inflation data showing it dipped to a 15-month low.
08/16/2023
UK’s biggest pension is worth £11m
RBC Brewin Dolphin calculates that someone looking for a comfortable retirement requires at least £37,300 per annum to live on.
08/16/2023
Lansdowne Partners completes acquisition of CRUX Asset Management
New manager for CRUX European equity funds
08/16/2023
Britons’ Love Affair with Global Equity Funds
Since 2015 global funds have enjoyed a net inflow of £51.3bn, while all other geographical categories taken together have seen just £909m of new capital.
08/16/2023
Aviva plc 2023 interim results announcement
Strong first half with profitable growth momentum across the Group
08/16/2023
UK pension proposal tips for trustee boards and advisers
Invest time up front to think through holistically what you’re looking for from a service provider.
08/16/2023
Equity release cases have ‘rapidly increased’ in past year
The company attributed this rise to increased interest rates.
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