07/14/2022
Swiss start up investments soar 50% to record high but boom market may not last
The top fundraiser in the time period was Climeworks, which offers air capture technology.
Alternative Investments
07/14/2022
CaixaBank named Best Bank in Spain 2022 and Western Europe’s Best Bank for Corporate Responsibility 2022 by Euromoney
New international accolades for CaixaBank’s social commitment and leadership
07/14/2022
Rothschild hikes junior banker pay for third time to keep pace with larger rivals
Most banks have raised pay twice, but Rothschild has increased salaries for a third time in a year
07/14/2022
Border to Coast commits final investments in first £5.7bn private markets programme
Border to Coast said it had “successfully secured a diverse range of new investment opportunities” for its LGPS partner funds, adding that it had achieved a roughy 24% reduction in fees.
07/13/2022
HSBC and Mount Street Group win £50 billion mandate from Aviva Investors
London-based Aviva Investors had £268 billion of assets under management as of end-2021.
07/13/2022
AXA IM Alts joins forces with fintech platform iCapital
As part of the partnership, AXA IM Alts products will also be made available on Allfunds, which is a strategic partner of iCapital.
07/13/2022
IQ-EQ welcomes tenth client to Launchpad programme
Our interactions with these inspiring clients are pushing us to constantly improve and build upon our Launchpad programme.
07/12/2022
Transact to launch own MPS with BlackRock
Transact is not the only platform operator getting in on the action.
07/12/2022
Aviva Investors appoints HSBC and Mount Street to £50bn real assets unit
Aviva Investors selected HSBC and Mount Street following a competitive process and Aviva Investors said the partnership will lead to further automation of the firm's administration.
07/12/2022
EBRD to invest in Lamda’s green bond in Greece
The proceeds of the bond issue will fund sustainability elements of The Ellinikon, including green buildings and infrastructure, green energy and smart-city technologies.
07/12/2022
Wealth Wizards develops financial wellbeing application for Royal London
Once complete customers are presented with a health check score and a personalised dashboard highlighting both areas of strength, as well as opportunities for improvement
07/11/2022
EIB and CDP sign three deals to promote public and private investment in Italy
The goal is to promote public and private investment in Italy, improve the selection and financing of green projects and trigger over €1 billion in new financing for public entities, particularly in the south.
07/11/2022
Progeny purchases Scottish financial planning firm
Progeny first entered the Scottish market with the acquisition of fellow Edinburgh-based firm, Innovate Financial Services, in February 2019.
07/11/2022
Cinven announces final close of its inaugural Strategic Financials Fund
The SFF is focused on investing in companies with long term track records of consistent growth and cash generation across a broad spectrum of the European financial services sector, drawing on Cinven’s extensive network of relationships, origination
07/08/2022
£6.4bn withdrawn from UK funds since June 2021
Thirteenth month of outflows
07/08/2022
DWP fails to end transfer ‘war’ between PensionBee and providers
The providers argued that the wording of the relevant regulations explicitly mention incentives to transfer — such as PensionBee’s “refer a friend” scheme — as a reason to raise “red flags”, which means a statutor
07/08/2022
Halifax House Price Index: House price growth defies cost-of-living squeeze
House prices increased by 1.8% in June, the twelfth consecutive monthly rise
07/08/2022
Business groups call for stability as Johnson resigns
Some MPs and business leaders suggested he should go sooner rather than later to allow a new administration to try to tackle the sharpest rise in the cost of living for 40 years, which millions of UK households are struggling with.
07/06/2022
Fund H1 2022 performance review – just 6% of investment funds make positive return in first half of the year
For a small number of funds, it proved to be a good start to the year, especially for those with energy exposure, who filled the top five positions and eight of the top 10.
07/06/2022
Wren Sterling Announces Acquisition of Critchleys Financial Planning LLP
Second acquisition announced since investment by Lightyear Capital as Wren Sterling accelerates its growth strategy