08/17/2021
Stake was acquired from BaltCap Private Equity Fund II. Financing for the transaction in the amount of above €20mn was provided by Luminor, the third-largest provider of financial services in the Baltics.
08/17/2021
Sky News reported an agreement had been reached with the UK’s largest private retirement scheme to transfer the 29.5% stake following a valuation by professional services firm Duff & Phelps.
08/17/2021
The transaction is subject to closing conditions, including receipt of regulatory approvals, and is expected to close by Q4 2021.
08/17/2021
Throughout the pandemic investment trusts have proven resilient.
08/16/2021
The new firm will focus on the fintech and financial services sector in Europe and the US
08/16/2021
In the world of finance, structured products are probably not the most popular among ordinary investors.
08/16/2021
The two companies already share a number of clients, who will be supported by a broader set of integrated cross-border services post-merger.
08/12/2021
Aviva agrees five-year extension to partnership with Connells Group
08/12/2021
Aviva sees record adviser platform sales
Savings and retirement net flows were up 24 per cent, benefiting from strong performance in both workplace and platform.
08/12/2021
Aegon UK sees assets reach record £200bn
Net inflows in its workplace business came to £1.1bn in the second quarter of 2021
08/12/2021
D2C investment boom to falter over coming months
This excess cash and pent‐up demand for investments saw gross flows jump to £41bn.
08/12/2021
Zurich's life sales growth in EMEA 'mainly driven' in five countries
The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.
08/11/2021
These feeders make investments in asset managers’ master funds. Funds are in Luxembourg, but also in domiciles such as the Cayman Islands.
08/11/2021
Prudential impresses with half-year numbers despite big loss
An interim dividend of 5.37 cents per share was flat compared to a year ago
08/11/2021
Credit managers turn to Europe for growing opportunity set
The market is very different in Europe than in the U.S., because it is much more consolidated among managers, he said.
08/10/2021
According to Sky News, it is thought the sale process has been underway for weeks.
08/10/2021
Results show good progress on strategy and strong total capital generation
08/09/2021
He added that the pandemic has reinforced the importance of effective savings and the need for individuals to be financially resilient.
08/09/2021
The firm will provide growth-based property finance solutions to investors and developers across Britain
08/08/2021
Analysts will be looking for evidence that chief executive Stephen Bird’s strategy to turn around the fortunes of asset-manager Abrdn