12/17/2020
ABN Amro tops up fintech venture fund
Six new companies were added to the portfolio in 2020, with four follow-up investments to support further growth.
Alternative Investments
12/17/2020
Baillie Gifford launches UK version of blockbusting health fund
Over the past year the Ucits version of the fund has returned 68.1%, with Covid-19 vaccine creator Moderna one of the big winners in the portfolio.
12/17/2020
UK alts boutique buys Irish firm to expand into Europe
The acquisition is part of the firm's strategic growth plan that includes distributing its funds to European investors.
12/16/2020
Private investment firm buys LV for £530m
Customers will also benefit from the increased investment that Bain Capital will provide.
12/16/2020
Nordea joins leading asset managers in commitment to Net Zero Emissions Goal
They also commit to support investing aligned with net zero emissions by 2050 or sooner.
12/15/2020
Apex to provide full suite of fund services to Frontera Capital Group
Frontera selected Apex due to their range of relevant solutions, depth of experience and reputation for providing a responsive, flexible and solution-oriented service.
12/15/2020
ASI expands sustainable EM equity efforts with new launch
Global emerging markets team to steer high-conviction strategy that will invest in line with the UN’s Sustainable Development Goals.
12/15/2020
Nordic boutique launched by Odin and NBIM veterans
Oslo-based group set to focus on global equity opportunities with several experienced investors from regional firms.
12/15/2020
Investors still in dark about being stripped of protections post-Brexit
There has been no effort to alert UK investors in EU-domiciled funds they will not recourse to the FSCS and will have to apply to foreign compensation schemes if a fund blows up after Brexit.
12/15/2020
Hedge funds exploit technology to reduce cost and waste
Growth in data volumes has pushed finance chiefs to move towards a single trading system
12/15/2020
Bain Capital buys LV for £530m
All members are expected to benefit from a cash payment to compensate for loss of mutual membership upon full completion of the acquisition.
12/14/2020
Aviva sells off arm as new CEO takes action
The transaction is subject to certain closing conditions
12/13/2020
Apex Group acquires transfer agency
Apex’s UK presence has been expanding over the past few years; with the addition of Link Asset Services’ CPCS business and Throgmorton in 2019.
12/11/2020
Zurich Splashes Out With Major U.S. Buy
The business to be acquired includes 2.4 million policies, USD 3.6 billion net written premiums in 2019 and 3,500 employees.
12/11/2020
Guernsey Private Investment Fund regime sets out proposed changes
Following the feedback from a discussion paper during the summer, the Guernsey Financial Services Commission (GFSC) has now published a consultation paper inviting comments on three complementary approaches to PIF registration.
12/11/2020
‘It is going to be a dogfight’: AAA-rated Baribeau readies for ecommerce battles
Citywire AAA-rated fund manager explains where he anticipates the next ecommerce battle to take place and why he can't wait to hit the road again.
12/10/2020
LGIM launches ESG-focused fixed income ETF range
The ETFs provide a higher allocation to green bonds and issuers with the highest ESG scores than traditional fixed income ETFs, while retaining a similar risk/return profile to traditional indices.
12/10/2020
Amundi targets ESG companies in Germany with new DAX ESG ETF
Companies with business activities in controversial sectors such as gambling, tobacco, nuclear power, steam coal or weapons are excluded.
12/10/2020
M&G launches sustainable multi-asset fund range
The range has three individual funds to suit different risk tolerances: Cautious, Balanced and Growth.
12/10/2020
LGIM launches fixed income ETF range
The ETFs also employ what LGIM terms a “liquidity-aware approach” which includes increased minimum issuance thresholds relative to traditional benchmarks to improve the overall liquidity profile.