08/07/2024
Markets drove Europe’s industry AUM higher in first half of year
Estimated net sales contributed €172.7 billion to the increase.
Alternative Investments
08/07/2024
L&G posts positive results despite Asset Management division decline
Despite the miss on PRT, its pleasing to see that in the first half of the year nine of out of 15 deals involved the businesses’ Asset Management clients showing strong synergies between the two businesses.
08/07/2024
Türkiye's inflation to fall sharply: Europe's largest asset manager
Strigo said the financial returns are attractive, which warrants the asset manager to take a more medium-term view, with six to 12 months.
08/07/2024
Chancellor looks to ‘Canadian model’ pensions for UK
Reports suggest Rachel Reeves is looking to consolidate public pension funds to unlock more private investments.
08/07/2024
Drawdown the ‘dominant’ retirement strategy despite improved annuity rates
Despite this, only 11% of client assets are held within annuities.
08/06/2024
Alternative Credit Awards: Shortlist unveiled
The shortlist for the Alternative Credit Awards has been released, recognising the most influential players in the private debt industry.
08/06/2024
Goehring & Rozencwajg establishes UK feeder fund
To capitalise on the growth of the commodity market, Goehring & Rozencwajg starts a UK feeder fund.
08/06/2024
Berlin-based ACE Alternatives gets a seven-figure seed to redefine alternative fund management
This investment will drive ACE’s expansion into new markets and the enhancement of its tech offerings.
08/05/2024
SME Finance Taskforce announces plan boost UK economic growth
The SME Finance Taskforce has released its cation plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.
08/05/2024
European IPO momentum sees funding quadruple in 2024
The global initial public offering (IPO) market endured something of a meltdown in 2022, and struggled throughout 2023.
08/05/2024
Boutique Investment Bank Ardea Reportedly Eyes UK Expansion
The report noted that boutique operations in Great Britain have increased in prominence, taking almost 40% of takeover advisory fees in the first six months of the year
08/05/2024
AXA Venture Partners’ (AVP) leadership team acquires AXA’s stake in AVP
AXA Venture Partners’ (AVP) leadership team acquires AXA’s stake in AVP, ushering in a new chapter for AVP as an independent private investment company.
08/05/2024
Legal & General’s affordable housing strategy grows to £280m following GMPF investment The Greater Manchester Pension Fund (GMPF) invests £120m into Legal & General’s
Affordable Housing Fund, as it continues to invest to increase much-needed affordable housing supply in England.
08/05/2024
Quilter Investors adds alternatives to Cirilium Passive for first time
These strategic asset allocation changes mean the Cirilium Passive portfolios now have access to a wider investment universe, but crucially at no extra cost for clients.
08/02/2024
UK investment management industry AUM grows to £9.1trn
The IA said the growth is “testament to the resilience and global appeal of the industry, despite a challenging year.”
08/02/2024
IA: UK investment management industry reaches £9.1trn in AUM for 2023
Allocation to UK equities falls 10% in 10 years
08/02/2024
Eurazeo acquires French asset management boutique for €350m
The investment in Eres Group represents the 5th transaction for the ECV fund
08/02/2024
Royal London AUM rises to £169bn as workplace pensions business grows
Its operating profit before tax rose from £127m to £144m as life and pensions new business grow.
08/02/2024
Iress completes sale of mortgage business to Bain
Iress’ Mortgages business provides mortgage sales and origination software (MSO) and associated consulting services to banks and building societies in the UK.
08/02/2024
Fundsmith buys into growth investor favourite
Highly-regarded Swedish industrial Atlas Copco is also held by Baillie Gifford.