09/25/2023
Third Point Investors extends buyback programme as underperformance persists
Discount widens to over 18%
Alternative Investments
09/25/2023
Pantheon International launches £150m tender offer as part of £200m share buyback scheme
By way of reverse auction
09/25/2023
Defaqto launches platform switching tool
It will give advisers the power to model a client’s financial objectives, capture risk profiles, conduct investment research, and oversee client reviews.
09/22/2023
Firms 'too focused' on numbers rather than services
Industry experts gathered to discuss challenges posed by Consumer Duty
09/22/2023
Smart Pension invests £550m in low carbon stewardship fund
Fund will offer investors split voting to ensure more robust investment stewardship
09/22/2023
Central banks and key rates: SNB and BoE on pause; Sweden, Norway, and Turkey on the rise
On current situation, sentiment has declined on activity, new orders, shipments, and employment while prices paid were on the rise.
09/22/2023
96 per cent of fund managers plan on using external support in the future, finds Ocorian
The fund services provider found that 96 per cent of fund managers plan on using external support over the next three years.
09/22/2023
Strong consumer confidence lifts FTSE as global indices fall
The blue-chip index was a bright light among global indices as improved retail sales data offset pessimism around the Bank of England's decision to pause interest rate hikes.
09/22/2023
CBRE in Talks To Buy Leading Retail Asset Manager Sovereign Centros
Brokers Have Been Looking to Improve Retail Asset Management Skillsets
09/22/2023
Meet the Money Marketing Awards 2023 winners!
The Strategic Wealth managing director is considered by many to be a true role model and has been described as “the future of the profession” by his esteemed peers.
09/21/2023
M&G re-enters the bulk purchase annuity market with two buy-in transactions totalling £617m
M&G also worked with the Trustee and its advisers to enable a transfer of the pension scheme’s illiquid assets to PAC as part of the transaction.
09/21/2023
Adviser network partners with regtech provider to better assess vulnerable clients
Enabling advisers to successfully identify vulnerable client characteristics
09/21/2023
Cathie Wood’s Ark Investment Management buys Rize ETF as it pushes into Europe
Wall Street investor partners with Martin Gilbert on developing new funds
09/20/2023
Fundsmith tops Morningstar medalist rankings but misses maximum rating
Annual Fund Family 100 report
09/20/2023
BNY Mellon IM launches floating rate credit strategy for top fund team
The BNY Mellon Floating Rate Credit fund is managed by an Insight Investment team comprising three Citywire-rated fund managers.
09/19/2023
Northern VCTs trio launch £60m fundraise
Following exits
09/19/2023
Kier Group selects Schroders Solutions for £1.2bn OCIO brief
The mandate covers five of Kier Group’s schemes which total £1.2bn in assets
09/19/2023
Netherlands Leads Europe in Green Bonds, While Dutch Pensions Cut Asia Investments in 2022
Dutch pension funds’ assets in Asia have declined by nearly 28 billion euros since the end of 2021.
09/19/2023
Deutsche Bank boosts investment in South Korea
“We see great opportunities in South Korea and are investing accordingly,” said Alexander von zur Muehlen, CEO of Asia Pacific, Europe, Middle East & Africa (EMEA) and Germany and Member of the Management Board.
09/19/2023
Pound Sterling to Remain Supported against Euro and Dollar Near Term Show BNP Paribas Forecasts
In a carry trade, an investor will borrow in a low interest rate currency to buy a currency or asset earning a higher interest rate.