11/22/2023
Aegon uses portfolio management to ‘form partnerships’ with advisers
The funds range from risk managed 1 to risk managed 6, each displaying different levels of risk.
Alternative Investments
11/22/2023
Helvetia expects exceptionally high claims expenses from severe weather and major events in the third quarter of 2023
Helvetia registered an above-average number of intense natural disaster events in the second half of 2023.
11/22/2023
Trott makes her mark on Treasury as pension ‘pot for life’ confirmed at Autumn Statement
The idea marries nicely with the Chancellor’s aim of funnelling more money into the UK economy through a concentration of workplace pensions who are able to do so.
11/22/2023
Pensioners set to get over £11,500 from state pension and benefits keep original uprating mechanism
This level of uplift follows the inflation matching 10.1% boost that saw the 2023/24 state pension rise to £203.85 a week, or £10,600 annually.
11/21/2023
Edward Jones Opens the Door for Advisors to Take Discretion
A former senior manager at the firm said that Edward Jones had historically only allowed portfolio managers in the home office to have discretion out of concern for potential liability
11/21/2023
IQ-EQ wins two awards in the Asset Servicing Times Industry Excellence Awards 2023
The awards are dedicated to supporting and recognising talented and dedicated firms, individuals and departments across the financial services industry.
11/21/2023
KPMG UK: Number of equity partners dips below 500 as Big Four layoffs begin
It is the first time the firm’s equity partnership has fallen below 500 members since it began to disclose its figures in 2002.
11/20/2023
Polar Capital posts £581m half-year outflow on tech hit
Outflows in the firm’s tech and biotech funds offset inflows into its Emerging Market Stars range.
11/20/2023
Government earmarks £4.5bn for investment into British manufacturing sector
Clean energy push
11/20/2023
abrdn CEO blocked from selling investment management business by board
Following ii merger
11/16/2023
Aviva plc Q3 2023 Trading Update
General Insurance premiums grew 13%
11/16/2023
Manulife Investment Management to Acquire Multi-Sector Alternative Credit Manager CQS
The transaction is expected to close in early 2024 subject to customary closing conditions and regulatory approvals.
11/15/2023
M&G raises €440m for 18-month fixed maturity fund
The short-date bond fund has predefined maturities and will look to capitalise on inverted government yield curves.
11/15/2023
ZEDRA to acquire fiduciary services business from AlTi Tiedemann Global
ZEDRA will welcome 59 employees who have been providing trust, corporate, marine and aviation, and family office administration services through its offices in the Isle of Man, Geneva and London.
11/15/2023
Terry Smith's payout slips to £31m as Fundsmith assets and profits slide
Profits down 14%
11/15/2023
Legal & General completes £500m buy-in with Deutsche Bank Pension Scheme
The Scheme is an existing client of Legal & General Investment Management and has reached a well-funded position over recent years.
11/15/2023
Walker Crips Investment Management launches Gilt Portfolio Service
The service also offers companies the opportunity to achieve higher returns than are currently offered by high street corporate savings accounts.
11/14/2023
TIME Investments suspends open-ended property fund on 'material uncertainty'
Freehold fund
11/14/2023
Pantheon expands wealth offering with launch of open-ended private equity fund
Subscriptions starting at $25,000
11/14/2023
Robeco unveils inaugural fashion-focused active fund
First active equity fashion strategy