02/20/2023
Professional services confidence rises in 2023
The respondents – who mostly come from mid-sized professional services firms across the UK – are surveyed to see which project expansion, and those projecting contraction.
Alternative Investments
02/20/2023
abrdn calls time on MyFolio Monthly Income range
As part of rationalisation drive
02/20/2023
Curtis Banks cuts fees for new Sipp clients
Head of sales at the Sipp provider, Charles Dewey, said the move will “not only ensure that clients continue to secure greater returns on their investments but also allow those clients who feel that they are trapped with their current provider the o
02/17/2023
Swiss Re reports a net income of USD 472 million for 2022, targets more than USD 3 billion for 2023
Based on Swiss Re's very strong capital position, the Board of Directors will propose a dividend of USD 6.40 per share.
02/17/2023
Trian Investors 1 distributes all Unilever shares amid wind-up
Commence with liquidation afterwards
02/17/2023
Patrinvest unit SFI to invest €400m in Tikehau Capital Advisors
The deal will also make SFI one of the largest individual shareholders in Tikehau Capital.
02/17/2023
CVC Income and Growth trust waives 15% performance fee
Effective from 1 January 2023
02/16/2023
Broadstone agrees to acquire H&C Consulting Actuaries
The move will mean H&C’s clients and staff will have access to a broader range of services from a larger business, while also enabling it to grow its headcount.
02/16/2023
Growth slows and assets shrink at Hargreaves Lansdown as interest rates rescue revenue
Assets under administration fall
02/16/2023
Rapid growth sees Simply Asset Finance hits £1 billion lending milestone
During 2022, its Loan Book grew by 36% and Simply Asset Finance was proudly placed in the top 50 of the FT1000 fastest growing businesses in Europe and in the top five for financial services.
02/16/2023
Italian fund buys stake in asset manager Anima in play on bank M&A
It secured just above the 7% minimum deal size with a 7.5% premium versus Tuesday's closing price.
02/15/2023
Nexus enters administration after FCA action
The administrators said their appointment was "deemed necessary" because of the sole director’s absence from the business and due to concerns relating to the director’s conduct.
02/15/2023
Candriam Group takes 80% stake in European real estate manager
Candriam, a “multi-specialist” manager headquartered in Luxembourg but owned by New York Life Investments Company, has around €140 billion in assets under management.
02/15/2023
Phil Bray: Why more advisers are disclosing fees on their website
Many advisers tell us they disclose fees on their websites to deliberately deter enquiries from people who are shopping around based on price, aren’t prepared to pay fees or can’t afford to pay.
02/15/2023
Mike Tindall opens new Cooper Associates office in Cheltenham
To celebrate our arrival, we held an open evening which was hosted by ex-Gloucester & England player James Forrester and featured rugby legend Mike Tindall
02/15/2023
AIC: UK-focused investment trusts offer double discount
UK bulls gaining confidence
02/14/2023
UK advice firm goes bust
After entering liquidation in the summer of 2022
02/14/2023
'In fund management, volume reduces performance'
That call was an offer to become chief executive at JO Hambro Capital Management, a fund management business with a strong presence in private equity and property, but a desire to launch mutual funds in the standard asset classes.
02/14/2023
Man GLG’s Golan enters FE’s ‘alpha managers’ list
To compile the list, FE looks at the top UK retail fund managers’ performance over their entire careers.
02/14/2023
Hawksford acquires ACT Management Services
The firm anticipates no change of service to ACT’s existing clients while the business embeds itself into the Hawksford group.