07/12/2022
Transact to launch own MPS with BlackRock
Transact is not the only platform operator getting in on the action.
Alternative Investments
07/12/2022
Aviva Investors appoints HSBC and Mount Street to £50bn real assets unit
Aviva Investors selected HSBC and Mount Street following a competitive process and Aviva Investors said the partnership will lead to further automation of the firm's administration.
07/12/2022
EBRD to invest in Lamda’s green bond in Greece
The proceeds of the bond issue will fund sustainability elements of The Ellinikon, including green buildings and infrastructure, green energy and smart-city technologies.
07/12/2022
Wealth Wizards develops financial wellbeing application for Royal London
Once complete customers are presented with a health check score and a personalised dashboard highlighting both areas of strength, as well as opportunities for improvement
07/11/2022
EIB and CDP sign three deals to promote public and private investment in Italy
The goal is to promote public and private investment in Italy, improve the selection and financing of green projects and trigger over €1 billion in new financing for public entities, particularly in the south.
07/11/2022
Progeny purchases Scottish financial planning firm
Progeny first entered the Scottish market with the acquisition of fellow Edinburgh-based firm, Innovate Financial Services, in February 2019.
07/11/2022
Cinven announces final close of its inaugural Strategic Financials Fund
The SFF is focused on investing in companies with long term track records of consistent growth and cash generation across a broad spectrum of the European financial services sector, drawing on Cinven’s extensive network of relationships, origination
07/08/2022
£6.4bn withdrawn from UK funds since June 2021
Thirteenth month of outflows
07/08/2022
DWP fails to end transfer ‘war’ between PensionBee and providers
The providers argued that the wording of the relevant regulations explicitly mention incentives to transfer — such as PensionBee’s “refer a friend” scheme — as a reason to raise “red flags”, which means a statutor
07/08/2022
Halifax House Price Index: House price growth defies cost-of-living squeeze
House prices increased by 1.8% in June, the twelfth consecutive monthly rise
07/08/2022
Business groups call for stability as Johnson resigns
Some MPs and business leaders suggested he should go sooner rather than later to allow a new administration to try to tackle the sharpest rise in the cost of living for 40 years, which millions of UK households are struggling with.
07/06/2022
Fund H1 2022 performance review – just 6% of investment funds make positive return in first half of the year
For a small number of funds, it proved to be a good start to the year, especially for those with energy exposure, who filled the top five positions and eight of the top 10.
07/06/2022
Wren Sterling Announces Acquisition of Critchleys Financial Planning LLP
Second acquisition announced since investment by Lightyear Capital as Wren Sterling accelerates its growth strategy
07/05/2022
SVM UK equity fund retains top rating after Assetco deal
But fund belonging to subsidiary R&M run by Hugh Sergeant loses accolade
07/05/2022
Apex acquires Darwin Depositary Services
Following completion of recently announced acquisitions, the Group will operate from over 80 offices in 40 countries worldwide, with 10,000 employees servicing $2.75 trillion in assets across administration, depositary, custody and under management.
07/05/2022
Equity release rates hit six-year high
“It is imperative they seek independent financial advice to ensure it’s the right choice for both them and their relatives,” she said.
07/04/2022
‘When you say it’s illiquid, it’s really illiquid’: This $1.4tn AM’s alts challenge
Franklin Templeton’s Jenny Johnson says the shrinking shape of public markets has forced traditional firms to think differently.
07/04/2022
M&G launches sustainable PruFund range on platform
Until now, advisers have predominantly accessed PruFund via the investment manager’s ‘Retirement Account’.
07/01/2022
AXA UK plc Chairman announcement
Scott Wheway to stand down; Mark Pain appointed Chairman
07/01/2022
Investment Association calls for stewardship clarity
These include a lack of clarity on stewardship expectations, an overemphasis on short-term performance, and not taking enough account of the stewardship outcomes.