10/31/2022
Advisers become more pessimistic about clients' retirement prospects
Between the surveys, advised investors’ confidence that they would meet their retirement plans fell from 78 per cent to 72 per cent.
Alternative Investments
10/31/2022
LGIM’s Justin Onuekwusi on diversity, role models, and inclusive asset management
Financial News continues our coverage to mark Black History with a discussion with LGIM's retail investing boss
10/31/2022
Greece grows economy and seeks investment
Greece has enjoyed robust economic growth in 2022 thanks to post-Covid tourism. Will foreign investments help maintain the momentum?
10/28/2022
Lazard’s European business shines as M&A fees surge to record
The investment bank plans to keep hiring as rivals pull back
10/28/2022
Lloyds delivers mixed bag as economic picture deteriorates
While interest rate increases will benefit the bank, the depth and length of any recessionary period is likely to offset this and beyond.
10/28/2022
Swiss Re reports a net loss of USD 285 million for first nine months of 2022
Very strong capital position with a Group Swiss Solvency Test (SST) ratio of 274% as of 1 July 2022
10/28/2022
UK bonds see £1.3trn drop in value since start of 2022
Collidr research report
10/28/2022
Negative return in the third quarter
The fund’s return was 0.14 percentage points stronger than the return on the benchmark index.
10/27/2022
Harwood Capital investment trust ups stake in Frenkel Topping to 30%
The North Atlantic Smaller Companies Investment Trust has increased its stake in Manchester-based advice firm Frenkel Topping from 24.3% to 29.8%.
10/27/2022
How European innovators are shaping their own destiny
'Very easy to miss this turning point'
10/27/2022
Amundi, Buyout Firms Vie for KBank Asset Manager, Sources Say
Representatives for Amundi and TPG declined to comment, while representatives for CVC and KBank didn’t immediately respond to requests for comment.
10/27/2022
A successful decade of Automatic Enrolment but it faces it toughest task yet
Staggeringly, the total annual workplace pension contribution of all private sector eligible employees has increased in real terms from £41.5 billion in 2012 to £62.3 billion in 2021.
10/27/2022
Amundi, Buyout Firms Vie for KBank Asset Manager, Sources Say
A deal could involve a potential minority stake purchase and a partnership with Kasikorn Asset Management Co., the people said. KBank, as the Bangkok-based lender is known, is expecting to receive binding bids as early as in the next few weeks, they added
10/27/2022
Aegon to combine its Dutch operations with a.s.r.
Aegon will receive EUR 2.5 billion in gross cash proceeds
10/26/2022
DWS sees record profits amid stable AUM
Swing to net inflows
10/26/2022
No sign of ‘notable uptick’ in AE opt-outs despite cost of living warnings
The cessation rate, defined as the proportion of actively saving members who decide to stop saving into a pension, rose from 0.49 per cent to 0.57 per cent between January 2020 and August this year.
10/25/2022
Financial advice group gets funding for acquisition war chest
It will use the money to create a ‘buy-and-build’ consolidation programme
10/25/2022
Hiring spree sees Citadel double European headcount
Citadel, headed by billionaire investor Ken Griffin, currently employs about 4,200 people globally and is benefiting from the recent trend of trading talent migrating from smaller single-strategy managers to big-name multi-strategy firms.
10/25/2022
Aegon grants advisers quicker access to client medical reports
The online form has been streamlined further with a simple ‘tick box’ confirmation on the application form, making it easier for advisers to get their clients’ protection in place.
10/24/2022
Italy’s Generali Moves Ahead With Plan to Buy Guggenheim Asset Management
The company is weighing a full acquisition of Guggenheim’s asset management business, which could be valued at as much as $4 billion, several of the people said.