12/12/2023
Scottish Mortgage: Lack of IPOs has pushed us over private equity limit
As SMT exceeds its 30% limit on PE holdings, commercial director Stewart Heggie notes that the trust went from 14 IPO exits in 2021 to zero the following year.
Alternative Investments
12/12/2023
Söderberg & Partners buys stake in financial planning firm
Existing Generation staff will remain in place but will have extra functionality in the way the firm offers client advice and support services.
12/12/2023
Benchmark buys IFA firm adding £111mn in client assets
The firm said it supports Benchmark's strategy to expand its advice business across the UK and support financial planning businesses.
12/12/2023
Nick Train buys more Diageo despite profit warning hit to Finsbury Growth & Income
Performance would have been better,
12/11/2023
European mortgage market set for lowest growth in a decade
High rates and inflation and slowing economies have taken their toll on demand, finds EY report
12/11/2023
TILLIT publishes first performance report for its curated fund universe in transparency drive
The regulator has urged firms operating best buy lists that the process for clear selection, monitoring and deselection should be documented, understood and followed.
12/11/2023
Record ETF inflows in November 2023
European Ucits ETFs specifically achieved impressive growth, attracting €18.1 billion, marking the second-highest monthly inflow for the year.
12/11/2023
Guernsey-domiciled Gresham House fund raises £450m to support sustainable infrastructure solutions
The fund is backed by twelve investors
12/11/2023
Hargreaves Lansdown consults on nine resolutions following AGM dissent
Includes performance share plan
12/08/2023
Hot labour markets show signs of cooling but risk of central banks overshooting remains
This follows US job openings data published earlier this week which also came in below expectations, suggesting tightness in the labour market is starting to dissipate.
12/08/2023
Why Premier Miton bought boutique firm Tellworth
O’Shea said the current volatile markets, where most firms are experiencing outflows, means the firm is seeing more potential acquisition opportunities.
12/08/2023
Allianz GI CIO Virginie Maisonneuve: We are taking AI integration as seriously as ESG
‘Digital Darwinsim’
12/08/2023
Schiehallion slide adds to ‘bruising’ half-year for Baillie Gifford’s Monks
Half-year results show that Baillie Gifford global equity trust Monks has been weighed down by a derating in the group’s listed private equity fund Schiehallion.
12/07/2023
Eurobank Asset Management backs Mintus with strategic investment
This synergy aims to revolutionise the accessibility and variety of alternative assets available to investors.
12/07/2023
Eurobank Asset Management MFMC invests in Mintus
This investment will trigger further collaboration between the parties in the field of alternative investment asset categories.
12/06/2023
UK Pension Trustees: is switching advisers the right thing to do?
Given the complexity of pension funds and the need for trust in the relationship, adviser appointments are generally long-term affairs.
12/06/2023
Baillie Gifford and EdenTree funds lose Square Mile A rating
Four new ratings
12/06/2023
Fall in long-term gilts continues to boost DB funding
Funding position of 50% hedged schemes climbed to 98.3% nearing self-sufficiency
12/06/2023
Generali Group receives the Transatlantic Award
The award was conferred by the American Chamber of Commerce in Italy for the acquisition of Conning Holdings Limited
12/06/2023
Advisers warned to ‘be proactive’ on Isas or risk losing clients
“Advisers need to make sure they are proactive with their clients and explain the potential risks to their savings in a cash Isa, when indications are that interest rates may start to fall next year,” he said.