02/11/2022
Europe's ETF industry gathers record US$29.06 billion in January
Net inflows surpass previous record of US$27.17 billion in December 2020
Alternative Investments
02/11/2022
Baillie Gifford trust shifts approach for 'watershed' 2022
The managers said they would maintain the trust's property portfolio since this provided a resilient income stream which out-paced inflation.
02/10/2022
Two Woodford employees register new venture
Adair and Penttila, listed as ‘employed by’ Curated Capital on the FCA’s register, started working at WCM in February 2021.
02/10/2022
Amundi beats strategic targets on surging inflows
"We have now reached and surpassed the targets we laid out in our 2018-2022 strategic plan," said Chief Executive Valérie Baudson in a call with journalists.
02/10/2022
RBS International chosen to support leading financial sector fund
The fund will be making investments in mid-market, tech-enabled financial services businesses in the UK and Europe.
02/10/2022
AllianceBernstein brings $4bn sustainable global equity fund to the UK
Climate, health and empowerment
02/10/2022
Specialist fixed income manager opens in Madrid
Particularly well-known in Europe, where it already has a direct presence in five countries, with the Madrid opening taking this to six.
02/09/2022
Aegon outflows shrink to £38mn
The group also said the platform’s performance was helped by stronger investor sentiment
02/09/2022
Royal London and LV abandon merger talks
Having put forward its offer in September 2020, Royal London was cast to one side for a time in favour of US private equity firm Bain Capital.
02/09/2022
Private equity firm completes purchase of stake in UK platform
A week after it became majority investor in Isle of Man-headquartered International Financial Group Limited
02/09/2022
Woodford team members registered financial business with FCA in 2021
Jonathan Adair and Kristian Penttila
02/09/2022
Brewin Dolphin launches alternatives fund to enhance £6.6bn MPS range
The new alternatives fund invests in property, commodities and absolute return to give diversification to advisers’ clients’ portfolios and to counter times of equity market volatility.
02/08/2022
KBC Bank Ireland closes sale of substantially all of its remaining non-performing mortgage loan portfolio
KBC Bank Ireland contacted the customers whose loans are included in the sale beforehand to inform them that their loans were being transferred.
02/08/2022
New €90m fund for Irish start-ups to be unveiled
Irish Innovation Seed Fund will be financed by Department of Enterprise and other organisations
02/07/2022
Amati seeks to raise £25mn for VCT
The minimum investment is £4,000 and the offer cost is 1 per cent for existing investors and those investing through an intermediary, otherwise it is 3 per cent.
02/07/2022
LV and Royal London confirm takeover talks
The renewed talks happened just months after LV’s outgoing chairman Alan Cook accused Royal London of trying to “destabilise” its deal to be acquired by Bain Capital.
02/07/2022
Neuberger Berman brings US Large Cap Value fund to Europe
Eli Salzmann and David Levine
02/07/2022
AXA IM unveils low volatility short-duration green bond fund
Aims to minimise volatility
02/04/2022
Fall in Meta Platforms’ share price will hit pension funds invested in US markets
Meta, the owner of Facebook, accounted for a 1.3 per cent weighting in the MSCI World Index of share markets, so could easily account for as much as 1 per cent of the nest-eggs of typical pension savers.
02/04/2022
ESMA Report highlights liquidity concerns for Alternative Investment Funds
The main risk faced by the sector relates to a mismatch between the potential liquidity of the assets, and the redemption timeframe offered to investors.