10/27/2020
Charles Stanley adds 5-star managed portfolios to AJ Bell platform
AJ Bell announced the first third-party Managed Portfolio Services to be added to its adviser platform in August, to sit alongside the AJ Bell MPS.
Alternative Investments
10/27/2020
A&A Investment Adviser to acquire an Irish ICAV
A&A Investment Adviser's Luxembourg’s entity has agreed to terms with an Asset Management Firm to acquire an Irish ICAV, which it says will be one of the most innovative launch platforms for quantitative sub-funds in UCIT's format in t
10/27/2020
Dutch insurer Aegon puts Eastern European arm up for sale in coronavirus-led clean-up - sources
The business could be valued at about 650 million euros (589.52 million pounds) and is being sold as part of an auction process, they said.
10/27/2020
Buffettology becomes second small-cap trust to pull launch but fintech fund tries its luck
A statement said there had been ‘a broad level of support from a significant number of investors’ but that the minimum raise, set at £100m, had not been met.
10/27/2020
Grafton Capital takes majority ownership position in Third Financial
The platform combines the established Tercero system with an efficient, flexible, client-focused outsourcing and custodial operation.
10/27/2020
Octopus Ventures exits Calastone
Octopus Ventures first invested in Calastone at seed stage in 2008
10/26/2020
European bank ETFs lose out as investors flock to US counterparts
Sustained negative rates in the region cited as main reason for divergent fortunes
10/25/2020
Crispin Odey's hedge fund business considering rebrand that could see tycoon's name drop off some funds
The case has been adjourned for a two-day trial in February at Hendon magistrates' court.
10/23/2020
Fidelity acquires LGIM's £5.8bn Personal Investing business
Fidelity International has acquired Legal & General Investment Management’s UK Personal Investing business.
10/23/2020
Mystery deepens on H2O bond trading
Documents increase puzzle over asset manager’s illiquid bond deals
10/23/2020
PA360 Digital: Advisers urged to question fund managers on 'ESG success' definition
PA360 Digital
10/23/2020
Vanguard active fund closure highlights challenge in Europe
Low-cost provider’s passive fund growth is vastly outpacing its actively managed business
10/23/2020
LHV Group will found a new bank in the United Kingdom
The new bank will be based on the existing branch and its founding will not bring any changes to the existing customers.
10/23/2020
Aberdeen Standard Investments: Partnering with schemes and their advisers
The fund range has been designed to allow schemes to create a bespoke solution to meet their specific objectives by combining allocations across the fund range.
10/22/2020
Aviva Investors launches ESG training programme for advisers
Despite 92% of advisers believing that ESG will constitute a larger proportion of their business in two years' time, this doesn't appear to be influencing current day-to-day practice.
10/22/2020
'Rip off': bad experience puts savers off seeking advice
Some said they had previously had bad experiences when seeking advice and thus were put off using advisers in the future.
10/22/2020
Slate Asset Management acquires two essential real estate portfolios in Germany for combined EUR72m
Slate European Real Estate Fund III closed in March 2020 having raised EUR250 million, hitting its hard cap and exceeding original targets.
10/22/2020
Ten-year UK gilts could go negative, but they are still attractive – Aegon Asset Management’s Finlayson
The fact that, if held to maturity, you are taking a small total return loss, is a secondary concern in a flight to quality that sees risky assets plummet.
10/22/2020
AJ Bell platform attracts 63,000 new customers
AJ Bell also reported net inflows of £4.9bn in the year
10/22/2020
ETF investors call for better product education and transparency
Growing demand for fixed income ETFs