12/03/2020
AJ Bell customer numbers rise 27%
Revenues rose 21% to £126.7m (FY19:104.9m) and profits before tax rose 29% to £48.6m (FY19: £37.7m).
Alternative Investments
12/03/2020
Nordea Asset Management launches a thematic strategy to address social empowerment
The strategy focuses on businesses that provide solutions that address social issues, create a positive impact, and generate sustainable shareholder value.
12/01/2020
Insurance giant sells off several European operations for €830m
It wants to concentrate on countries and business lines where it can ‘create most value’
12/01/2020
Commerz Real sells “Town Town CB 06” office property in Vienna to Real I.S.
It had already sold four properties, meaning that there is now only one other building in the hausInvest portfolio.
12/01/2020
Apex to offer Throgmorton Outsourced CFO & COO Solutions
Throgmorton understands the pivotal role a COO performs, especially, for a start-up manager.
12/01/2020
Baillie Gifford and Franklin Templeton offload Jupiter stakes
The asset managers were among the top 10 groups backing Jupiter.
11/30/2020
Aegon to sell its Central and Eastern European business to VIG
The proceeds amount to EUR 830 million and represent a multiple of 2.6 times the book value on June 30, 2020.
11/30/2020
Standard Life Aberdeen to offload Parmenion advisory arm
New CEO Stephen Bird begins reshaping FTSE 100 investment group
11/27/2020
KBC finalises acquisition
KBC finalises acquisition of OTP Banka Slovensko (Slovakia)
11/27/2020
Norway wealth fund chief has COVID-19, central bank governor quarantined
Tangen added that a number of his colleagues at the fund, which has its offices in central Oslo, had been quarantined as a result of his positive COVID-19 test.
11/27/2020
Vala Capital launches £20m EIS fund for sustainable start-ups
Vala Capital launches the Vala Sustainable Growth EIS targeting small companies focused on sustainable solutions
11/27/2020
Walker Crips hunts for advisers as it overhauls firm
“It is very well acknowledged that there is an advice gap. We believe we are doing a good job and have a good set up."
11/27/2020
Generali targets Europe’s infrastructure market with fund launch
One of the funds will focus on the environment, green mobility and energy transition while the other will prioritise digital transition and social infrastructure.
11/27/2020
KPMG: Investment firms strengthen risk functions amid Covid-19 Stress testing boosted
Just over a quarter of firms (28%) saw an increase in operational risks events, with 15% reporting an increase in the size of operational losses.
11/27/2020
Standard Life offloads staff to FNZ for Elevate platform
The move is expected to take place in early 2021 and is said to form part of Standard Life’s ambition to provide the “easiest platform”.
11/27/2020
Advisers face uphill struggle in access to client data
Mr Chadborn said that without the history, it was “near impossible” to provide advice on the client’s bond.
11/27/2020
Precise returns to refurbishment buy-to-let
"Landlords have traditionally faced difficulty in securing finance to refurbish a property before letting it out.
11/27/2020
EBRD and EU support small businesses in Bosnia and Herzegovi
Small businesses will be able to use funds to lease trucks, semi-trailers, cold-storage units, construction machines and hybrid vehicles.
11/26/2020
Aviva - third quarter update*
The Board has declared a 7.0 pence per share interim dividend in respect of the 2020 financial year which will be paid in January 2021.
11/26/2020
Premier Miton outflows hit £620m in year after merger
The firm’s assets under management stood at £10.6bn as at September 30, slightly down on the £11.5bn of combined assets the two firms held when they announced the merger in 2019.