02/25/2022
Jupiter CEO rules out M&A as profits rise
Overall, the group suffered net outflows of £3.8bn despite gross inflows of £16.5bn.
Alternative Investments
02/25/2022
Jupiter suffers £3.8bn of net outflows in 2021 despite AUM increase
The company noted that strong investment performance in rising markets enabled it to benefit from market returns in excess of these flows, at £5.6bn.
02/25/2022
Allfunds sees 37% increase in year-on-year revenues
Regarding the appointment of Perera, Alcaraz said: “Allfunds is committed to identifying and growing talent internally and Álvaro is a true testament to this."
02/24/2022
Vanguard unveils digital investment service in Germany
Savers ‘for too long, have been poorly served with high-cost, complex’ products
02/24/2022
Munich Re forecasts 2022 profit lift after pandemic rebound
For the current year, Munich Re forecasts profit of 3.3 billion euros.
02/24/2022
LV: We’ll always see a role for the adviser
LV has its own adviser, which Bolton said it will “continue to develop” though it is ultimately “small in the grand scheme of things”.
02/24/2022
Private equity returns beat listed stocks again, study shows
Hamilton Lane’s market overview for 2022 shows that private equity funds generated an extra 83 cents per dollar invested since 2017.
02/23/2022
Moneybox moves into ETFs
Including exchange traded funds from Vanguard, iShares, Legal & General and UBS.
02/23/2022
Three new European VC funds launched this month
Backed, LSP and Lauxera Capital Partners have all launched venture capital funds in Europe this month, with the most recent being a €150m fund from VC firm Backed.
02/22/2022
Progeny acquires IFA taking Aum to £3bn
As a result of the deal, Ian Browne, RU Group’s head of advice, will become chief of advisory services at Progeny.
02/22/2022
AJ Bell warns 850k savers risk sleepwalking into bond crash
An estimated 850,000 pension savers are invested in lifestyling funds
02/22/2022
Interest of US buyers in acquiring UK companies grows
Almost two-thirds of the firm offers announced in 2021 were from such sources.
02/21/2022
Zurich private equity firm rebrands
The company was founded in 1982 and specialises in the European mid-market segment.
02/18/2022
Sanne shortlisted at the Hedge Fund Management European Services Awards
The awards annually recognize and reward European hedge fund service providers who have demonstrated exceptional client service, innovative product development and strong and sustainable business growth over the past 12 months.
02/18/2022
Allianz posts strong results
Allianz proved its resilience and adaptability.
02/18/2022
AssetCo profit soars to 'transformational' £16.1mn
It also owns 5mn shares in River & Mercantile, and its offer to take the company over was confirmed last month.
02/18/2022
‘We didn’t need to build our own platform’: LV
Upon coming in, it was Bolton’s job to begin the “recovery process” following a major demerger with its general insurance business, which it sold between 2017 and 2019.
02/17/2022
Hiro Metaverse Acquisitions SPAC Listed On LSE
SPACs are primarily set up to raise capital through an IPO to subsequently acquire or merge with an existing publicly traded company.
02/17/2022
Investment house of the year: Legal & General Investment Management
Risk Awards 2022: LGIM wins mandates from investors looking to limit their contribution to warming
02/17/2022
Baillie Gifford raising capital for dedicated PE fund
The asset manager is deepening its push into private companies with the launch of a dedicated fund for institutional investors.