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Alternative Investments

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

10/22/2020

UK investors lose track of £5.3bn worth of investments

22% of adults have lost or unclaimed assets

10/22/2020

Openwork looks to hire workers hit by cutbacks

We are delivering on ambitious plans for expansion at the Academy for 2020

10/21/2020

Hollands heaps praise on Amati Global Investors over VCT fund raise

This Offer really stood out as providing investors with access to a well-diversified portfolio of businesses at varying stages of maturity, from early-stage companies to those that have grown into global revenue earners.

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