04/25/2018
RL360° grows 5% despite ‘difficult market conditions’
Isle of Man-based life insurer RL360° grew its present value of new business premiums by 5% in 2017, continuing the company’s record of year-on-year growth.
Alternative Investments
04/25/2018
SYZ Asset Management launches European income fund
Managed by head of European equities Michael Clements
04/24/2018
Everything Is for Sale in Cyprus, and China’s Buying
The tiny Mediterranean island is throwing open the gates, while Germany and France build barriers.
04/24/2018
AMP Capital to acquire 49 per cent stake in London Luton Airport
The airport is operated under a concession agreement with Luton Borough Council.
04/24/2018
Boal & Co Launch Flexible Pension Freedom Scheme
Switches between the two regimes would be fee free, other than any tax or transfer charges that may apply.
04/24/2018
Witan hands mandate to boutique investment manager
Firm spun out of Odey Asset Management
04/24/2018
Clearstream buys UK fund platform from Zurcher Katonalbank
The deal allows Clearstream to expand its funds services to include management of distribution contracts and data processing.
04/23/2018
£8m bonanza for Hermes chiefs, including boss Saker Nusseibeh
It was a bumper year for the company, which made a pre-tax profit of £21.6m, more than double the figure in 2016.
04/23/2018
Ashburton enlists Fidelity to run multi-asset funds
Ashburton, the asset management arm of the FirstRand Group, will maintain responsibility for the clients and the distribution of the service.
04/23/2018
Invesco relinquishes Causer and Read trust in fee row
‘This letter has been sent notwithstanding the detailed and extended efforts of the board to reach satisfactory ongoing contractual arrangements (including in respect of fees payable) for both shareholders and the current manager having regard to pr
04/23/2018
Fairstone makes third acquisition of 2018
Sims is the latest firm to be fully acquired by Fairstone after joining its downstream buyout programme in July 2015.
04/23/2018
Tatton adds £1bn in assets as it approaches IPO anniversary
Tatton was admitted to the AIM market in July last year after an £87.2 million IPO. Paul Hogarth group chief executive, said the firm’s increased profile since the IPO would increase asset inflows.
04/19/2018
The Brexit Countdown - Mark Ward, Head of Trading at Sanlam UK
This has provided the UK with a welcome tourism boost, albeit at the expense of the British holidaymaker looking to travel overseas, and the eventual Brexit bill payable to Brussels in Euros.
04/19/2018
Fund managers unveiled for 120m pot
The investment fund, managed by The North East Fund, will provide financial support for more than 600 businesses, creating about 3,500 jobs and leaving a legacy of up to £80m for further investment into the region.
04/19/2018
Generali sells €540m Belgian unit to Athora
Frédéric de Courtois, group CEO global business lines & international, stated: “This deal underlines our continuing efforts to optimize the Group’s international reach across the world."
04/18/2018
Collab Winners Are ‘Building a Long-Term Relationship’ with MetLife
The eight finalists will be invited to attend the collab Summit EMEA and Demo Day in London on 11-12 July 2018 to present their solutions where the ultimate winner will be announced.
04/18/2018
ETF Investors Favour Emerging Markets in 2018
Investors scaled back their ETF purchases in March, but in the first quarter of 2018 there were some clear favourite areas of focus
04/18/2018
DunPort gets €283m to fund SMEs
The fund will target companies with sales of more than €5 million
04/18/2018
Vistra Named ‘Fund Administrator of the Year’
The award recognises the overall achievement of fund administrators in the calendar year of 2017
04/18/2018
Allianz GI unveils 'outperformance' fee on fund range
On any day the fund outperforms its benchmark, the outperformance will be accrued as a fee.