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.
Alternative Investments
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.
10/21/2020
PineBridge Launches USD High Yield Bond Fund in Europe
The Fund’s investment objective seeks to maximize total return consisting of current income and capital appreciation