07/10/2017
Landbay partners with Legal & General
The solution will be delivered via insurtech company KASKO, enabling real-time quoting and underwriting of building, contents, tenant, and rent guarantee insurance.
Alternative Investments
07/10/2017
KKR-Backed United Group Further Invests in South East Europe
United Group, a KKR- and EBRD-owned company, to acquire media assets from Central European Media Enterprises
07/10/2017
RWC Acquires Former Fidelity Star’s Pensato Capital
Dan Mannix, chief executive of RWC, says the move is indicative of a wider trend in the industry.
07/10/2017
Vanguard’s European profits up 40% in 2016
Low-cost fund provider’s attempts to break into the continental market is working
07/10/2017
Vanguard's European profits increase to more than £5m
In particular, the group increased its footprint with fee-based IFAs
07/10/2017
Hedge fund boutique launches India fund
The fund is open to investors with over $1 million (£780,000) to invest and has a 1% management fee.
07/10/2017
Ex-Amundi UK chief expands with Arctic funds deal
It was first sold to Canadian bank CIBC and then to Millennium.
07/10/2017
Scotland’s economy: private sector growth ‘subdued’
Manufacturers upped their output at a steady rate, and while the rate of growth eased since May, production growth was above that of business activity in the service sector.
07/07/2017
UK PE firm Altitude Partners launches second regional fund
Altitude also exited The Care Division last year through a sale to Alina Homecare backed by Bridges Ventures, generating a multiple of 2.9x.
07/07/2017
Brave property investors reap rewards
The Aviva fund has kept a hefty safety buffer, with 45 per cent of its assets in cash or cash equivalents.
07/07/2017
Schroder UK Growth underperforms benchmark
The company said that investment trusts with UK portfolios were struggling because of Brexit.
07/07/2017
Who triumphed at the IW Fund Manager of the Year Awards 2017?
Funds on the final shortlist were analysed and debated by sector specialists
07/07/2017
Luxembourg Lists First Ever Reserved Alternative Investment Fund
More than 100 RAIFs have been created since the law was passed, however, it’s the first time a RAIF has been listed on an exchange.
07/06/2017
LME and the World Gold Council confirm LMEprecious launch on 10 July
The contracts were designed to support ongoing regulatory change, enabling greater market transparency and access, as well as providing additional robustness to the precious metals market.
07/06/2017
Aegon UK chief: we want to be platform consolidator
He would like the company to be seen as a specialist in this area.
07/06/2017
Natixis eyes $8tn stuck in benchmark-hugging funds
Highly acquisitive French asset manager wants even more M&A as it looks to Asia
07/06/2017
AXIS announces Novae acquisition
The acquisition will be funded from AXIS’s existing cash resources
07/05/2017
Elevate platform to offer Standard Life International Bond
Standard Life International said that offshore bonds can play “an important part in a portfolio”
07/05/2017
Saba Capital, famed for 'London Whale' bet, to shut London office
A subsequent period of underperformance saw a number of investors pull their money, only for Saba to bounce back and attract fresh capital with a market-beating 3 percent gain in 2015 and returns of 22 percent in 2016, one of the sources said.
07/05/2017
Unigestion closes fund at 255 mln euros
Switzerland and London-based investment house Unigestion has closed its direct opportunities 2015 fund at 255 million euros. The limited partners of Unigestion Direct Opportunities 2015 include insurers, pension funds, banks and family offices from the UK