10/17/2024
AJ Bell platform business grows as customer numbers rise by 14%
Gross inflows hit £13.1bn, up 41% versus 2023 (£9.3bn), while net inflows hit £6.1bn, up 45% compared to the previous year (£4.2bn).
Alternative Investments
10/16/2024
Baillie Gifford closes healthcare fund after ‘extremely challenging’ period
The Edinburgh fund house is closing its poorly performing Health Innovation fund a mere four years after launch.
10/16/2024
Slate Asset Management Expands European Essential Real Estate Platform With Grocery Portfolio Acquisition in Portugal
This acquisition marks Slate’s first investment in Portugal and further increases the Firm’s exposure to high-quality essential real estate assets in Europe.
10/16/2024
Europe’s Bank Bailout Era Draws to End With States Selling
The pace of those sales makes Greece an exception, but it isn’t alone in returning banks to investors.
10/16/2024
Homes England invests in Schroders Capital’s Real Estate Impact Fund
SCREIF is a real estate focused strategy with the dual aims of delivering a positive social and environmental impact in addition to securing appropriate risk adjusted returns for investors.
10/16/2024
Policyholder expectations pose challenges for life insurers at every stage of the customer journey
At the onboarding stage, one-in-three (35%) retail policyholders struggle with complex terms
10/16/2024
Chancellor announces new plans to secure UK investment
The British Growth Partnership will allow it to do more by creating a new way for the British Business Bank and institutional investors to invest in innovative companies together.
10/16/2024
Carne Group and WTW gain approval for new Private Equity LTAF
The fund across Europe has approximately $850m of client interest to-date.
10/15/2024
BNP Paribas Asset Management is launching its first evergreen diversified private credit fund under ELTIF 2.0
The fund will invest in European corporate and real assets debt in Infrastructure and Commercial Real Estate and targets institutional as well as wealth management distribution channels.
10/15/2024
Verso ‘primed for growth’ after integration push
This marks a significant milestone for the group, creating a scalable platform primed for future growth.
10/15/2024
Bellway results reflect tough year for housebuilders, but direction of travel is positive
While this is in line with peers and expectations, as well as formal guidance from the company, Bellway’s profit before tax figure has fallen almost -60% year-on-year.
10/15/2024
Bancassurance will change the Swiss financial centre sustainably
In other words: Bancassurance will bring about a fundamental change in the Swiss financial center.
10/15/2024
Taxpayers increasingly looking at Venture Capital Trusts as way of cutting future CGT bills – Budget expected to see big jump in CGT
Venture Capital Trusts are stock exchange listed funds that invest in small, innovative companies.
10/15/2024
NLFI announces new trading plan to further reduce stake in ABN AMRO
At some point during the execution of the trading plan, NLFI’s stake in ABN AMRO may drop below one-third of the total outstanding share capital.
10/14/2024
Barnett Waddingham moves to its new home in Leeds City Square
The landmark base reinforces the firm’s strategic growth ambitions in northern England.
10/14/2024
British Land retains GRESB 5-star rating across its portfolio
For the past two years, we have been a global sector lead for developments, reflecting the progressive approach of our industry-leading sustainability brief.
10/14/2024
Nest appoints WTW and Hymans Robertson to assist with innovation in development of retirement offerings
Industry leading companies supporting plans to launch a new retirement income offering and enhance member retirement support and education.
10/14/2024
Ascot Lloyd snaps up £254m Fife advice firm
The private equity-backed consolidator has acquired Create and Prosper for an undisclosed sum.
10/11/2024
BareRock launches counselling and wellbeing programme for members
Under the new initiative, BareRock will fund up to 10 one-hour counselling sessions per claim, subject to a £2,000 cap, with no policy excess payable by the club member firm.
10/11/2024
Legal & General partners with advice firm on MPS range
It will also manage the rebalancing of the model portfolios to ensure that investments remain aligned with Blue Sky clients’ risk profiles.