09/18/2023
How Abrdn managed succession on £1.8bn investment trust
As part of the plan to enable his deputies to succeed him, for several years, when client meetings were happening, Stout and one of the other managers would attend.
Alternative Investments
09/18/2023
Deutsche Bank elevates its investment in South Korea
For its Seoul branch, Deutsche Bank will boost its capital commitment by KRW211.5bn ($159m), a 36.7% increase on its investment, in order to expand its operations and take on additional client work.
09/18/2023
Ray Dalio’s former right hand man says hedge funds are ‘too comfortable hiding high fees’
‘There is no good reason why private fund investors should have an opaque view of the fees they are being charged’
09/18/2023
Fidelity opens up Global Future Leaders Fund
The fund will give UK investors the chance to access an investment approach run by a Fidelity team in Australia.
09/15/2023
Four new funds added to TILLIT platform
The latest additions provide our clients with a wider range of investment options empowering them to stay in control of their portfolio
09/15/2023
Octopus Investments launches joint £20m fundraise for two AIM VCTs
Established dividend policy
09/15/2023
Mirova's impact private equity strategy joins the TIBI initiative
The Mirova Environment Acceleration Capital (MEAC)[1] fund joins the TIBI initiative, which aims to increase the financing capacity of technology companies by mobilizing the savings of institutional investors, particularly insurers.
09/15/2023
Janus Henderson opens Global Life Sciences Strategy to UK clients
Managed by Andy Acker and Dan Lyons
09/15/2023
Hargreaves Lansdown adds BNY Mellon US Equity Income to Wealth Shortlist
Manager has ‘strong track record’
09/15/2023
Helvetica overhauls management as it streamlines portfolios
The head of portfolio management has departed, among other changes.
09/15/2023
SocGen open to sale of Equipment Finance unit in strategy review, sources say
The bank sees the business as non-core, having sold part of its operations in 2020, said the people, who spoke on condition of anonymity.
09/15/2023
ThomasLloyd Energy impact to appoint new investment manager
Termination of agreement
09/14/2023
Hedge funds run by ex-Pictet bankers close to milestone
Like Stouff and Chevalley, Merci is a former member of Geneva's largest private bank, Pictet, and most recently worked for the British investment boutique Sona Asset Management.
09/14/2023
Royal London hard closes £900m global equity fund
Royal London Asset Management has taken the decision to limit access to its Global Equity Select fund, citing strong inflows hampering its ability to achieve capital growth.
09/13/2023
Europeans up; Italian industrial production falls
The Eurozone's inflation forecast was also revised downward: it is expected to remain well above target in 2023, at 5.6 percent, compared to 5.8 percent in the previous analysis.
09/13/2023
Investment Week reveals finalists for Women in Investment Awards 2023
Awards ceremony on 22 November
09/13/2023
Legal & General launches online claim submission capability
Legal & General highlighted the key benefits of the new online claim submission capability for customers and advisers.
09/12/2023
Equity trusts dominate platform most bought lists despite recent alternatives issuance
Numis report on retail demand for trusts
09/12/2023
Arcadis wins 10-year, €125m infrastructure contract extension in Netherlands for smart operations management and data driven asset maintenance
The contract is awarded by the province of North Holland, a key Arcadis client, and is a continuation of the current maintenance and management contract won by Arcadis ten years ago.
09/11/2023
Credit hedge funds profit as companies face soaring borrowing costs
Cheaper debt with higher yields offers distressed debt-focused funds opportunities to increase returns