08/11/2023
M&G closes absolute return bond fund after 'investor appetite decline'
The investment manager closed the fund in July after admitting it was no longer commercially viable.
Alternative Investments
08/10/2023
Scottish Widows Platform partners with Origo to 'save advisers time'
The Scottish Widows Platform is now live for bulk valuations via the Origo Integration Hub with the majority of CRM solutions, including Benchmark, Wealthcraft and Moneyinfo.
08/10/2023
UK financial advice group enters administration
With all assets transferred to its sister company
08/10/2023
Aegon UK announces extended strategic partnership with Nationwide Building Society
The extended strategic partnership will reshape the current relationship to play to both organisations’ strengths and provide a smooth transition for customers.
08/10/2023
Allianz increases operating profit by 7.1% to 3.8 billion euros
Our solid growth is a clear reflection of our customers’ continued trust in us
08/09/2023
Private equity trust discounts ease most among alternatives in H1
3i Group tops private equity
08/08/2023
Fund manager abrdn's assets hit by market volatility, shares dive
Analysts on average expected AUMA of 500 billion pounds for the period, according to company-compiled estimates.
08/08/2023
NatWest Trustee and Depositary Services appointed UK depositary for Tenzing
Tenzing specialises in supporting market leaders and challenger businesses to transform companies into disruptors and international powerhouses within their markets.
08/08/2023
Aviva expands underwriting appetite to include engineered timber for commercial buildings
This follows a successful pilot, which saw the UK’s largest insurer working with a handful of developers on sustainable building projects.
08/07/2023
Orbital secures £5m for crypto banking push
Digital ledger technology (DLT) and digital assets are becoming an increasingly prominent feature of the financial services landscape.
08/07/2023
Baillie Gifford manager on why he sold Tesla but retains SpaceX
Space X is presently the second largest holding in Brodie’s Edinburgh Worldwide investment trust.
08/07/2023
Bank of America upgrades St James's Place to 'Buy' after share plunge
Attractive entry point for 'quality' franchise
08/07/2023
Four-fifths of DB pension trustees expected to approach insurer in next five years
With 36% expected to approach one within the next year
08/07/2023
Parmenion platform integrates data tools to improve adviser reporting
Fastrak and FINIO will give advisers access to data about their clients’ investments
08/07/2023
SiriusPoint signs partnership with UK MGU
SiriusPoint said the partnership will be primarily focused on UK property casualty insurance business.
08/04/2023
A positive first half of the year with £6 billion invested into funds
This impacted on sales to tracker funds which dipped to £272 million inflows.
08/04/2023
Swiss Re reports a net income of USD 1.4 billion for the first half of 2023
Net premiums earned and fee income for the Group increased 4.4% to USD 22.1 billion, compared with USD 21.2 billion for the same period last year.
08/04/2023
Home REIT sells 40 properties for 60% average loss
1.6% portfolio by number
08/04/2023
Royal London pre-tax profit up 16% in H1
This increase was attributed by Royal London to a growth in workplace pensions new business contribution and higher risk free rates which increased the expected returns on assets.
08/03/2023
Iveco raises estimates after strong half-year growth
Pre-tax profit rose to EUR245 million from EUR72 million while operating profit increased to EUR245 million from EUR134 million.