06/05/2023
Amundi merges Lyxor global sector ETFs with ESG range; Slashes fees
It is the latest sign of the firm’s strategy to shift part of its ETF range to Ireland as it looks to capitalise on the nation’s favourable tax treaty with the US.
Alternative Investments
06/05/2023
Linklaters advises LeadCrest Capital Partners on two investments in Poland
The parties have agreed to a modernisation plan which will improve the energy performance of the portfolio.
06/05/2023
Goldman Sachs Asset Management makes $600 mln bid for Norway's Froy
Froy's fleet of specialised wellboats and other vessels provides maritime transportation services to fish farmers and other aquaculture companies.
06/05/2023
Fundsmith Equity sells Amazon at a loss after 19 months
Terry Smith has cut Amazon from his giant fund after just a year and a half, losing around a fifth of his investors’ money on the position.
06/02/2023
HSBC UK to offer L&G protection to wealth clients
L&G added to provider panel
06/02/2023
Investors continue hunt for income in May
Passives dominate open-ended
06/02/2023
Seven reasons to open a Self-Invested Personal Pension (SIPP) today
With pension saving one of the most effective ways to reduce an income tax liability and beat high inflation, Bestinvest unveils a new cashback offer on SIPP transfers to help retirement savings work even harder
06/02/2023
DB transfer rules for ‘modest’ pensions should be amended, says LCP
Fairs explained that under pension freedoms “DC pensions have been able to benefit from greater flexibility” but the same cannot be said for DB pensions.
06/01/2023
Lansdowne Partners buys London-based Crux Asset Management
Crux founder Richard Pease will retire following the completion of the transaction.
06/01/2023
SME Finance enters Dutch market
Despite being the backbone of modern European economies, small businesses remain underserved by traditional banks and lenders.
06/01/2023
Mortgage borrowing hits record low as housing market shows signs of freezing up
With mortgage approvals also falling and yesterday’s 25% fall in property transactions, the outlook for the housing market is somewhat bleak as we head into the summer months.
06/01/2023
Apex Group adds to client offering with close of Mainspring acquisition
The strategic acquisition of Mainspring adds 70 new employees
05/31/2023
Canada and US top targets for alternative assets fund raising in 2023
As well as being one of the top target countries for alternative asset fund raising, professional investors in the US are also expected to dramatically increase levels of fund raising for alternatives.
05/31/2023
Mudrick Capital eyes £300m London trust IPO - reports
US distressed credit
05/31/2023
Jupiter proposes merger of fixed income funds
Investment Grade and Corporate Bonds
05/31/2023
Premier Miton average assets drop 17% over six months as net outflows persist
Equities outflows of £360m
05/31/2023
Novia merges platform operations and technology teams
As part of the merger, Eden Scrivenger who joined the platform in August last year, will take on the expanded role of chief technology and operations officer.
05/31/2023
Royal London and Scottish Widows pay out multi-millions in protection claims
The total amount it paid out represents 99.4% of all claims to its almost 80,000 customers and their families.
05/30/2023
New renewables fund raises €85m
The fund has a target size of €200m and hard cap of €350m and will target projects in late-development and ready-to-build stages, as well as turnkey transactions.
05/30/2023
Swiss Life does not want to give up the BVG full insurance
In the business with individual 1e pension solutions for executives, for example, the number of beneficiaries rose by as much as 70 percent.