02/27/2023
CaixaBank and MicroBank support Spanish small businesses
CaixaBank and MicroBank will use these guarantees to mobilise more than €1 billion in financing that will help firms to reach their full potential.
Alternative Investments
02/27/2023
Sesame Bankhall Group bolsters protection support for advisers
The onus on advisers to have these conversations will increase further through the implementation of Consumer Duty, as the FCA looks to ensure businesses are helping provide better outcomes to customers and safeguard them against foreseeable harm.
02/27/2023
Should Hargreaves Lansdown be passing on rate rises?
Cash held by consumers on its platform rose from 9.3 per cent of overall holdings to 11.1 per cent between the end of 2021 and last year.
02/24/2023
Spencer West opens new Northern Ireland operation alongside McMahon McKay
The team joined forces with Spencer West as of the new year, citing the firm’s reputation for collaboration between its Partners and its entrepreneurial approach to law as key considerations in forming the alliance.
02/24/2023
Assets shrink and profits collapse at Jupiter as investor sentiment bites
Underlying profit down 64%
02/24/2023
Jupiter posts £3.5bn outflows in ‘clearly difficult’ year
The group’s flows turned positive in the second half of the year, driven by strength in its institutional client channel which saw £2bn in net inflows.
02/24/2023
7IM launches retirement income solution on platform
The client's assets are then allocated into a series of ‘buckets’ invested across three time horizons - short, medium and long-term.
02/24/2023
DWS departure triggers fund management reshuffle
The strategy is now run by portfolio manager and buy-side analyst Lukas Herrmann and portfolio manager Carsten Weins.
02/23/2023
L&G Mastertrust reaches £20bn AUM milestone
The L&G Mastertrust is the largest commercial master trust in the UK market, with 275 participating employers and over 1.8 million members
02/23/2023
Euronext makes €5.5bn indicative offer for Allfunds
The Allfunds board is evaluating the indicative offer and there is no certainty that any transaction will be forthcoming.
02/23/2023
River and Mercantile workforce cut by 22% since AssetCo takeover
AssetCo acquired control of the River and Mercantile business in January 2022, and in the annual report the company stated that operating costs for River and Mercantile fell by just under £10mn - from £32mn to £22.5mn during the period o
02/23/2023
iM Global Partner launches managed futures fund to European market
Portfolio of liquid futures contracts
02/23/2023
UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says
Figures published earlier this month showed that the U.K. GDP contracted by 0.5% in December, as the economy flatlined over the final quarter of 2022 to narrowly avoid a technical recession.
02/23/2023
L&G Mastertrust reaches £20bn AUM milestone
The L&G Mastertrust is the largest commercial master trust in the UK market, with 275 participating employers and over 1.8 million members
02/22/2023
IQ-EQ shortlisted in the 2023 ICA Compliance Awards
IQ-EQ has been shortlisted in the competitive ‘Compliance Consultancy Firm of the Year’ category, which aims to recognise a team who supports clients to effectively manage and improve their compliance programmes.
02/22/2023
ZEDRA completes rebrand of US and Curaçao based fund services provider, Atlas Fund Services
Reflecting ZEDRA’s ambitions for the US and LATAM market and commitment to becoming an international leader in the funds services industry.
02/22/2023
UK retail structured products achieve 6.4% returns in volatile 2022
622 plans returned gains for investors
02/22/2023
One Four Nine announces 'largest acquisition to date'
With the addition of McCrea Financial Services, One Four Nine now has more than 100 staff across the UK, including 31 advisers.
02/22/2023
UK Assets Group Relocates to New Liverpool Street Office and Expands Private Client Advisory Division
This expansion comes after 4 years of successful trading
02/22/2023
Ruffer hails 'remarkable performance' but issues warning of further volatility
Trust returns 7.1% over 12 months