09/22/2023
Meet the Money Marketing Awards 2023 winners!
The Strategic Wealth managing director is considered by many to be a true role model and has been described as “the future of the profession” by his esteemed peers.
Alternative Investments
09/21/2023
M&G re-enters the bulk purchase annuity market with two buy-in transactions totalling £617m
M&G also worked with the Trustee and its advisers to enable a transfer of the pension scheme’s illiquid assets to PAC as part of the transaction.
09/21/2023
Adviser network partners with regtech provider to better assess vulnerable clients
Enabling advisers to successfully identify vulnerable client characteristics
09/21/2023
Cathie Wood’s Ark Investment Management buys Rize ETF as it pushes into Europe
Wall Street investor partners with Martin Gilbert on developing new funds
09/20/2023
Fundsmith tops Morningstar medalist rankings but misses maximum rating
Annual Fund Family 100 report
09/20/2023
BNY Mellon IM launches floating rate credit strategy for top fund team
The BNY Mellon Floating Rate Credit fund is managed by an Insight Investment team comprising three Citywire-rated fund managers.
09/19/2023
Northern VCTs trio launch £60m fundraise
Following exits
09/19/2023
Kier Group selects Schroders Solutions for £1.2bn OCIO brief
The mandate covers five of Kier Group’s schemes which total £1.2bn in assets
09/19/2023
Netherlands Leads Europe in Green Bonds, While Dutch Pensions Cut Asia Investments in 2022
Dutch pension funds’ assets in Asia have declined by nearly 28 billion euros since the end of 2021.
09/19/2023
Deutsche Bank boosts investment in South Korea
“We see great opportunities in South Korea and are investing accordingly,” said Alexander von zur Muehlen, CEO of Asia Pacific, Europe, Middle East & Africa (EMEA) and Germany and Member of the Management Board.
09/19/2023
Pound Sterling to Remain Supported against Euro and Dollar Near Term Show BNP Paribas Forecasts
In a carry trade, an investor will borrow in a low interest rate currency to buy a currency or asset earning a higher interest rate.
09/19/2023
Austrian asset managers flock to equity, sustainable funds in H1
Asset managers, instead, pulled money from real estate funds, recording the largest decline in terms of investments (6%) in the first half of the year to €10.6bn.
09/19/2023
Former Honeycomb trust set to leave sector by Q1 2024
Pollen Street Capital has published a circular to introduce a new Guernsey holding company and change its listing category.
09/18/2023
Private equity M&A set to whittle sector down to 100 ‘next-generation’ firms
Split between managers that can raise money and those that cannot will lead to consolidation, predicts Partners Group CEO
09/18/2023
Contributing to a SIPP? Here are 3 top investments to consider
Edward Sheldon highlights three investment ideas for a SIPP, including a fund, an investment trust, and a stock with bags of potential.
09/18/2023
Gravis trusts GCP Infra and GCP Asset Backed Income end merger talks
Continuation vote introduced for GABI
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.
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.