08/03/2022
Jury out in Harlequin boss trial
The prosecutors claimed in court that Ames persuaded investors to sign contracts without revealing the true state of affairs at the company, causing a total loss of £226mn.
Alternative Investments
08/03/2022
Axa: Half Year 2022 Earnings
Strong and consistent performance
08/03/2022
GIB launches ESG-focused EM fund that will partner with investments
Article 8 fund will invest exclusively in companies with which it can work to improve ESG and operations.
08/02/2022
Hartley Pensions enters administration
The FCA also said the Financial Services Compensation Scheme would be working closely with the joint administrators to determine whether there are any protected claims that would allow the FSCS to declare a default and pay compensation.
08/02/2022
UK financial planning group buys advice firm
It is the company’s seventh acquisition
08/02/2022
Premier Miton takes top spot on FE Fundinfo's ratings
The risers and fallers are in a multitude of sectors and across fund groups showing that even the most experienced fund managers have struggled to maintain consistency across recent market movements.
08/01/2022
Advice network splashes out £1.5m on five deals in Scotland
It plans to double in size across the UK over the next few years
08/01/2022
Scottish business confidence falls again in July
Scottish firms identify top growth opportunities as entering new markets (39%) and introducing new technology (32%)
08/01/2022
Swiss Re reports a net income of USD 157 million for the first half of 2022, with Q2 profit of USD 405 million
After the first quarter was marked by negative impacts from the financial market downturn, the COVID-19 pandemic and reserving for the war in Ukraine, this resulted in a net income of USD 157 million for the first half of 2022.
08/01/2022
JTC Completes Second Tranche of Equity Awards and Reinforces Shared Ownership Culture
At the same time, JTC has also underlined its commitment to a shared ownership model by introducing an EIP award of shares to all new permanent employees, following the successful completion of the required probationary period.
08/01/2022
Alternative investment funds: are Guernsey and Jersey the ‘new Luxembourg’?
The country has long attracted large cross-border investment platforms and reputable prominent fund and asset managers.
07/29/2022
Alliance Trust 2022 Interim Report
Due to these and other macro factors, such as some of the highest rates of inflation seen in a generation, in the first six months of this year equity markets have been very volatile.
07/29/2022
Oberon Investments funds under management and administration increased 80%
Oberon Investments Group operates in the UK wealth and fund management sector and in the corporate broking and financial advisory sectors.
07/29/2022
HNWs bid goodbye to 60/40 portfolios in alternatives push
Equities and bonds no longer seen as safe havens when recession fears increase
07/29/2022
Chelverton Asset Management to spin off Private Capital interests to focus on core Investment Funds business
Whilst the core funds business continues to enjoy healthy growth, with plans to extend the fund range, and further strengthen the investment team, its private capital business has remained less well developed.
07/29/2022
J O Hambro unveils global Shariah fund
It will exclude those companies that are uncompliant with Shariah investing, which include financial services, gambling and defence.
07/29/2022
Janus Henderson Group plc Reports Second Quarter 2022 Results
Second quarter 2022 operating income was US$143.9 million compared to US$124.6 million in the first quarter 2022 and US$225.0 million in the second quarter 2021.
07/28/2022
Esdec Solar Group Announces Strategic Investment from Blackstone
Against the backdrop of an accelerating energy transition, and with a reputation for innovative best-in-class solutions, Esdec has achieved significant organic growth.
07/28/2022
New Public Register for Overseas Entities Owning UK Property
On 15 March, the UK Government introduced a new piece of legislation called the Economic Crime (Transparency and Enforcement) Act 2022 (the ‘Act’).This legislation’s main aim is to create a public register of overseas entities owning UK
07/27/2022
PE-backed Hurst Point Group buys financial planning firm
Metis has £750mn of assets under advice and £190mn of assets under management, taking the group’s overall total to nearly £8bn.