12/18/2023
L&G opens door for huge US-style bonuses for UK asset managers
Update to pay policy includes room for ‘necessary flexibility’ to attract best talent to London-listed firm
Alternative Investments
12/18/2023
IQ-EQ France supports Allianz Global Investors with €256m debt fund to finance regional railway development
In addition, the client has been able to avail of our loan granting licence, which enables a fund to act among a pool of banks.
12/18/2023
Oberon Investments receives green light to acquire Nexus Investment Management
Regulatory approval
12/18/2023
GSAM looks to build on huge OCIO win earlier this year
The mandate started less than three weeks ago
12/15/2023
Woodford investors urged to join lawsuit against Hargreaves Lansdown
Following redress scheme approval
12/15/2023
Lock into higher rates now: Making the most of high interest rates
As it poses both challenges and opportunities for savers and investors
12/14/2023
Transact sees adviser and client numbers increase
The number of advisers registered on Transact rose 3% from 7,500 to 7,700, while clients using the Transact platform grew 2% from cica 225,000 to 230,000.
12/14/2023
Fund managers eye increased allocations to buyout and growth capital strategies
The researchers attributed this surge to perceived undervalued opportunities in the market.
12/14/2023
German alts platform to lower investing threshold to €10,000
Liqid will offer lower minimum investment level through its Private Equity NXT platform which launches next year.
12/14/2023
Unbiased unveils subscription model as part of platform upgrade
The business is releasing a series of enhanced mobile features.
12/14/2023
abrdn Diversified Income & Growth eyes managed wind-down
Subject to shareholder approval
12/12/2023
William Blair Investment Management Named a 2023 Best Place to Work
William Blair Investment Management was listed among investment management firms with 100 to 499 employees.
12/12/2023
AssetCo eyes takeover of Somerset Capital Management funds
Following collapse
12/12/2023
Insurers are also deep in the Signa swamp
The amount of total debt of the extensive network of companies is not yet known - analysts from J.P. Morgan once estimated this at $13 billion.
12/12/2023
Scottish Mortgage: Lack of IPOs has pushed us over private equity limit
As SMT exceeds its 30% limit on PE holdings, commercial director Stewart Heggie notes that the trust went from 14 IPO exits in 2021 to zero the following year.
12/12/2023
Söderberg & Partners buys stake in financial planning firm
Existing Generation staff will remain in place but will have extra functionality in the way the firm offers client advice and support services.
12/12/2023
Benchmark buys IFA firm adding £111mn in client assets
The firm said it supports Benchmark's strategy to expand its advice business across the UK and support financial planning businesses.
12/12/2023
Nick Train buys more Diageo despite profit warning hit to Finsbury Growth & Income
Performance would have been better,
12/11/2023
European mortgage market set for lowest growth in a decade
High rates and inflation and slowing economies have taken their toll on demand, finds EY report
12/11/2023
TILLIT publishes first performance report for its curated fund universe in transparency drive
The regulator has urged firms operating best buy lists that the process for clear selection, monitoring and deselection should be documented, understood and followed.