09/28/2022
BNY Mellon to Provide Fully Integrated Operating Platform for Aviva Investors
This provides Aviva Investors with an improved ability to focus on core investment and client-related activities.
Alternative Investments
09/28/2022
Lindsell and Train share £39m dividends as headwinds grow
Nick Train and Michael Lindsell have shared a £38.6m dividend payment after the Lindsell Train fund business they co-founded
09/27/2022
Hedge funds made huge gains before the pound crash
One of the hedge funds mentioned was Crispin Odey’s London-based Odey Asset Management, whose main fund is reportedly up by 145% this year from shorting U.K. government bonds
09/26/2022
Rees-Mogg’s Somerset Capital prepares for second act
Emerging markets fund manager considers sale as chief executive leaves and challenges mount
09/26/2022
DFM Sparrows Capital signs agreement with the P1 Platform
The firm writes that a white-labelled version of the platform will also be made available for selected advice firms and other clients.
09/26/2022
Odey fund surges 145% on big bet against gilts
The firm’s main fund reportedly saw the bumper gain this year after making its largest position a bet against long dated bonds its largest position.
09/26/2022
Funding Circle strikes new £700m lending partner
Bayview has been supporting alternative finance providers in the U.S. and Europe to access efficient funding and provide innovative financing solutions to businesses and consumers.
09/23/2022
Over 90% of pension transfer requests flagged as scams – again
As transfer values fall below £200,000 for the first time since 2016 making the return of annuities more appealing
09/23/2022
Norway's massive sovereign-wealth fund sets net-zero goals
The fund, the Norges Bank Investment Management, is one of the world's largest sovereign-wealth funds, boasting over $1.2 trillion in assets.
09/23/2022
Octopus Investments launches £20mn AIM VCT fundraise
Tidbury added that Octopus believes there is room for valuations to recover when the market outlook improves.
09/23/2022
Invesco soft closes European responsible equity fund
Asset manager confirms shuttering of strategy which has €14m in assets under management.
09/23/2022
Odey Asset Management's flagship fund up 145% on bets against UK government bonds
Most of the firm's long positions are believed to be in inflation-linked bonds that climb when price rises accelerate.
09/22/2022
Bermuda investors to buy Zug private equity firm
GP Investments was founded in 1993. Its Zug division, GP Swiss, made the offer for Spice Private Equity.
09/22/2022
Transact confirms UK platforms’ first Blackrock MPS deal
The MPS is priced at 26 bps, with charges on underlying funds capped at 20 bps and a 6 bps management fee.
09/22/2022
Earn up to £400 in cashback when you open a new account with Bestinvest this Autumn
The Bestinvest cashback offer rewards both new and existing customers with up to £400 when they deposit £10,000 or more in a new account this Autumn
09/22/2022
FTSE slips as Bank of England gears up for bumper rate rise
After the Federal Reserve's aggressive 0.75% interest rate hike yesterday, the Bank of England is expected to follow suit today, with UK shares under pressure as borrowing costs rise.
09/22/2022
Fund heavyweight opens Zurich office
Gerli works there as head of local business with institutional investors. He is supported by Nadine Saïsset in the role of Client Manager.
09/22/2022
Fundsmith takes £100mn hit on tech investment
Gerli works there as head of local business with institutional investors. He is supported by Nadine Saïsset in the role of Client Manager.
09/22/2022
Octopus Investments launches £20m joint fundraising
Two AIM VCTs
09/22/2022
Somerset Capital up for sale as CEO Johnson plans departure - reports
Annual profits plummeted by 34%