03/06/2023
Belgium to sell part of BNP Paribas stake for more than $2bn
The Belgian state participation agency will dispose of around 2.7% in the French bank
Alternative Investments
03/03/2023
Craven Street Wealth acquires London-based advice firm
The firm will continue employment, over time phasing into a relationship management capacity.
03/03/2023
Progeny announces plans to acquire Gibbs Denley
The acquisition will allow Progeny to extend its footprint to East Anglia and take its assets under management to more than £7.5bn.
03/03/2023
ESG funds on offer grew 89% in 2022 as fees rose
Fitz Partners research
03/02/2023
The French banking boutiques you may never have heard of
The French capital's investment banking scene, however, far predates Brexit – in some cases, by hundreds of years – and the city is not only home to multinational banks but also to a number of poorly understood but rather opaque boutiques
03/02/2023
Macquarie Group considers takeover bid for M&G - reports
£6.5bn potential deal
03/02/2023
VZ bets on the base effect
Last year around 7,900 households and companies used services from one or more VZ offers, a similar number to the previous year.
03/01/2023
IQ-EQ shortlisted for ‘Fund Administrator of the Year’ in 2023 Private Equity Awards
All finalists are assessed by a panel of expert judges from industry-leading bodies.
03/01/2023
Swiss Life increases net profit in 2022 by 16% to CHF 1.46 billion – the fee result rises by 13% to CHF 756 million
In 2022, Swiss Life Switzerland increased its segment result by 36% to CHF 1.22 billion (previous year: CHF 897 million).
02/28/2023
Sterling holds gains after rising on UK trade deal with EU
The dollar was mostly flat in early trade but was on track to end higher for the month, ending a four-month losing streak.
02/28/2023
Develop Consulting's Steve Boam on the virtues of Lean working
After a successful period of business, 2018 saw Boam exit the £12 million-turnover company, amid a management buyout.
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.
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