11/23/2021
Martin Gilbert's fund venture enters bidding war for UK asset manager
River and Mercantile is at the centre of a bid battle between Premier Miton and AssetCo.
Alternative Investments
11/22/2021
EBRD supports successful issuance of senior preferred bond by Latvia’s Citadele
The Bank’s investment in the bond builds on its strong commitment to support the development of capital markets in the Baltic region.
11/22/2021
Quilter Cheviot enhances MPS range with launch of ‘Building Blocks’ funds
Quilter Cheviot has enhanced its Managed Portfolio Service with the launch of eight new ‘Building Blocks’ funds.
11/22/2021
One Four Nine Group launches DFM service
Recently founded Financial Planning and fund management firm One Four Nine Group has launched an in-house discretionary fund management (DFM) service.
11/22/2021
Edinburgh IT's Nav up 48% since Majedie takeover
The trust's chairman Glen Suarez said it has been a period of “improving fortunes” for the company's portfolio.
11/22/2021
Kneip announces exclusive partnership agreement
Kneip to provide transparency and efficiency for the Investment Funds industry in Europe through Nasdaq Fund Network
11/22/2021
European money market funds experience worst September flows on record
Flows were down across the UCITS board
11/22/2021
European money market funds experience worst September flows on record
Sales down 83%
11/19/2021
Grainger sees profits and revenues rise on the back of rental sector strategy
The Newcastle property firm has a development pipeline of almost £1bn
11/19/2021
EU targets 'letter box' funds run from overseas in post-Brexit crackdown
The European Union has reiterated concerns over "letter box" entities run from outside the bloc following the UK's departure from the bloc.
11/19/2021
STM's UK SIPP and Gibraltar life new business revenues 'slower to materialise than expected'
As uncertainty remains as to whether these policies will be incepted prior to year-end, the Board has taken the prudent view that these should not be reflected in revised forecasts.
11/19/2021
Shifts in large hedge fund ETF holdings
Schwab US TIPS, Invesco QQQ Trust Series 1 and iShares Core S&P 500 follow, with hedge funds holding about $3 billion worth of shares in each ETF.
11/19/2021
Putting more pep in your PPM
Private equity comes with its own lexicon.
11/18/2021
Gambit named most active corporate advisory firm in Wales
In the first nine months of this year it has acted on deals worth £250m
11/18/2021
JTC supports harmony energy income trust listing
"We are very appreciative for the expertise provided by JTC through the listing process and the ongoing support for the trust.”
11/18/2021
STEP Elections 2021: Results announced
The candidates take up their seats on 1 January 2022, for a term of three years.
11/18/2021
The Openwork Partnership Evolves with Strategic Partner Firms
Strategic Partner Firm contracts give the biggest network members and The Openwork Partnership more security to invest in a mutually beneficial relationship while offering control over client ownership and marketing rights for the Strategic Partner Firms.
11/18/2021
Hargreaves Lansdown Chooses Moody’s Analytics to Support Investment Solutions Development
Hargreaves Lansdown will be leveraging Moody’s Analytics’ award-winning Economic Scenario services and Portfolio Risk Analytics (PRA) software to support the construction of multi-asset solutions.
11/17/2021
HSBC Asset Management closes second directly-managed secondaries fund
Private Equity Opportunities II closed in October 2021 with total commitments of c.USD1 billion and follows the successful fundraising of USD1.34 billion for the firm’s first secondaries fund, Private Equity Opportunities, in December 2020.
11/17/2021
Praemium enters ‘final stage’ in sale of UK platform
Praemium’s international business includes the Praemium UK platform as well as businesses in Jersey, Dubai and Hong Kong and its investment management company Smart IM, and the customer relationship management systems Wealthcraft and Plum.