04/20/2022
Transact’s net inflows down 4% as it warns of revenue hit
The company mentioned impacts on its revenue caused by this £1bn dip in FUD.
Alternative Investments
04/20/2022
Scam warnings on DB transfers near record high
Helen Cavanagh, Client Lead, Member Engagement Hub, XPS Pensions Group, said: “We are continuing to see that the updated transfer regulations are having a significant impact on the volume of scam warning flags that are being observed.
04/14/2022
Abrdn flags poor performance of 10 funds
The group’s UK growth equity fund posted a 10.35 per cent return in 2021
04/14/2022
Ashmore assets under management tumble by $9bn over quarter
In total, this meant Ashmore's assets under management slid by 10.3%.
04/14/2022
Gresham House plc business update
Continued positive growth
04/13/2022
European Fund Administration to become a member of Universal Investment Group
Jointly, both companies want to significantly develop geographical regions like the Nordics, France and Benelux.
04/13/2022
Italy's Banco BPM makes first move in new insurance strategy
Banco BPM had said it would bring insurance in house to drive fee income under a standalone strategy by CEO Giuseppe Castagna
04/13/2022
Inflation shock and oil price jump unsettle UK stocks
Tesco and Ocado slide as UK equities unsettled by inflation hitting 7% and another surge in the oil price as Russian troops mass on the eastern border of Ukraine. Real estate trusts rally on positive updates.
04/13/2022
How the war in Ukraine has changed this Swedish fund selector’s methods
Per Haldén, co-chief investment officer at Navigera, will spend more time on geopolitical risk assessments when selecting funds.
04/13/2022
Happy birthday to £3,600 or more
Many of these came with attendant changes to the rules and regulations covering pensions taxation.
04/13/2022
Fund managers turn most bearish in history on global growth
A record net of 71% of respondents said they expect the global economy to deteriorate over the next 12 months
04/12/2022
Goldman pays €1.7b for Dutch-based asset manager
It will also help GSAM deepen its integration of environmental, social and governance values into its operations.
04/12/2022
London Stock Exchange sees big fall in value of fundraising from flotations
Research from EY shows a slow start to exchanges globally.
04/12/2022
Royal London expands 'underwrite later' option
The mutual has added this option to life cover on personal menu plans with a sum assured of over £1mn up to £3.5mn and whole of life plans over £500,000 and up to £3.5m.
04/12/2022
Howden to acquire SPF Private Clients
SPF was formed in 2011 after a management buyout and rebrand of Savills Private Finance, the financial arm of Savills
04/12/2022
More Than 200 Alternative Managers Opt for Private Placement Through Jersey to Support EU Capital Raising
Recent data from the Jersey Financial Services Commission (JFSC) for the period ending 31 December 2021 shows that there are now 374 alternative investment funds
04/12/2022
Axa IM launches metaverse fund
Llandric said the industry is at the early stages of a long-term trend which is growing rapidly.
04/11/2022
Cost of living worries despite rise in benefits and state pension
Prices are rising at their fastest rate for 30 years, with costs going up across a variety of sectors of the economy,
04/11/2022
UK firms report fastest growth in labour market since pre-pandemic
BDO index rises for fifth consecutive month but inflation and Ukraine war could curtail jobs boom
04/11/2022
Goldman Sachs adds scale to European business as NN IP acquisition completes
ESG criteria is integrated into approximately 90% of assets under supervision at NN IP and, at the time the deal was announced, NN IP had $355bn in assets under management.