08/23/2022
FSCS payouts to steelworkers fall by £30k
This means from July 1, new quarter assumptions were taken into account by the FSCS.
Alternative Investments
08/23/2022
Norway's wealth fund loses record $174bln in first half of 2022
The $1.3 trillion fund's return on investment was a negative 14.4% for the January-June period, which was still 1.14 percentage points ahead of the return on its benchmark index.
08/23/2022
Business secretary clears deal for BT shares by French billionaire Patrick Drahi
The French billionaire began, who also owns auction house Sotheby’s, bought his first stake in BT last June.
08/23/2022
Chrysalis managers stand by unlisted holdings
NAV tumbles 22.8% in three months
08/23/2022
Emerging managers survey 2022
Newly launched alternative investment funds in Europe (including the EU, Iceland, Liechtenstein, and Norway) raised €514 billion during 2020
08/23/2022
UK households could face 'financial breaking point' if inflation hits 18%
Recession is 'almost an inevitability’
08/23/2022
Barings EMEA trust loads up on Middle East
32.5% in Saudi Arabia
08/22/2022
Investment Update: Investors Fear Recession Will Hit UK Before Year-End
HYCM surveyed nearly a thousand retail investors each with at least £10,000 under management excluding both the value of their home and workplace pension.
08/19/2022
Brunner snaps up positions in high-growth stocks previously deemed 'uninvestable'
Due to high valuations prior to derating
08/18/2022
Aviva Investors boss on the challenges of being a mid-sized firm
Versey succeeded Euan Munro as chief executive of the business in January 2021.
08/18/2022
Bridgewater changes tack on bets against European companies
With European regulations only requiring funds to disclose bets over 0.5% short interest, Bridgewater’s shorts against European stocks could be bigger than reported.
08/18/2022
Premia completes fourth big deal at Lloyd’s
Since its launch in 2017, Premia has acquired more than $3 billion in gross loss reserves across several transactions
08/17/2022
Skerritts buys London IFA with PE backing
The firm’s private equity investor is Sovereign Capital Partners, a private equity buy and build specialist.
08/17/2022
Swiss Life increases its fee result by 17% in the first half of 2022 and reports higher profit from operations and net profit
The Swiss Life Group achieved adjusted profit from operations of CHF 922 million in the first half of 2022, an increase of 6% from half-year 2021.
08/17/2022
Norway's wealth fund loses record $174 bln in first half of 2022
All sectors saw lower returns, apart from energy
08/17/2022
Number of savers opting out of pension jumps by 29%
The data comes from Penfold’s customer base, composed of 5,027 onboarded employees.
08/17/2022
LGIM questions advisers on VFM
This survey will support us in collecting information to carry out VFM assessment.
08/16/2022
Copia Capital expands investment team with two hires
He was responsible for running the firm’s model portfolios and funds with a core focus on UK equities, global equities, property, and real assets.
08/16/2022
CISI Financial Planning Awards 2022: shortlist announced
The awards finalists will be announced in Liverpool 6th October at The CISI Financial Planning Conference 2022 black tie flagship gala in Liverpool’s iconic neoclassical Grade-I listed marvel St George’s Hall.
08/16/2022
Golding holds first closing with global impact fund
The target fund has already invested in seven individual companies actively engaged in areas such as the energy transition, sustainability in agriculture and transport and the decarbonization of industrial production.