04/26/2022
Aegon UK to invest £3bn in new BlackRock ESG index range across default funds
Fund ESG exposure to double to 60%
Alternative Investments
04/26/2022
Nordea launches climate engagement fund
The new fund will focus on finding carbon-intensive companies that have a realistic pathway to transition to cleaner operations in the future.
04/25/2022
AJ Bell makes investing a Dodl with new app
Dodl’s friendly monsters have arrived to make investing less “scary”.
04/22/2022
The advice firm recruiting ex-professional athletes
“We were having a conversation one day discussing how hard the transition [away from sport] was for me, and how it was hard seeing my friends struggle through,” Sample said.
04/22/2022
Managers 'applaud' Ackman's Netflix exit
About $400m loss
04/21/2022
AJ Bell platform customer numbers up despite 'uncertain market backdrop'
AUM almost £67bn
04/21/2022
IG Prime: 96% of UK hedge fund managers favour UK stocks
Despite growth in global markets
04/21/2022
Norway wealth fund posts loss of $74bln for January-March
The $1.3trln fund's return on investment stood at a nagative 4.9% for the January-March period
04/21/2022
Luxembourg Alternative Strategies selects EFA for fund services
Luxembourg Alternative Strategies (LAS) has selected the European Fund Administration (EFA) to provide its central fund and administration services for its Reserved Alternative Investment Fund (RAIF).
04/21/2022
PE firm buys Ascot Lloyd from Oaktree
The national advice firm has £9.8bn in funds under influence, serves some 20,000 clients and employs 500 people across the UK.
04/20/2022
Bestinvest's top UK fund picks revealed
Another reason for the relative lack of appetite for the home market has been composition, with the index dominated by companies in areas such as mining, oil and gas.
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.
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.