10/27/2022
Amundi, Buyout Firms Vie for KBank Asset Manager, Sources Say
Representatives for Amundi and TPG declined to comment, while representatives for CVC and KBank didn’t immediately respond to requests for comment.
Alternative Investments
10/27/2022
A successful decade of Automatic Enrolment but it faces it toughest task yet
Staggeringly, the total annual workplace pension contribution of all private sector eligible employees has increased in real terms from £41.5 billion in 2012 to £62.3 billion in 2021.
10/27/2022
Amundi, Buyout Firms Vie for KBank Asset Manager, Sources Say
A deal could involve a potential minority stake purchase and a partnership with Kasikorn Asset Management Co., the people said. KBank, as the Bangkok-based lender is known, is expecting to receive binding bids as early as in the next few weeks, they added
10/27/2022
Aegon to combine its Dutch operations with a.s.r.
Aegon will receive EUR 2.5 billion in gross cash proceeds
10/26/2022
DWS sees record profits amid stable AUM
Swing to net inflows
10/26/2022
No sign of ‘notable uptick’ in AE opt-outs despite cost of living warnings
The cessation rate, defined as the proportion of actively saving members who decide to stop saving into a pension, rose from 0.49 per cent to 0.57 per cent between January 2020 and August this year.
10/25/2022
Financial advice group gets funding for acquisition war chest
It will use the money to create a ‘buy-and-build’ consolidation programme
10/25/2022
Hiring spree sees Citadel double European headcount
Citadel, headed by billionaire investor Ken Griffin, currently employs about 4,200 people globally and is benefiting from the recent trend of trading talent migrating from smaller single-strategy managers to big-name multi-strategy firms.
10/25/2022
Aegon grants advisers quicker access to client medical reports
The online form has been streamlined further with a simple ‘tick box’ confirmation on the application form, making it easier for advisers to get their clients’ protection in place.
10/24/2022
Italy’s Generali Moves Ahead With Plan to Buy Guggenheim Asset Management
The company is weighing a full acquisition of Guggenheim’s asset management business, which could be valued at as much as $4 billion, several of the people said.
10/24/2022
Firefighters receive £3,750 govt payout over pensions
A coalition government review found that in the worst-case scenario, 92 per cent of active firefighters would not be able to maintain their required level of fitness until 60 years of age.
10/24/2022
IQ-EQ supports successful launch of Premico’s third carbon neutral residential fund
In connection with its first closing, the fund has also signed its first acquisition and aims for several further acquisitions before the end of the year.
10/21/2022
Manchester-based investment business welcomes biggest ever apprenticeship intake
This year’s intake will see 13 apprentices join the Investment Operations Specialist Programme, where they will undertake a Chartered Institute of Securities & Investment qualification as part of their two-year work and study position with AJ Be
10/21/2022
Truss departure further embedding political risk into UK markets for investors
This unfortunately will continue to act as a further headwind to unleashing the opportunities that exist within the economy and stock market.
10/21/2022
Octopus Investments launches £35m VCT fundraise
Apollo VCT focuses on fast-growing B2B software businesses and is run by an 11 strong investment team at Octopus Ventures, led by Richard Court.
10/20/2022
Property Funds to Sell Assets to Help Stricken UK Pensions
Pensions have been dumping stocks, bonds and collateralized-loan obligations as well as pulling money from almost any fund that will give it back.
10/20/2022
AXA Investment Managers publishes its own global carbon footprint for the first time, including Scope 3 emissions
This is part of AXA IM’s commitment to become a net zero asset manager for its operations by 2050, with an interim target of reducing emissions by 26% by 2025.
10/20/2022
IQ-EQ shortlisted in the PICCASO Privacy Awards 2022
IQ-EQ has established a strong and effective Privacy and Data Protection team over the past year and achieved tangible results
10/20/2022
Titan teams up with consultancy to create international MPS
Advisers will also be able to access other areas of Titan’s expertise, including DFM, direct equity strategies and alternatives.
10/19/2022
Hargreaves Lansdown posts rise in revenue despite drop in clients
Flows into risk based investments remain subdued