12/22/2020
Providers stand by mutuality after LV sale
Mutual models do work and financial services mutuals are successful across the world.
Alternative Investments
12/22/2020
P2P lending platform enters administration
The P2P platform’s activities have been in wind down since December 5, 2019.
12/22/2020
Fairstone snaps up Bath & Bristol adviser
Mr Hartley said Fairstone worked hard to ensure its proposition gave firms the framework they needed to “significantly grow their businesses” without compromising on client service or independence.
12/22/2020
AAA-rated Fidelity PM on why he is benchmark agnostic
London-based Alex Duffy has found a way of visiting companies in Asia, Africa and South America while complying with Covid-19 restrictions.
12/22/2020
Five investor behavioural biases to look out for
Mr Thaler was awarded his prize for creating a "more realistic analysis of how people think and behave when making economic decisions".
12/21/2020
EBRD to boost green financing for residents in Romania
The loan combines €4 million of concessional funding from TaiwanICDF with €11 million of EBRD finance.
12/18/2020
Moore to take lead role on Threadneedle European Select as Dudding steps back
Dudding to focus on global equity fund
12/18/2020
Aktia Asset Management Ltd to merge with Aktia Bank Plc on 1 January 2021
institutional customers.
12/18/2020
Buying an advice firm during lockdown
In an interview with Financial Adviser, Mr Ford says that with the business heading towards profitability, he and his team were able to ponder acquisitions for the first time in years.
12/17/2020
ABN Amro tops up fintech venture fund
Six new companies were added to the portfolio in 2020, with four follow-up investments to support further growth.
12/17/2020
Baillie Gifford launches UK version of blockbusting health fund
Over the past year the Ucits version of the fund has returned 68.1%, with Covid-19 vaccine creator Moderna one of the big winners in the portfolio.
12/17/2020
UK alts boutique buys Irish firm to expand into Europe
The acquisition is part of the firm's strategic growth plan that includes distributing its funds to European investors.
12/16/2020
Private investment firm buys LV for £530m
Customers will also benefit from the increased investment that Bain Capital will provide.
12/16/2020
Nordea joins leading asset managers in commitment to Net Zero Emissions Goal
They also commit to support investing aligned with net zero emissions by 2050 or sooner.
12/15/2020
Apex to provide full suite of fund services to Frontera Capital Group
Frontera selected Apex due to their range of relevant solutions, depth of experience and reputation for providing a responsive, flexible and solution-oriented service.
12/15/2020
ASI expands sustainable EM equity efforts with new launch
Global emerging markets team to steer high-conviction strategy that will invest in line with the UN’s Sustainable Development Goals.
12/15/2020
Nordic boutique launched by Odin and NBIM veterans
Oslo-based group set to focus on global equity opportunities with several experienced investors from regional firms.
12/15/2020
Investors still in dark about being stripped of protections post-Brexit
There has been no effort to alert UK investors in EU-domiciled funds they will not recourse to the FSCS and will have to apply to foreign compensation schemes if a fund blows up after Brexit.
12/15/2020
Hedge funds exploit technology to reduce cost and waste
Growth in data volumes has pushed finance chiefs to move towards a single trading system
12/15/2020
Bain Capital buys LV for £530m
All members are expected to benefit from a cash payment to compensate for loss of mutual membership upon full completion of the acquisition.