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
Alternative Investments
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.
12/14/2020
Aviva sells off arm as new CEO takes action
The transaction is subject to certain closing conditions
12/13/2020
Apex Group acquires transfer agency
Apex’s UK presence has been expanding over the past few years; with the addition of Link Asset Services’ CPCS business and Throgmorton in 2019.
12/11/2020
Zurich Splashes Out With Major U.S. Buy
The business to be acquired includes 2.4 million policies, USD 3.6 billion net written premiums in 2019 and 3,500 employees.
12/11/2020
Guernsey Private Investment Fund regime sets out proposed changes
Following the feedback from a discussion paper during the summer, the Guernsey Financial Services Commission (GFSC) has now published a consultation paper inviting comments on three complementary approaches to PIF registration.
12/11/2020
‘It is going to be a dogfight’: AAA-rated Baribeau readies for ecommerce battles
Citywire AAA-rated fund manager explains where he anticipates the next ecommerce battle to take place and why he can't wait to hit the road again.
12/10/2020
LGIM launches ESG-focused fixed income ETF range
The ETFs provide a higher allocation to green bonds and issuers with the highest ESG scores than traditional fixed income ETFs, while retaining a similar risk/return profile to traditional indices.
12/10/2020
Amundi targets ESG companies in Germany with new DAX ESG ETF
Companies with business activities in controversial sectors such as gambling, tobacco, nuclear power, steam coal or weapons are excluded.
12/10/2020
M&G launches sustainable multi-asset fund range
The range has three individual funds to suit different risk tolerances: Cautious, Balanced and Growth.
12/10/2020
LGIM launches fixed income ETF range
The ETFs also employ what LGIM terms a “liquidity-aware approach” which includes increased minimum issuance thresholds relative to traditional benchmarks to improve the overall liquidity profile.
12/10/2020
ASI buys £5bn property fund manager in growth push
According to Tritax, the logistics sector represents the intersection of real estate and advanced technology, such as robotics and AI.
12/10/2020
Whitehall Capital publishes its market outlook for 2021
From an investment perspective, and in contrast with some markets – the US dropping by as much as 40% before the bounce – bridge lending has delivered a steady return and has been a good place to be.
12/10/2020
Four Reasons to Invest in Emerging Markets
Forecasts by the International Monetary Fund also suggest that growth in emerging markets and developing economies in 2021 will be 6% due to improved fiscal, economic and monetary strategy, and structural reforms.
12/10/2020
Mercer forecasts UK pension risk transfer market to reach £60bn in 2021, with increased demand and innovation to drive activity
The increase is expected to be driven by a variety of factors, including better affordability as more schemes mature, increased demand from schemes and sponsors following the pandemic and innovation to meet the challenges faced by defined benefit (DB) pen
12/09/2020
Advice firm founder dies
She spent nearly 30 years in the industry
12/09/2020
Leveraged finance: stepping into the void
Engaging with an experienced and responsive independent loan administrator can help eliminate the operational challenges and risks mid-market direct lending funds face. This can result in optimised operations and improved data and reporting quality.
12/09/2020
ASI buys £5bn property fund manager in growth push
ASI it to acquire 60 per cent of Tritax Management, a specialist logistics real estate fund manager with assets under management of £5.1bn throughout the UK and Europe.
12/09/2020
Almost £2bn could be wiped from London economy with threatened rise in Capital Gains Tax
London Central Portfolio (LCP) has conducted an analysis to demonstrate the potential adverse impact on the residential property market and wider economy by considering the effect of the previous property tax hike in 2016. LCP reports:
12/08/2020
Fund fees down 31% but 'cost sensitive' advisers eye further cuts
“This is because, in a lower return environment, cost will become a bigger drag on performance.”