08/14/2019
M&G Prudential to demerge from Prudential plc
Ultimately, becoming an independent company means we will have more flexibility and freedom to serve you better.
Alternative Investments
08/13/2019
Draghi’s Final Stimulus Push Keeps Bond Investors in Suspense
ECB is giving few hints on its approach to a fresh round of QE
08/13/2019
Digital healthcare firm secures GBP650k funding for patient app
It provides digital triage, supports personalised rehabilitation programmes and allows clinicians to monitor patients’ progress and access patient-reported data and feedback.
08/13/2019
Fund Giant Has a $6.3 Billion Target On Its Back
Standard Life Aberdeen is lagging far behind its peers and looks ripe for a breakup.
08/09/2019
Zurich UK profit up 74% as life business falls slightly
New life business value shows 38% increase
08/09/2019
Part-timer Jacob Rees-Mogg lines up £1m payday
Under a complex formula, part of the profit will go to Mr Rees-Mogg, one of the most prominent Brexit-supporting politicians
08/08/2019
Parmenion launches solution due to ‘adviser demand’
The company says that since pension freedoms, advisers have had “increasing responsibility” for helping clients manage their income in retirement.
08/08/2019
UK largest listed fund manager provides mixed update for investors
Group sees steady rise in assets under management, however net outflows of funds continue
08/08/2019
M&G acquires landmark office in Edinburgh for international investor
M&G Real Estate said it had a long-standing presence in Edinburgh and continued to invest heavily in the city, most notably as part of the 4-acre mixed-use Haymarket development.
08/08/2019
Aviva reports steady results and confirms review of its Asian business
The first half results were rather mixed with profits from general insurance up 29% but those from life insurance and fund management were both down.
08/08/2019
Savills Blames Brexit and HK Protests for 12% Drop in Profits
Savills group chief executive, Mark Ridley, said the drop in profit was due to political and economic uncertainty in many markets, particularly in the UK and Hong Kong
08/07/2019
What future do boutique fund managers have?
Many believe this is a direct consequence of complex and costly post-crisis regulation.
08/07/2019
Hargreaves Lansdown bosses give up bonuses in wake of Woodford woes
It is also believed that company bosses will restate their call for Mr Woodford to drop his management fee for as long as the fund remains suspended.
08/07/2019
Hedge funds short Jupiter and Schroders amid fund industry woes
Steven Cohen among the short sellers betting against the UK investment industry
08/06/2019
Swiss Re subsidiary makes $515 million acquisition
The transaction will mean passing on 200,000 customer policies
08/06/2019
London property developments expect proximity to famous landmarks will boost sales, prices
Greenwich Peninsula, Marylebone Square and Battersea Power Station bank on iconic buildings and addresses to attract buyers
08/05/2019
KKR to acquire majority stake in German fintech heidelpay from AnaCap
KKR will acquire a majority shareholding in the company, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.
08/05/2019
The Times view on Al Rayan bank: Finance for Fundamentalism
A bank owned by the Qatari state is providing services to Islamist-linked British groups that have been shunned by other UK banks.
08/05/2019
Alternative finance pioneer looks to offload peer-to-peer holdings
The move comes as the industry falls under increasing scrutiny following the collapse of peer-to-peer lender Lendy
08/05/2019
UK plc posts weakest performance in three years as economic slowdown takes its toll
The top-line performance was poor for larger and smaller companies alike.