04/03/2018
LCCG completes the acquisition of Reliance Mutual
Reliance Life has approximately 200,000 policies and manages assets of £1.9 billion from its offices in Tunbridge Wells, Kent.
Alternative Investments
04/03/2018
Two more providers axe free TVAS reports for advisers
Following inducement concerns
04/02/2018
Thesis AM plans to roll out decumulation portfolio service
Another part of fund will be invested in higher-risk growth assets to increase the portfolio’s value over time.
03/30/2018
Mirae Asset, NH Investment seek to resell $94 mn stake in London building
Mirae Asset and NH Investment snapped it up in an auction and completed the payment on March 28, on expectations that the London office market has room for further growth in price.
03/30/2018
Paris-based fund manager renames its Taiwan unit
As a SITE licence holder, the company can now offer and develop onshore funds, and provide fund management services to domestic investors.
03/29/2018
FIIG Securities announces global expansion
The opening of this office is a major milestone, giving European investors more direct access to the Australian corporate bond market.
03/28/2018
Zurich to acquire Oak Underwriting from RSA Insurance
David White, Head of Retail at Zurich UK, said: “Today’s announcement accelerates the growth of our high net-worth business, giving us significant scale in the market and transforming us into one of the largest providers.
03/27/2018
Ex-Strategic Equity star seeks £100m for Odyssean trust
The Company’s portfolio will typically consist of up to 25 holdings, with the top 10 holdings accounting for the majority of the Company's aggregate net asset value, across a range of industries.
03/27/2018
AIMA, ACC publish guidance on valuing alternative investment fund assets
The guide, now in its fourth edition, is sponsored by PwC.
03/27/2018
STM posts 43% jump in pre-tax FY profit
The company declared a final dividend of 1.2p per share, up from 1p in 2016.
03/26/2018
UK pensions gender gap widens in past decade, figures show
Average single woman receives £85 less than a man, up from a £31 income gap in 2006-07
03/26/2018
Raisin Launches ETF Portfolios in Cooperation with Vanguard
Starting today German customers can access the new products online – and thus participate in the performance of capital markets in a diversified manner.
03/26/2018
SGG Depositary Netherlands obtains AIFMD depositary license
SGG Depositary Netherlands is now one of a select group of independent, non bank, depositaries in the Netherlands.
03/26/2018
Shore Capital almost doubles profits despite ‘political uncertainty’
The Aim-listed company said pre-tax profits jumped 91.7 per cent to £4.6m from £2.4m in 2016.
03/26/2018
Vanguard joins fintech company for German market push
World’s second-biggest fund manager plans to open Frankfurt office this year
03/26/2018
Schroders launches global in-residence programme for tech start-ups
Schroders is specifically targeting tech companies which have progressed beyond the conceptual or early-growth stage that offer solutions relevant to investment management.
03/23/2018
Corbyn’s plans to remould UK economy ‘risk scaring off investors’
Survey finds Labour policies of widespread renationalisation are proving a deterrent
03/23/2018
CEE continues to lure South African real estate investors - TMF
The South African property sector is robust, thanks to experienced shareholders, a huge consumer base and space for development.
03/23/2018
KBIGI Successfully Maps Revenue Impact Of Constituent Portfolio Holdings To Sustainable Development Goals
The impact on communities, the environment and industries resulting from the work being undertaken is high, but the range of solutions being delivered – even within a single company – means measuring impact at the portfolio level has been diff
03/22/2018
QCR Holdings agrees to acquire Bates companies
As of 31 December 2017, the Bates companies had about $700m of assets under management.