08/24/2023
Macaulay Investors Successfully Exit Qualification Check
Macaulay investors first invested in QCL in 2017 and supported a follow-on funding round in 2021.
Alternative Investments
08/24/2023
Fiona Frick: Applying Tolkien philosophy to sustainability
Investors face a dichotomy in objectives, balancing the pursuit of long-term returns while minimizing short-term active risk.
08/24/2023
Perpetual merges regional asset management businesses under one global umbrella
The Group consists of regional asset managers Perpetual, Pendal, Barrow Hanley, J O Hambro, Regnan, Trillium and TSW; has appointed a new chief executive for the global division.
08/24/2023
Bounce in European property stocks: false start or turning point?
The index outperformed the broader market in July by as much as 10 percentage points before a volatile August
08/23/2023
BlackRock partners with Richard Branson-backed platform to launch money market funds
Lower costs and barriers to entry
08/23/2023
Majority set to increase DeFi investment engagement, Nickel Digital research says
A further 23 per cent reported that such investments are becoming much more attractive.
08/23/2023
Pensioners need nearly £69,000 more than in 2022 to enjoy a ‘comfortable’ retirement
To generate that £4,200 additional pension income, pensioners would need a private pension pot of around £598,700, an additional £68,700 compared with April 2022.
08/23/2023
Loyal North buys Paul Wallis Financial Solutions to boost southeast presence
The acquisition will bring a total of £40m of client funds to the group.
08/23/2023
Hawksmoor IM's Daniel Cartridge: Investment trust interests must be better aligned
Clients need to be protected
08/22/2023
Office time of average London worker falls to just three days
This is having notable impacts on demand for office real estate, which cities and businesses will have to reckon with in the coming years.
08/22/2023
Axa set to cut 90 asset management jobs
Choppy markets hit Paris-based insurer’s revenues and asset base, resulting in need to streamline asset management arm.
08/22/2023
Jupiter swaps benchmark and reduces annual fee for Responsible Income fund
Investment policy update
08/22/2023
Altum Group acquires Link Luxembourg
It is authorised to deliver management company services to alternative investment funds and open-ended mutual funds within the EU.
08/21/2023
Norway wealth fund CEO ‘staying put’ in commercial property
Poor returns in unlisted property and renewable energy infrastructure pulled down the wealth fund’s performance in the first half of the year, forcing it to miss its benchmark by 23 basis points.
08/21/2023
CII launches training for business owners
The Building a World Class Advisory Practice programme is specifically aimed at helping business owners grow and develop their business with structured and practical support.
08/21/2023
Aviva chief calls for extension of cap on fire-safety costs to England’s low-rises
Thousands of leaseholders in blocks of flats under 11 metres face bills to replace cladding six years after Grenfell disaster
08/21/2023
London-focused challenger Cynergy Bank secures £20m funding boost
It was launched in 2018 after the Bank of Cyprus spun out its UK operation in a £103m deal to the Cynergy consortium.
08/21/2023
Canada Life reports record-breaking annuity sales
It added that this has driven demand from customers for guaranteed income products.
08/18/2023
World’s largest SWF's half-year returns powered by big AI bets
Norges Bank Investment Management’s interim report shows a strong weighting to technology has reversed 2022 downturns, but it called for the regulation of artificial intelligence.
08/18/2023
Columbia Threadneedle UK equity head defends income strategy amid outflows
Jeremy Smith says Richard Colwell’s retirement is not to blame for investors pulling money.