03/15/2023
MPS use of active funds declined in 2022
The second half of last year also saw a 12 per cent drop in platform MPS sales among IFAs, with £22.5bn sold.
Alternative Investments
03/15/2023
Odey reopens European hedge fund - reports
Odey European, the company's flagship hedge fund, will now start to accept new investors again, according to an investor letter reported by Financial News.
03/15/2023
abrdn Latin American Income trust proposes liquidation
Cash proceeds returned to shareholders
03/15/2023
Howden buys Liechtenstein broker
Howden Switzerland established operations in 2021 and has grown to include 75 employees across seven offices in Zurich, Bern and Zug.
03/14/2023
Advanta Solutions adds £65mn in AUM with adviser deal
This deal marks Advanta’s sixth acquisition in the past 18 months and adds £65mn in assets.
03/14/2023
Abrdn confirms closure of Bruce Stout fund
The 120 funds initially placed under review accounted for about £7bn of assets under management.
03/14/2023
Hundreds of millions in child trust funds not claimed
Those in low-income families or in local authority care received an additional £250.
03/14/2023
ZEDRA completes rebranding of AlleyBe Group
These include private wealth solutions, accounting and financial reporting services, tax compliance, asset protection and estate planning, fintech services as well as advisory services for marine and aviation structures.
03/14/2023
Private Equity Wire hands out European Awards
Private Equity Wire has announced the winners of its European Awards 2023, which recognise excellence among private equity fund managers and service providers in Europe across a wide range of categories.
03/13/2023
Robeco comes top for sustainability in ShareAction report
Robeco has again been ranked the world’s top manager for sustainable investing in the ShareAction Responsible Investment Benchmark report.
03/13/2023
Sipp provider founder Colin Barral dies
Throughout his career, Barral was known for his "infectious enthusiasm" and his drive to create opportunities for others.
03/13/2023
Treasury consultation on PRIIPs good news for advisers, experts say
Both were launched in December 2022 and have similar objectives.
03/11/2023
Aviva plc 2022 Results Announcement
Our core businesses in the UK, Ireland and Canada grew in 2022, and contributed to a very strong, all round performance.
03/10/2023
Digitalisation and the Energy Transition: Opportunity Knocks
The ‘Commodities and Energy Transition’ and ‘Digitalisation’ clusters represent more than 70% of the holdings in the MI Chelverton European Select Fund.
03/10/2023
Another financial advice firm becomes employee-owned
Founder says it was the ‘most logical next step for the company’s future’
03/10/2023
Platforms must adapt to advisers’ needs
They have an important role to play when developing their proposition for advice firms
03/10/2023
ImpactA Global launches to finance sustainable infrastructure projects in the Global South
ImpactA will fund projects across the four main sectors of clean energy and renewables, sustainable mobility, health, and water and sanitation.
03/09/2023
Darktrace remains UK tech champion despite recent short selling attack
Similarly, the churn rate has risen from 6.2% to 6.5% and while this is clearly in the wrong direction, the company has sold more to existing customers so once again is not too much of a cause for concern.
03/09/2023
Abrdn must find a way through turbulent waters
But five years after the deal completed, with the firm having gone through three different chief executives and several company names, the share price of the combined business is 45 per cent lower today than it was then.
03/09/2023
Legal & General Group PLC Preliminary Management Report 2022
Full year dividend of 19.37p, up 5% (2021: 18.45p), consistent with our ambition