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Alternative Investments

05/21/2024

BNP Paribas set to buy French life insurance business Neuflize Vie from ABN Amro and AXA

Neuflize Vie provides high-net-worth individuals, families and businesses with life insurance policies, retirement and estate planning services, and insurance products linked to investment portfolios.

05/21/2024

Allspring adds global equity fund to climate transition suite

The main change is the introduction of a formal net-zero 2050 target.

05/21/2024

Lazard launches US small cap equity Ucits fund

It will typically hold 350 to 400 stocks with the objective of outperforming the Russell 2000 Index over a full market cycle.

05/20/2024

Abrdn reduces adviser platform charges following upgrade

The firm has reduced the number of pricing tiers from four to three and removed the administration charge on its Wrap Sipp.

05/20/2024

New Semiconductor Institute welcomed by UK chip sector as part of £1bn strategy

It is one year since the UK government published its semiconductor strategy.

05/17/2024

Standard Life sets out plan to tackle financial vulnerability

The rising cost of living is a major factor, and other drivers include an ageing population, rising rates of obesity and mental-health disorders.

05/17/2024

Ares Management, CDPQ, and Schroders Capital announce EUR 750 million financing for expansion of Vantage Data Centers’ EMEA platform

Ares and CDPQ are providing up to EUR 300 million respectively, and Schroders Capital is contributing up to EUR 150 million.

05/17/2024

UK asset owners optimistic on fixed income opportunities

Additionally, 28% express confidence in increasing credit risk exposure, underlining a cautious yet discerning approach among investors.

05/16/2024

Labelling rules could boost sustainable investing interest

Investors don’t believe the label being put on these products.

05/16/2024

abrdn relaunches two fixed income portfolios as part of ongoing consolidation

Gives ii investors exclusive access to new fund

05/16/2024

Are successful fund managers just lucky?

The Squeeze: Sample sizes will never be big enough to know whether an investor is good or lucky

05/16/2024

UK Fund Managers Vent Frustration Over Stalled ESG Policies

The UK government has repeatedly backtracked on key green policies, including a decision last month to allow new gas-fired power plants.

05/16/2024

Ken Wotton not ecstatic over wealth consultant’s PE approach

He views its recent approach from Bridgepoint as an example of private equity exploiting distressed UK small cap valuations.

05/15/2024

Allianz increases operating profit by 6.8% to 4.0 billion euros

2024 operating profit target maintained at 14.8 billion euros, plus or minus 1 billion euros2

05/14/2024

Milecross Financial makes first in string of planned 2024 advice firm acquisitions

The deal adds £30m of assets and around 600 clients to the national advice firm

05/14/2024

DWS buys boutique that developed €1.8bn global fund

The German asset manager was already responsible for the management of the Arero - Der Weltfonds.

05/14/2024

Hargreaves Lansdown launches model portfolios using BlackRock’s passive funds

The investment platform is rolling out a range of passively-managed multi-asset solutions in response to the rising popularity of cheap trackers.

05/14/2024

Verve Foundation launches new cohort of financial adviser students

Those sponsoring the initiative enable new talent to enter the profession, helping to lower the barriers of cost and lack of experience.

05/14/2024

Asset managers report elevated gross retail sales in first quarter

Passive funds were the most popular purchase, accounting for 74% of all sales over the period

05/14/2024

Royal London loses £1.8bn mandate after Rutter’s exit

Australia’s Ironbark Asset Management is switching funds run by Royal London to former head of equities Peter Rutter and his new firm.

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