07/31/2023
Link Fund Solutions appoints PwC to advise on £235m Woodford redress scheme
Further details of the compensation scheme expected to be announced in September
Alternative Investments
07/31/2023
Surprise! A once-in-a-decade chance to turn £30K into ultra-high-yield passive income
Yet many UK shares are priced as if that isn’t the case, with ultra-high yields now the norm across many sectors.
07/31/2023
Copia Capital Management launches retirement portfolios
They will be available across 17 platforms
07/31/2023
Marlborough buys stake in UK advice firm
The independent status of the IFA company will not be affected by the investment
07/28/2023
Brighter Consultancy expands into Irish market with Dublin office
As the company celebrates its fifth year in business, Brighter has announced its expansion into Ireland.
07/28/2023
Marlborough takes stake in national advice firm
The investment, which has been approved by the FCA, is to support the national advice firm’s ambitious growth strategy.
07/28/2023
PwC appointed to oversee Woodford compensation scheme
Link Fund Services has written to investors in the fund with an update on the progress of the settlement agreed with the Financial Conduct Authority.
07/27/2023
Hansard Global: New business results for the year ended 30 June 2023
We are confident that our new product pipeline will lead to increased sales and long term growth in the business.
07/27/2023
abrdn to merge GARS into diversified asset funds
Following strategic review
07/27/2023
Investing in alternative assets during volatile times
Describe how alternative investments perform in a high-inflation environment
07/26/2023
European Private Credit Investor Apera Asset Management Adds Kudu Investment Management as Strategic Investor
To date, funds managed and advised by Apera have made 60 investments in companies, mostly in the information technology, healthcare, consumer discretionary, and financial sectors.
07/26/2023
Unite £300m capital raise breathes new life into the REIT market
Unite has forecast +7% rental growth for the next academic year and at least +5% for the year after.
07/26/2023
Compass reiterates full year guidance as organic revenue growth boosts Q3 numbers
As a result, guidance was reiterated with organic revenue growth of 18% expected, alongside an underlying operating margin in the range of 6.7%-6.8%
07/26/2023
Bristol-based Integrity365 acquires two Scottish IFAs
The firm acquires MacDonald Partnership and Hart Wealth
07/26/2023
Phoenix Group and Macquarie Asset Management provide £58m funding for affordable housing
The properties have been earmarked to house those currently homeless or in temporary accommodation providing a longer duration of tenure.
07/26/2023
abrdn Smaller Companies Income trust to merge with Shires Income
Following strategic review
07/26/2023
155-year old Investment Company selects new investment manager
Chelverton Asset Management
07/26/2023
Greek private sector bank deposits rise again in June
Greek banks' deposit inflows have been rising since the lifting of COVID restrictions last year
07/25/2023
Weakest rise in UK private sector output for six months 'reignites recession worries'
Flash UK Composite Output Index
07/25/2023
Advisers unsure how to advise clients on consumer duty
With the FCA warning it will act faster and more assertively where firms fail to meet the requirements of the duty