Investment Banking News
Pinnacle to launch second UK affiliate
InvestorDaily Pinnacle Investment Management has announced it plans to launch a new affiliate from a team departing Royal London Asset Management. The asset manager has seen a number of global equities team depart the business including head of equities Peter Rutter and portfolio managers Chris Parr, Will Kenney, James Clarke and Niko de Walden. Rutter […]
Investors navigating sustainable wave
InvestorDaily A steady increase in sustainable investing (SI) assets under management (AUM) has been observed over the past two decades, according to Rachel Whittaker, head of SI research at Robeco, who told InvestorDaily that a notable acceleration has occurred in recent years. She identified three key drivers behind this trend: a heightened societal awareness and […]
Major moves in the M&A arena
InvestorDaily A number of significant mergers and acquisitions have taken place during the past year, while others have fallen flat or are still pending. From the emergency takeover of Credit Suisse by UBS to the completion of Perpetual’s acquisition of Pendal, 2023 was another year of significant mergers and acquisitions. But while some deals have […]
ASIC takes action to protect ‘new wave’ of retail investors
InvestorDaily Online trading providers are at risk of facing “strong regulatory action” by the Australian Securities and Investments Commission (ASIC) in relation to potentially harmful offers of financial products and services to retail investors. In a report published on Wednesday, the regulator observed that a “new wave” of retail investors had emerged from the COVID-19 […]
BNP Paribas takes all at Insignia Financial
Investor Strategy News It was a “Steven Bradbury-style win” for BNP Paribas, which has taken on full custody of the amalgamated Insignia Financial after being brought in as a stalking horse to get the cost down in MLC’s negotiations with J.P. Morgan. MLC was looking for a new home as NAB Asset Servicing (NAS) winds […]
What LEGO can teach us about the folly of ESG inclusions
Investment Magazine Earlier this month the world’s largest LEGO store opened in Sydney’s CBD. Visitors to the two-level 900sqm store marvelled at massive LEGO creations such as a Sydney Harbour Bridge with 549,378 bricks that took 3,630 hours to build. LEGO is the world’s largest toymaker and rated by Reptrak as the world’s most reputable […]