Swiss Life Asset Managers UK chair to step down
Swiss Life Asset Managers UK chair and former CEO James Thornton is set to leave the business on 30 April.
Swiss Life Asset Managers UK chair and former CEO James Thornton is set to leave the business on 30 April.
Morningstar has downgraded Fundsmith Equity from ‘Gold’ to ‘Silver’ after a “number of missteps” on four recent stock sales “hurt performance”.
Digital 9 Infrastructure has completed a £273.5m repayment and partial cancellation of its revolving credit facility, after receiving the proceeds from its sale of Verne Global.
US Solar Fund is set to reveal the outcome of a range of potential solutions to bolster the company’s cash flow and return capital to shareholders, as the audited net asset value of the trust fell roughly 20% over the course of 2023.
Excuse the subject line but I’ve not been able to get it out of my head since reading News Editor Valeria Martinez’s fascinating conversation with AEW Europe CEO Rob Wilkinson, whose firm took on management of Home REIT at the top of last summer.
Early exit fees are the “wrong solution” to the gating stories that have emerged from semi-liquid private markets funds, experts have said, while pointing to a better sales pitch and education as the potential answer.
Union Bancaire Privee has hired Brown Shipley’s Boryana Perfanova as a senior investment adviser.
Princess Private Equity Holding (PEY) trust has updated its share buyback policy due to its “high” discount.
Baillie Gifford Shin Nippon has committed to a one-off performance-triggered tender offer for up to 15% of its share capital, in light of the trust’s weak returns over the past five years.
Doug Abbott, head of UK Wealth at Schroders, is set to depart the firm after 15 years, having joined the asset manager as a graduate trainee in 2008, Investment Week can reveal.