The parent company of Threadneedle Investments is set to make an £800m bid for Scottish Widows Investment Partnership, the fund management arm of Lloyds Banking Group. Ameriprise Financial, a New York-listed giant with a market value of close to £10bn, is leading a pack of bidders for
Read more →UK Retail Investment Industry Social Media Insights Once again the time has come for the production of Fishtank’s latest Quarterly Social Media Intelligence report for the UK Investment Management industry. As we work our way through our detailed ‘Listening’ criteria and review preliminary results, already there is
Read more →We came across this commentary while reading the Perpetual Limited, Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) for the six months ended 31 December 2012, and thought it was a useful summation of how the the Australian regulatory environment continues to be subject to significant
Read more →L&G this week acquired the 75 per cent of Cofunds it did not already own for £131m following months of negotiations between the businesses. Cofunds is currently the largest platform in the UK with around £50bn in assets, and the deal values the platform at £175m (to be
Read more →Legal & General Investment Management (LGIM) has announced the promotion of Andrew Hitchings to Head of UK Institutional Business. In his expanded role, he will be responsible for ensuring that LGIM focuses on developing and delivering an exceptional client experience. Andrew joined LGIM in September 2012, as
Read more →A Schroders’ equities fund has bought about a £135m stake in St James’s Place, after Lloyds Banking Group said it planned to reduce its ownership in the wealth manager. Lloyds said yesterday it had employed Bank of America Merrill Lynch to sell down a roughly 20% stake in St James’s Place, which
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Read more →Earlier this month Fishtank released our most recent ‘Social Media Intelligence – Retail Distribution Review (RDR) UK’ Report covering the months of November, December and January 2013. Findings from the current quarters research continue to confirm that relevance of Social Media across the industry, and the increasing
Read more →Fishtank Solutions has invested heavily in dynamic social media listening/ research focused on the Australian Superannuation and Investment Management industry. The findings from our dynamic research have been revealing and surprising. The following observations are illustrated from January 2013, whereas our Social Media research covers six month
Read more →Life assurance firm Phoenix Group has rejected a raft of takeover bids for Ignis said to be in the region of £400 million, according to reports. According to Sky News, the bids were made at the end of last year with the news broadcaster claiming Aberdeen Asset Management
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