View more on these topics

First Quadrant acquires Prolific Objective Asset Management

Investment managers First Quadrant has acquired London-based Prolific Objective Asset Management.


The deal will increase Quadrant&#39s £8.5bn in assets and overlays via the London office by about 10 per cent.


POAM managing director Philip Ainsworth says: “The fit of our expertise and products with First Quadrant is excellent and offers genuine opportunities for us to build business across major markets.”

Recommended

Cost of home ownership continues to rise in London

The cost of owning your own home has fallen throughout the country, as it continues to rise in London.Cheltenham & Gloucester&#39s latest Affordability Index shows Londoners pay £35 out of every £100 of take home pay, an increase of £1.00 on the pervious index.C & G say the increase in property prices has been more […]

Federation of Small Business calls for retention of carry-forward and carry-back

The Federation of Small Business is calling on the Inland Revenue to retain carry forward and carry back provisions in personal and stakeholder pensions.The Federation says it has countered the Inland Revenue&#39s arguments for simplicity with the need for flexibility.The Revenue argues that representations from pension providers intimated the carry-forward provisions were complex and difficult […]

National Mutual Launches Executive Drawdown Plan

National Mutual has become the second provider to launch an Executive Drawdown Plan.The aproduct is available as a transfer plan or may be written under the rules of an existing scheme.The plan allows members of schemes to take their tax free cash and draw an income from the remaining fund prior to purchasing an annuity.The […]

CGU and Societe Generale in joint bancassurance talks

CGU and Societe Generale have resumed talks about setting up a bancassurance joint venture.Three months ago CGU helped SocGen fight off a takeover bid by its rival Banque Nationale de Paris.CGU&#39s controversial investment in SocGen attracted criticism from the French stock market. However CGU group finance director Peter Foster says the company made £85m profit […]

The Great British Break-Off

Despite predictions that a vote to leave the European Union would result in an economic apocalypse, UK equities have shown the market equivalent of a stiff upper lip: bouncing back, keeping calm, and carrying on. Although the road towards Brexit remains clouded in uncertainty, UK equities offer a range of opportunities to investors seeking returns […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment