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HSBC boosts funds in asset management arm

HSBC Global Asset Management has grown its funds under management by 13.4 per cent year on year as the largest European bank doubles its pre-tax profit for the period. In its full year results published today, the lender reported total group funds under management of $943bn (£675.6bn) at 31 Dec 2017,  up from $831bn in […]


NMBA spikes paraplanner apprenticeship after Govt funding shortfall

The New Model Business Academy received just over half the Government funding for its apprenticeship programme it was hoping for, which has led to paraplanner and administrator apprenticeships being shelved. NMBA, which is part of the SimplyBiz Group, announced earlier today it is opening applications for its apprenticeship programme this week. In December, it received […]

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Tenet profits spike but margins remain thin

Tenet has reported a 40 per cent increase in profit despite taking a hit on a failed employee benefits venture. The network, which operates an investment network, a mortgage and protection network and a directly authorised support service, reported a 10 per cent increase in turnover to £168.6m. However, margins remain thin, with profits coming […]

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Aviva scores another bulk annuity deal in new growth strategy

Aviva has secured the latest deal in its bit to write more bulk annuity business. A decade after two financial support directions were imposed, the Sea Containers 1983 Pension Scheme has been insured by Aviva in a bulk annuity deal. Aviva’s £187m buy-out will allow trustees to secure benefits in access of Pension Protection Fund […]


India Q&A: A market with momentum?

Kunal Desai, Head of Indian Equities, Neptune India is in the midst of a significant transformation, with Prime Minister Narendra Modi undertaking an ambitious reform agenda. But what is the current state of the market and what makes India an attractive investment story today? Read the article here For investment professionals only – not for […]


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