Aegon set to sell annuity book to Rothesay – report
Rothesay Life, the UK-based insurer is in exclusive talks to buy Aegon’s £9bn UK annuity book, Reuters has reported.
Rothesay Life, the UK-based insurer is in exclusive talks to buy Aegon’s £9bn UK annuity book, Reuters has reported.
Allianz Global Investors is set to purchase £24.1bn fixed income house Rogge Global Partners (RGP) for an undisclosed sum.
Axa Bank Europe, part of the global insurance and asset management giant Axa Group, has agreed to sell its Hungarian operation to OTP Bank in a move that will see it fully focusing on retail banking.
Barclays has emerged as a potential buyer of TD Direct Investing, one of the biggest retail stockbroking businesses in the UK, in a move that could create a challenger to current market leader Hargreaves Lansdown.
Intrinsic, part of Old Mutual Wealth (OMW), has acquired the Financial Adviser School from Sesame Bankhall Group (SBG).
Platform provider AJ Bell is set to launch its own range of funds after agreeing to acquire a small London-based investment management business for an undisclosed sum.
Old Mutual Wealth-owned adviser network Intrinsic is believed to have begun talks to buy Tenet, according to UK media reports.
Legal & General has further rationalised its offering by announcing the sale of Sipp provider Suffolk Life to Curtis Banks Group. The move follows L&G’s recent decision to dispose of non-core businesses, which saw it withdraw from France, Ireland, and Egypt in 2015.
Since Markowitz, multi-asset investing has been increasingly “en vogue”. The other trait that has caught the imagination – as well the attention of the regulators – is risk assessment.
Private medical insurer April has moved to expand its operations across the Asian region with the purchase of GlobalHealth Asia, an international health insurance company based in Hong Kong, for an undisclosed amount.
Aberdeen Asset Management’s acquisition of Parmenion Capital partners and its sister company, Self Directed Holdings, is now complete, the firm announced on Tuesday.
Fund service provider JTC Group has completed its acquisition of GAM’s Cayman Island-based fund administration business.