Ebbani Juneja

1 week ago | citywire.com | Sophie Downes |Jack Gilbert |Dylan Lobo |Ebbani Juneja

M&G has announced a distribution partnership with Dai-ichi Life, which will see the Japanese insurance giant take a 15% stake in M&G. Under the deal, M&G will become Dai-ichi Life’s ‘preferred asset management partner’ in Europe, with M&G expecting to generate $6bn (£4.5bn) in net flows from the partnership over the next five years.

1 week ago | citywire.com | Miles Costello |Sophie Downes |Dylan Lobo |Ebbani Juneja

Mattioli Woods has announced it will combine with Kingswood Group, in a merger expected to be approved later this year. The combined companies will serve over 25,000 clients with £25bn in assets under administration and advice. It will also mean the combined firm has more than 40 offices with over 200 advisers. Already have an account? Do you personally advise on or manage investments for clients?

1 week ago | citywire.com | Sophie Downes |Algy Hall |Dylan Lobo |Ebbani Juneja

As May winds to a close, the month has brought with it a new crop of companies claiming Citywire’s top AAA Elite Companies rating. Only one-tenth of the stocks held by the top portfolio managers Citywire tracks attain a top rating each month based on the number of Elite Investors backing their shares and the conviction they show. We’ve taken a look at the three companies that have experienced the biggest increase in popularity over the month to be elevated to an AAA rating in May.

1 week ago | citywire.com | Sophie Downes |Dylan Lobo |Ebbani Juneja

Veteran Baillie Gifford Shin Nippon manager Praveen Kumar is stepping down following a review of the struggling trust. Kumar (pictured), who had managed the investment company for 16 years, will be replaced by deputy portfolio manager Brian Lum as lead manager, with Jared Anderson appointed as deputy.

1 week ago | citywire.com | Sophie Downes |Dylan Lobo |Ebbani Juneja

Today we reveal the winners of the best fund group awards. The winning fund groups generated the highest risk-adjusted return in their investment sector over seven years to the end of February 2025. The methodology can be found here. Already have an account? Do you personally advise on or manage investments for clients?