Seraphim Space is set to launch its own exchange-traded fund (ETF) dedicated to space technology. The asset manager registered Seraphim New Space Ucits ETF with the Central Bank of Ireland last week, it has been reported. It will launch its ETF via white-label issuer HANetf.
Wealth Management
Private equity firm WestBridge and investment management firm Foresight Group relied on a high-profile slate of corporate finance, legal and transaction advisors to close its acquisition of a majority stake in financial advisor Beckett Investment Management. WestBridge was advised on the transaction
Ownership of investment trusts in the UK has fallen to a five-year low despite growth in the UK's DIY investing market, according to Boring Money's research. It found that around 9% of UK investors own an investment trust - the lowest level since Boring Money began collecting its data in 2021.
AJ Bell has updated its logo in a bid to reinforce its "feel good investing" campaign. The investment platform confirmed it will keep its brand name the same, but will be launching a new logo that will feature a bell as the front graphic with a new font and colour palette from September 5 on its dir
Royal London has identified seven funds needing improvement in its latest Assessment of Value (AoV) report after a "demanding" year for investors. The Edinburgh-based asset manager highlighted that seven of its 40 funds were "flagged for review", five funds had "a potential issue", and two of the fu
Continuum founder Martin Brown has announced he will retire and step down from his role as managing partner at Continuum at the end of August after more than a decade leading the firm. Mr Brown, who has spent more than 30 years in the advice sector, founded Continuum in 2014 with a vision to create
Aberdeen Asia Focus (AAS) confirms it has comfortably beaten the benchmark for its five-year performance conditional tender test by nearly 30% - meaning no tender will be triggered. The board revealed its performance has "significantly exceeded" the MSCI AC Asia ex Japan Small Cap Index by 29.4%. Ov
Andy Burnham’s ‘missing’ economic advisers signals major risk for UK markets, warns deVere group CEO
Andy Burnham's absent economic advisers are a warning sign for UK investors, according to one of the world's largest independent financial advisory organisations.
Baillie Gifford concluded that all 30 of its funds delivered value for investors in the year to 31 March 2026, despite several funds suffering from a "sustained period of weak returns". The Edinburgh-based asset manager pointed to broader market trends in two areas in its latest Assessment of Value
