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Boutique fund manager Mayar Capital announces three new hires

Boutique asset management trade body, the Independent Investment Management Initiative (IIMI), has published a new paper, Strengthening the UK’s Asset Management Industry, detailing how the UK government could stimulate future growth in the asset management sector .

LOIM launches SFDR Article 9 compliant fund for the UK Environment Agency

In the US, the Nasdaq index is currently in a bear market, down 27 percent from its high of 16057.44 in December 2021. The S&P500 index is also down 18 percent, meaning it also looks close to entering a bear market.

Berlin tech start-up Fyrfeed has received €2 million from investors as part of a seed financing round.

Listed asset manager M &G has invested in the first fund by Northern Gritstone, a new investment business focused on university spin-outs in Northern England.

Ogier partner supports Guernsey proposals for world's first Natural Capital Fund regime

Private client, corporate services and fund administration business Oak Group has appointed James Tracey as managing director of its Guernsey funds business.  

Asset and wealth manager AssetCo is set to acquire fund manager River and Mercantile Group (RMG).

Investor interest is growing in income, multi manager and real asset products, according to the Group of Boutique Asset Managers (GBAM).