Industry
Generali to invest €3.5bn into ‘green’ sectors
Italy’s Generali Group is to increase investments in “green” sectors by €3.5bn (£3.1bn, $4.3bn) by 2020, mainly by ploughing money into bonds that finance environmentally beneficial projects and investing directly in cleaner infrastructure.
M&G not liable after son steals from account
In a cautionary tale for investors passing down family names, the UK Financial Ombudsman Service has rejected a complaint from a man whose identically named son was able to fraudulently withdraw money from his M&G Securities account.
AJ Bell considers IPO – report
Investment platform AJ Bell, which sits on assets under administration of close to £40bn ($55.8bn, €45bn), is considering plans to float on the public market, according to reports.
Rathbones eyes financial planning expansion
Rathbone Brothers is planning to develop its financial planning proposition more aggressively this year after nearing its target of £40bn ($55.8bn, €45bn) funds under management.
UAE lessons to drive Hansard’s global growth
Hansard’s UAE strategy is starting to pay off and is providing the template for other regions, chief executive Gordon Marr told International Adviser.