News

Scottish Widows likely to split SLA assets among several managers

Scottish Widows is likely to allocate the £109bn ($153bn) it is pulling from Standard Life Aberdeen (SLA) among "several asset managers," according to Bloomberg.

Scor raises €1bn of third-party assets in 2017

Scor Investment Partners, the asset management arm of Scor, raised €1bn ($1.2bn) of assets from external institutional investors in 2017, the company said today.

M&G grows European real estate portfolio with Parisian office purchase

ASI launches first European property fund for insurers and pension funds

Aberdeen Standard Investments (ASI), the asset management business of Standard Life Aberdeen, has launched a European Residential Property Fund targeting insurers and pension funds.

Axa IMRA continues European drive with Belgian office deal

Willis Towers Watson combines investment with insurance offering

Swiss Re US earnings face volatility from GAAP accounting change

Swiss Re has warned investors that new US accounting methods for equity and some alternative investments could lead to greater volatility in its US earnings when stock markets fluctuate.

Anbang to get $10bn rescue injection from industry fund

Bailout to support troubled insurer

MetLife buys €100m green bonds

MetLife Investment Management, the asset management arm of US insurer MetLife, has purchased €100m ($123m) of green bonds from WDP, a real estate investment company based in Belgium.

Lloyd's sets criteria for coal divestment policy, but activists say it's not enough

Lloyd's of London will not invest in firms which have 30% or greater of their revenues or electricity generated from coal, produce 20 million tonnes plus of coal a year or operate 10GW or greater of coal-fired power stations, climate activists said today.