Paul Walsh

L&G completes Cala Homes purchase for £315m

Legal & General Capital (LGC), the principal investment arm of UK insurer Legal & General, has completed its takeover of Scottish-based housebuilder Cala Homes in a deal worth £605m ($839m) in total.

Allianz Global Investors vice-chair to lead UK impact investment unit

Prime minister Theresa May has asked the vice-chair of Allianz Global Investors Elizabeth Corley to lead an industry taskforce on impact investment in the UK.

M&G Real Estate strikes €100m German office deal

M&G Real Estate, the real estate fund management arm of M&G Investments, has financed the construction of a €100m ($123m) office development in Dusseldorf, Germany.

JP Morgan's insurance AuM surpasses $100bn

JP Morgan Asset Management (JPMAM) has revealed its global insurance solutions business now manages more than $100bn in assets.

SLA hopeful of resuming Scottish Widows mandate after insurance sale

Standard Life Aberdeen (SLA) is hopeful that selling its insurance business will give it a chance to re-tender for the £109bn ($152bn) Scottish Widows asset mandate.

Lloyds reports "a lot of interest" in £109bn Scottish Widows asset mandate

Lloyds Banking Group has been flooded with enquiries about managing £109bn ($139bn) of Scottish Widows assets, after announcing the sacking of current manager Standard Life Aberdeen (SLA).

Lloyds Banking Group plotted merger with Standard Life Aberdeen

Scottish Widows terminates £100bn Standard Life Aberdeen contract

Lloyds Banking Group has axed the mandate it had with Standard Life Aberdeen to manage £109bn ($153bn) of assets for the bank's Scottish Widows insurance business.

Folksam invests $350m in sustainability bond

Swedish insurance group Folksam has invested $350m in a bond issued by the World Bank that will fund projects consistent with the UN's Sustainable Development Goals (SDGs).

Allianz GI bolsters renewable energy fund with wind farm investment