Latest news with #assetManagement
Yahoo
8 hours ago
- Business
- Yahoo
How much would someone need to invest to earn a £10k passive income each year?
One simple but common way to earn passive income is to buy shares that pay dividends. Dividends are never guaranteed, so this is not a surefire scheme. But I think it is possible to set up passive income streams with a fairly high sense of confidence in them lasting – by buying a diversified mix of shares in high-quality companies. To illustrate, if someone wanted to target £10,000 a year in passive income, here is how they could go about it. One practical step upfront would be to set up a way to actually buy dividend shares. To that end, the investor could look into options for a share-dealing account, Stocks and Shares ISA, or trading app. I mentioned above the idea of buying shares in high-quality companies that look promising when it comes to future potential passive income streams. Dividends are paid out of spare cash that a company does not want to put to other uses, such as building factories or hiring new staff. So I look for companies that already have proven business models and look set to keep being highly cash generative. As an example, one share I think investors should consider is FTSE 100 asset manager M&G (LSE: MNG). The company's business model is pretty simple and, thanks to the large sums involved, even modest fees and commissions can soon add up. M&G has a customer base in the millions across multiple markets. I reckon its strong brand is an asset when it comes to attracting and retaining clients. I also like the fact that its dividend policy is to maintain or raise its dividend per share each year. Dividends are never guaranteed at any company. So whether M&G is able to keep delivering on that aspiration (as it has done so far) will depend on its future business performance. One concern I have in that regard is M&G's recent struggles to tempt investors to bring in more new funds than they withdraw. If it cannot reverse that trends, it could mean smaller free cash flows in future. Something I like about M&G, though, is its high dividend yield of 7.8%. That means that £1,000 invested in M&G shares today will hopefully earn £78 of passive income annually. How much needs to be invested to hit a target annual income depends on yield. For example, at a more modest 5% annual yield, a £10,000 annual passive income would require a £200,000 portfolio. That 5% is still well above the FTSE 100 average. At different yields, a higher or lower amount would be needed. But as dividends are never guaranteed, I do not just chase yield. I always look at how a company earns its money and consider how sustainable its free cash flows look. What if someone wanted to target a £10,000 passive income but does not have £200,000 to spare? They could build up to it, even from zero today, by drip feeding some money regularly into their ISA or share-dealing account. The post How much would someone need to invest to earn a £10k passive income each year? appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool C Ruane has no position in any of the shares mentioned. The Motley Fool UK has recommended M&g Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better i</a>nvestors. Motley Fool UK 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Al Bawaba
2 days ago
- Business
- Al Bawaba
eToro launches target-date portfolios in partnership with Franklin Templeton
Trading and investing platform eToro announced today the launch of six investment portfolios in partnership with Franklin Templeton, a global leader in asset management, to help users invest for future financial goals with target-date portfolios are built to help investors work towards a financial goal over a specific time horizon. The portfolios automatically adjust their asset allocation and resulting risk profile over the course of the investment Target Portfolios incorporate Franklin Templeton's tactical asset-allocation insights and comprise diversified ETFs across sectors and geographies. Targeting 2028, 2030, 2033 and 2035 respectively, each portfolio automatically calibrates the weights of its equity and fixed income allocations based on the remaining time period. As the target year nears, the equity exposure is gradually reduced and the fixed income allocation increased, targeting a smooth transition from growth-focused investing to capital preservation without the need for manual addition to four target date portfolios, users can invest in FixedIncome-FT, a conservative portfolio which invests in 90% fixed income and 10% equity, and Equity-FT, a growth-focused portfolio that prioritises capital appreciation with a 100% equity allocation without de-risking over Assia, CEO and Co-founder of eToro said: 'We're thrilled to introduce this new suite of target-date portfolios in partnership with Franklin Templeton's asset allocation expertise. Whether you're investing to buy a house or to build a nest egg, target-date portfolios offer a hands-off way to help you stay on track with your financial goals. This is another step in our commitment to providing retail investors with long-term investment solutions, wherever they are on their investment journey.'Jenny Johnson, President and CEO of Franklin Templeton said: 'We are excited to partner with eToro. By combining our deep expertise in target-date ETF portfolios with eToro's cutting-edge social investing platform, we are able to offer outcome-based investment solutions to a broader audience, including digital-native younger investors. This partnership underscores Franklin Templeton's commitment to expanding its client reach through innovative distribution platforms, thereby maintaining its position at the forefront of the global digital wealth ecosystem.' Initial investments in the target-date portfolios start from USD$1,000. Users who invest at least USD$2,000 in the Target2030-FT portfolio between 1 July and 31 December 2025 will receive full capital protection as long as they hold their investments until maturity on 30 June 2030. Terms and Conditions apply.
Bloomberg
3 days ago
- Business
- Bloomberg
Amundi Says Clients Are Asking for Hedges Amid High Volatility
Amundi SA said institutional clients at Europe's largest asset manager are increasingly looking to protect themselves after a series of events this year boosted volatility. 'We are having a lot of requests from our institutional clients to buy puts to protect portfolios,' Jean-Jacques Barberis, head of the institutional and corporate division and ESG at Amundi, said in an interview.
Yahoo
4 days ago
- Business
- Yahoo
Form 8.3 - [ALPHA GROUP INTERNATIONAL PLC - 24 06 2025] - (CGAML)
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Full name of discloser: CANACCORD GENUITY ASSET MANAGEMENT LIMITED (for Discretionary clients) (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree ALPHA GROUP INTERNATIONAL PLC (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure 24 JUNE 2025 (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state 'N/A' N/A 2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security. (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any) Class of relevant security: 0.2p ORDINARY Interests Short positions Number % Number % (1) Relevant securities owned and/or controlled: 1,348,000 3.1864 (2) Cash-settled derivatives: (3) Stock-settled derivatives (including options) and agreements to purchase/sell: TOTAL: 1,348,000 3.1864 All interests and all short positions should be disclosed. Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions). (b) Rights to subscribe for new securities (including directors' and other employee options) Class of relevant security in relation to which subscription right exists: Details, including nature of the rights concerned and relevant percentages: 3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchase/sale Number of securities Price per unit 0.2p ORDINARY SALE 10,812 3025p (b) Cash-settled derivative transactions Class of relevant security Product descriptione.g. CFD Nature of dealinge.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit NONE (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Typee.g. American, European etc. Expiry date Option money paid/ received per unit NONE (ii) Exercise Class of relevant security Product descriptione.g. call option Exercising/ exercised against Number of securities Exercise price per unit (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealinge.g. subscription, conversion Details Price per unit (if applicable) NONE 4. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' NONE (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:(i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:If there are no such agreements, arrangements or understandings, state 'none' NONE (c) Attachments Is a Supplemental Form 8 (Open Positions) attached? NODate of disclosure: 25 JUNE 2025 Contact name: MARK ELLIOTT Telephone number: 01253 376539 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at
Reuters
4 days ago
- Business
- Reuters
Prudential Financial's PGIM to merge units into $1 trillion credit platform
June 24 (Reuters) - PGIM, the investment management arm of insurer Prudential Financial (PRU.N), opens new tab, will combine its fixed income and private credit units to create a nearly $1 trillion credit platform, a company spokesperson said on Tuesday. The combined credit unit will be led by John Vibert, who was overseeing the fixed income business. Matt Douglass will remain the head of private credit and report to Vibert. The changes are part of an overhaul the company has undertaken under CEO Jacques Chappuis to stay competitive in a rapidly evolving sector, as growing preference for comprehensive investment strategies fuels market share gains for larger asset managers. Bloomberg News was first to report PGIM's organizational changes. The company is also bringing together its multi-asset and quantitative solutions capabilities. Phil Waldeck, who was overseeing the firm's multi-asset business, will lead the new combined unit. PGIM has $1.39 trillion of total assets under management, according to its website.
