• Aviva and Founders Factory have announced the first five start-ups selected for its fintech programme and the launch of a new start-up to make social care easier. The five start-ups which will receive a range of operational, business and technical support are: Luther Systems; Psious; Shepherd; Previse and Fitwell. Additionally, the first new business to be jointly developed, designed and built by Aviva and Founders Factory is OnCare, a software platform for the care industry
  • Julius Baer is planning to recruit more staff in the UK and confirmed it is interested in making acquisitions in the UK
  • BlackRock has launched the iShares Diversified Commodity Swap Ucits ETF, its 11th ETF of 2017. The fund will give investors exposure to 20 different commodities representing energy, agriculture, industrial metals, precious metals and livestock
  • St James’ Place has reported that new business profit increased to £343m in H1 2017 compared to £228.9m in H1 2016, with operating profit increasing to £397.3m compared to £284m over the same period. Net inflow of funds under management increased to £4.3bn compared to £3.1bn and group funds under management increased to £83bn from £65.6bn