Lloyds sells Scottish Widows asset group for £660mn

Lloyds sells Scottish Widows asset group for £660mn (via AFP)

Britain’s state-rescued Lloyds Banking Group has agreed to sell its asset management business Scottish Widows Investment Partnership Group to Aberdeen Asset Management for up to £660 million, it said on Monday. The sale, worth the equivalent of $1.…

Despite 60% Loss On Shorts, Yarra Square Up 20% In 2020

Yarra Square Investing Greenhaven Road CapitalYarra Square Partners returned 19.5% net in 2020, outperforming its benchmark, the S&P 500, which returned 18.4% throughout the year. According to a copy of the firm's fourth-quarter and full-year letter to investors, which ValueWalk has been able to review, 2020 was a year of two halves for the investment manager. Q1 2021 hedge fund Read More

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