The investment review group’s latest quarterly report looks at the performance of a number of investment products and services, including bridge investment groups (BIGs) as well as private equity funds.
It also gives investors an overview of the overall strength of the UK economy and financial sector.
The report was released by BICs Barclays Capital, BNP Paribas and Royal Bank of Scotland.
The BIGs were listed as the third most successful UK firms by the BIC index, behind only the investment group of Lloyds Banking Group (LBG).
BIC chief executive Stuart Lefkowitz said the results were good news for the BIG.
“The BIG is outperforming its peers, as evidenced by the fact that the BAG’s (BIC’s Investment Grade) performance is up almost 60 per cent in the last three years.”
These positive results demonstrate the strength of our portfolio, our ability to grow and our ability as an investment vehicle to capture the next stage of the economy’s recovery,” Lefkarow said.
The Barclays Capital BIG report: What is it? “
We believe BIG’s are the best value for money in the sector, providing significant return on investment,” he said.
The Barclays Capital BIG report: What is it?
The BNG (British Overseas Private Investment Group) investment group is a group of investment companies which invest in and manage large-scale infrastructure projects around the world.
It is the largest private equity group in the UK, with a market capitalisation of £2.2 trillion.
In total, Barclays Capital is a member of the BGI, a group which includes Lloyd Bank, the Royal Bank and Royal National.
Barclays has made a string of acquisitions over the last few years including the acquisition of a majority stake in the construction company AEG in February, the acquisition and investment of a third stake in China’s Tencent in October, and a stake in a group that owns the BPI, Barclays said.
A BIG investment group The BGI is the most successful British investment group.
The group’s portfolio consists of investments in over 60 private companies.
It has a portfolio of £1.7 trillion, including the majority of its own funds.
The overall strength is seen in the BGEs performance, which Barclays said is up nearly 60 percent over the past three years, thanks to increased returns on capital.
Barclays said the BGP is a “market leader in delivering value for cash, including in the form of strong dividend and interest-earning opportunities, through robust capital management, strategic partnerships and strategic growth”.
The BGP portfolio also includes funds such as Barclays Bank Group, which manages the £1 billion BGE in the United Kingdom, and BGP Capital, which is a British Private Equity group that manages the BIEs portfolio.
“BGP Capital also has strong assets management and management expertise, as well the ability to manage capital effectively for its clients, and to leverage the wealth generated by the group’s investments to drive long-term growth,” Barclays said in its report.
Barclays also highlighted the BGM group, which owns the £2 billion BMG, as the group that is “leading the way in the private equity industry”.
The Barclays Group said its BGE portfolio had grown by over 90 per cent over the period, and it was “well positioned to support a sustainable growth in the long term”.
A BGE report in the pipeline?
Barclays Capital’s latest report is part of a report into BGE performance.
The firm has been working on the BGRs performance for over a year, and has been in the process of reviewing its BGR portfolio since May 2016.
“This review was prompted by the recent performance of the group and the importance of the sector to the UK’s economy and to its businesses,” the firm said in a statement.
“Our review of BGE assets will provide a further insight into the performance and strategy of the asset group over the coming year.”
Barclays Capital said it will publish its report in April, with its analysis due in March 2019.
Barclays is the third largest private company in the world, after the Bank of America and HSBC.