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In May , it announced it was to launch a direct online investment service for retail investors to invest directly in its range of funds. The company said it was due to Brexit and Election uncertainty. In , it announced its intention to acquire Ascentric, a digital wealth management platform, from its competitor Royal London. Within the latter are the retail and institutional asset management business and the with-profit funds.
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Storegga has also recently announced international expansion of its carbon reduction and removal activities with CCS joint venture activities with Talos Energy in the Gulf of Mexico. Establishing CO 2 transportation and storage infrastructure, enables a host of other decarbonisation opportunities such as importing CO 2 from other regions, low carbon hydrogen generation and the negative carbon activity of DAC. Storegga is progressing projects in all these areas, focusing on meeting net zero goals, proving technologies at scale and establishing commercial and employment opportunities. This investment fits well in Catalyst where we are deploying capital and backing innovative businesses that create strong positive impact in the future. Unlike capturing emissions from industrial flue stacks, DAC technology captures CO 2 directly out of the air around us.
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No need to worry! For security reasons, it is highly recommended to do it in public. For this reason, it should be a short meeting, such as a coffee date or just a drink after work.
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