12/17/2018
UBS loses ground against rivals in tougher ETF climate
Swiss investment bank hit by $3.1bn outflow in November after year of headwinds for managers
Alternative Investments
12/17/2018
What's So Funny About $1 Trillion? The Norwegians Who Manage It
Set up in the 1990s, the fund invests oil income abroad to avoid stoking inflation at home.
12/17/2018
Fund groups 'shying away' from shareholder rebellions
The report highlighted Aviva, AQR, Liontrust and CCLA as fund firms which have ‘repeatedly stood up to be counted on key controversial votes in both 2017 and 2018’.
12/17/2018
Buying a Special Designated Area Property in Malta
As such, these areas level the playing field between local and international buyers because they grant foreign investors the same rights as Maltese residents.
12/14/2018
Natixis Investment Managers announces the launch of Flexstone Partners
Flexstone Partners has combined assets of $6.7 billion and a global team of more than 40 private equity experts in offices in Paris, New York, Singapore and Geneva
12/14/2018
NN Group merges life and non-life in the Netherlands
This milestone is another step towards the full integration of the businesses by the end of 2020.
12/14/2018
Three most popular funds of 2018 revealed
The fund invests in a concentrated portfolio of 20 to 30, blue chip 'quality' companies from across the globe which includes the likes of PepsiCo, Microsoft, Paypal and Estee Lauder.
12/14/2018
Phoenix Group moves shareholding from Cayman Islands to London Stock Exchange
Phoenix Group Holdings now operates new group holding company structure in the UK from 12 December
12/13/2018
Kuwaiti investor spends £39m on London office building
The deal comes despite wider jitters in the commercial property market about rental growth prospects and tenant demand after Britain leaves the EU.
12/13/2018
East Capital acquires Swedish fund management company
Once the transaction is completed Monyx will become a fully-owned subsidiary of East Capital Group.
12/13/2018
Ex-Barclays broking boss opens City advisory firm
Well-known former UBS, Goldman and Barclays broker is latest to go it alone in the City
12/13/2018
Catella completes the purchase of 75% in APAM
"This transaction further strengthens our position as we reach AUM volume of EUR 8,1 billion” says Timo Nurminen, Head of Property Investment Management at Catella.
12/12/2018
Best and worst performing funds of 2018 revealed
It found the absolute worst performing fund, across all asset classes, was the £211m Jupiter India Select, which lost 28.8 per cent, while the £848m Jupiter India fund, the third worst performer, has lost 25 per cent.
12/12/2018
Royal London chief ‘open-minded’ to Ascentric name change
Outgoing Royal London chief executive Phil Loney has said he is ‘open-minded’ about a move to rebrand the wrap platform Ascentric in 2019.
12/11/2018
Total Wealth Planning merges with multi-asset firm Apollo
New chairman appointed
12/11/2018
Butterfield interested in Channel Islands
Buying a high street bank subsidiary would be far larger than previous deals, but Butterfield could access capital to pay for such acquisitions. ‘
12/11/2018
‘Gold standard’ is set by insurance company
To be considered for coveted Chartered status, which is described by the Chartered Insurance Institute as the ‘gold standard for firms of insurance brokers’, Rossborough had to meet rigorous criteria relating to its professionalism and capabil
12/11/2018
Danske Bank sells Swedish pension unit for $288 million
Danske Bank has been embroiled in a major money laundering scandal linked to its Estonian branch.
12/10/2018
European bond markets yet to see MiFID II benefits
The Markets in Financial Instruments Directive II (MiFID II) has failed to boost competition, investor protection, and transparency in European bond markets.
12/10/2018
Sabadell announces plans to merge or sell TSB Bank
The bank will focus on its strategy for at least two years before considering the merger or sale, the Chairman revealed.