08/02/2018
Penn Mutual AM launches institutional mutual fund
PMAM chose to launch the fund as a series of the Advisors' Inner Circle Fund III.
Alternative Investments
08/02/2018
Hedge fund Man Group shares bounce after assets rise in first half
Adjusted profit before tax rose 5 percent year on year to $153 million.
08/02/2018
Chinese consortium snaps up Ireland’s oldest stockbroker
Buyout of Goodbody is latest Chinese investment in European financial services sector
08/02/2018
Aviva says growth targets on track despite H1 profit fall
In the first half of 2018, we started a £600 million share buy-back and paid off €500 million of expensive debt.
08/02/2018
Core business lines drive first half at Sanne Group
EMEA also benefited from the acquisition of LIS in Luxembourg, which completed in February and was said to be performing well.
08/01/2018
Funds giant Janus Henderson decides one head is better than two
The London-based fund manager will announce the move to a single CEO alongside results on Wednesday, Sky News understands.
08/01/2018
AFH scraps platform fees for new clients
To allow for a comprehensive review of their current portfolios, existing AFH clients’ platform fees will be removed by 1 November 2018.
07/31/2018
Amiral Gestion expands its international network with GBAM
François Badelon, founder of Amiral Gestion, says: “It is an important step in the process of internalization."
07/31/2018
Fidelity introduces variable management fee on OEICs
The offer is available across five active equity funds in its UK domiciled fund range.
07/31/2018
Avignon Capital and iYield announcce partnership
The platform is targeting a launch date in early Q4 2018.
07/31/2018
Premier AM to launch global income fund
Targeting an annual yield of 6%
07/31/2018
Big reversal for once bestselling funds
The fund has suffered underperformance and investors have turned away from its once-popular category of products that use alternative investment techniques.
07/31/2018
Winners of €1.6M Social Enterprise Development Fund Announced
The Accelerator Programme is run in partnership with Local Authorities Ireland and provides intensive, expert and bespoke supports for social enterprises to hone their social impact, business skills and accelerate their growth.
07/30/2018
Russia is Dumping Its US Bonds for Gold, But Where Is It Storing Its Bullion?
The holdings, amounting to over 17 percent of Russia's total foreign reserves, were shored up in part by offloading some $77 billion worth worth of its US Treasury bills, bonds and notes over the last six months or so.
07/30/2018
Investec targets EU institutional investors with alternatives platform
Investec’s existing Luxembourg fund range includes 47 products with more than €31bn in assets.
07/27/2018
Jupiter's AUM drops £2.3bn as investors pull out of bonds
Many asset allocators have been wary of the case for investing in fixed income assets due to concerns over rising interest rates.
07/26/2018
Alliance Trust in talks over platform sale
While the number of customer accounts has dropped by around 3,000, total assets under administration rose 2.5 per cent to £16.2bn.
07/26/2018
AXA IM Real Assets acquires prime high-street retail asset in Bologna, Italy
The asset benefits from excellent visibility being centrally located in the heart of Bologna’s historical centre on Via Rizzoli, one of the city’s prime shopping streets, and opposite the Piazza Maggiore.
07/25/2018
Kempen to exclude tobacco investments from its funds by end-2018
The company, which runs a number of institutional funds across equities, debt and alternatives, said the exclusion would not apply to investment mandates run on behalf of individual clients, bespoke portfolios or multi-manager funds.
07/25/2018
More new listings and members at TISE
This takes the total number of listed securities on the Exchange up to 2,642 at the end of June 2018.