04/06/2018
Dual to acquire Italian MGA from Munich Re, Reale Mutua
Managing general agent Dual's Italian business is in talks to acquire 100 percent of managing general agency Synkronos Italia's share capital.
Alternative Investments
04/05/2018
Blackstone Is Said to Weigh Bid for Soros-Backed Spanish property company
Shares rose as much as 5.2 percent and were up 1.3 percent at 3:41 p.m. in Madrid, giving it a market capitalization of around 2 billion euros ($2.5 billion).
04/05/2018
Optimum attracts new investors into Berlin fund
As an early entrant to Berlin’s property market in 2006, Optimum has been consistently delivering strong returns to investors.
04/04/2018
MacBank’s purchase of British Green Investment Bank is still controversial
The committee was charged at looking at whether the controversial sell-off was conducted properly and whether the GIB performed well in the past and would fulfil its intended function to invest in promising new sustainable technologies in the future.
04/04/2018
Owning UK homes through offshore companies falls 22%
Holding properties in foreign structures loses allure since tax crackdown
04/03/2018
Lifetime Isa one year on: Will a colourful product fade away?
Enthusiasm for this tax-free savings offering has been muted among advisers and their clients.
04/03/2018
Lazard weighs a City return for next London office
The advisory firm is keeping its options open as it searches for a new home in the capital
04/03/2018
LCCG completes the acquisition of Reliance Mutual
Reliance Life has approximately 200,000 policies and manages assets of £1.9 billion from its offices in Tunbridge Wells, Kent.
04/03/2018
Two more providers axe free TVAS reports for advisers
Following inducement concerns
04/02/2018
Thesis AM plans to roll out decumulation portfolio service
Another part of fund will be invested in higher-risk growth assets to increase the portfolio’s value over time.
03/30/2018
Mirae Asset, NH Investment seek to resell $94 mn stake in London building
Mirae Asset and NH Investment snapped it up in an auction and completed the payment on March 28, on expectations that the London office market has room for further growth in price.
03/30/2018
Paris-based fund manager renames its Taiwan unit
As a SITE licence holder, the company can now offer and develop onshore funds, and provide fund management services to domestic investors.
03/29/2018
FIIG Securities announces global expansion
The opening of this office is a major milestone, giving European investors more direct access to the Australian corporate bond market.
03/28/2018
Zurich to acquire Oak Underwriting from RSA Insurance
David White, Head of Retail at Zurich UK, said: “Today’s announcement accelerates the growth of our high net-worth business, giving us significant scale in the market and transforming us into one of the largest providers.
03/27/2018
Ex-Strategic Equity star seeks £100m for Odyssean trust
The Company’s portfolio will typically consist of up to 25 holdings, with the top 10 holdings accounting for the majority of the Company's aggregate net asset value, across a range of industries.
03/27/2018
AIMA, ACC publish guidance on valuing alternative investment fund assets
The guide, now in its fourth edition, is sponsored by PwC.
03/27/2018
STM posts 43% jump in pre-tax FY profit
The company declared a final dividend of 1.2p per share, up from 1p in 2016.
03/26/2018
UK pensions gender gap widens in past decade, figures show
Average single woman receives £85 less than a man, up from a £31 income gap in 2006-07
03/26/2018
Raisin Launches ETF Portfolios in Cooperation with Vanguard
Starting today German customers can access the new products online – and thus participate in the performance of capital markets in a diversified manner.
03/26/2018
SGG Depositary Netherlands obtains AIFMD depositary license
SGG Depositary Netherlands is now one of a select group of independent, non bank, depositaries in the Netherlands.