03/15/2018
Munich Re posts €476m loss in P&C reinsurance in 2017
The combined ratio for 2017 deteriorated to 114.1 percent in 2017 from 95.7 percent in the previous year.
Alternative Investments
03/15/2018
Winton Capital registers as AIFM in Ireland - filing
A source with direct knowledge of Winton’s Irish move said it was part of the company’s Brexit planning. A spokesman for Winton declined to comment when contacted by Reuters.
03/15/2018
Zurich Int’l Life rolls out online portfolio management tool
“With this new functionality, customers can keep up-to-date with their investments and be empowered to actively manage where their money is being invested to ensure their investments are on track.”
03/14/2018
Global property investment hits record high thanks to Asian spending spree
On an annual basis, the amount of money spent on property across the world increased by almost 13.3pc, with Asian investors in particular increasing their exposure to most markets.
03/14/2018
JTC lists on London Stock Exchange
The initial public offering will provide us with access to the capital markets, as we look to deliver future growth, both organically and through our targeted acquisition strategy in a sector which we view as ripe for consolidation.
03/14/2018
Prudential splits Europe business from US, Asia
This will enable it to play a greater role in developing the savings and retirement markets in the UK and Europe through two of the financial sector’s most trusted brands, while Prudential plc will be able to focus on the attractive returns and grow
03/14/2018
Crestbridge acquires Kingfisher Property
Crestbridge also has complementary offices in Jersey, Luxembourg, the Cayman Islands and Bahrain.
03/14/2018
M&G reports record inflows ahead of Pru demerger
At a group level, Prudential reported group IFRS operating profit was up 6% to £4.7 billion
03/14/2018
Jersey’s JTC lists on LSE’s main market
JTC first established a presence in the US in 2013 with a representative office in Miami, from which it continues to provide corporate, fund and bespoke private client services to its clients.
03/13/2018
Bulgaria's DZI Life Insurance gets regulatory nod to acquire UBB-MetLife Life Insurance
In January, DZI Life Insurance received approval from the Financial Supervision Commission to acquire full ownership of UBB-MetLife Life Insurance Company.
03/13/2018
Net assets of UCITS and AIFs surpassed USD15 trillion in 2017, says EFAMA
Elsewhere in Europe, net asset growth greater than 20 per cent was recorded in Belgium, Bulgaria Cyprus, Czechia, Hungary, Malta, Poland and Portugal.
03/13/2018
Egypt Picks Banks to Manage International Bond Sale
Al Tamimi & Co. and Dechert LLP are the legal advisers.
03/13/2018
The world's biggest sovereign wealth fund partnered with the Queen to buy nearly £200 million of London property last year
Norway's sovereign wealth fund increased its London property portfolio by £200 million last year.
03/13/2018
Hedge Funds Seek Fixes to Credit Default Swaps After Being Stung by Loopholes
Elliott, Apollo said to be among firms working on market fixes
03/12/2018
Global Acquires a property in the logistics industry in Germany
The property consists of a warehousing facility spanning over 100 thousand square meters, built to high quality specifications, to cater to the tenant’s requirements.
03/12/2018
Korea Investment Management to issue Belgium property fund
The Belgium real estate fund will pool assets from Mar. 14 to 21 and start trading on Mar. 22.
03/11/2018
Investors are rarely won over by two-headed monsters
There can be trouble at the top when companies install co-chief executives
03/11/2018
AJ Bell reveals IPO plan with 'exclusive' deal for 172,000 clients
The group does not intend to raise new capital as part of the IPO.
03/09/2018
Old Mutual GI outsources contract for $75m China fund
There will be no change to the fund’s objective or policy, according to OMGI.
03/08/2018
Natixis IM rebrands and refocuses funds arm
This new change will come into effect on 3 April 2018 and also covers the asset management affiliates in the US and Asia.