05/31/2017
Janus Capital Group and Henderson Group complete Merger
The group will market its products and services as Janus Henderson Investors with immediate effect.
Alternative Investments
05/31/2017
Record ILS growth sets the stage for Zurich insurance masterclass
The outstanding market size of $27.19 billion is roughly $377 million higher than at the end of 2016, according to figures from the Artemis catastrophe bond & ILS market Q1 2017 report.
05/31/2017
Co-Op Bank Said to Head for Debt-for-Equity Swap, Sale Fades
Co-Op Bank is also in talks with a potential bidder for the company, though a so-called liability management exercise without a sale is the most likely option.
05/31/2017
Fidelity scraps misfiring regional equity fund
It would be liquidating the Luxembourg-domiciled fund on at the end of August.
05/30/2017
Witan drops global managers to boost active share
Before Bell’s appointment in 2010 Witan was frequently criticised for its inactivity
05/30/2017
London Stock Exchange to acquire The Yield Book and Fixed Income Indices from Citi
Barclays Bank PLC, acting through its Investment Bank acted as financial advisor to London Stock Exchange Group. Freshfields Bruckhaus Deringer LLP was counsel to London Stock Exchange Group.
05/30/2017
Janus Henderson merger completes
In October, Henderson and Janus announced they were to merge to create a company with $320bn assets under management.
05/30/2017
Bond funds reach highest monthly net sales ever in March 2017
Long-term UCITS recorded net sales of €60bn, compared to €52bn in February.
05/29/2017
Insurance firm Aviva uncovered £250,000 worth of insurance scams every day in 2016 for whiplash and theft
Aviva turned down £85million worth of fraudulent claims
05/29/2017
Legal & General reported to be looking into buying British Steel pension scheme
Tata has been negotiating with unions on a restructuring of the scheme
05/29/2017
Blackstone regains crown as world’s largest property manager
Real estate fund manager’s assets grow to €143bn, pushing Brookfield into second spot
05/28/2017
UK press freedom must extend to hedge funds
Miles Johnson wants transparency from an industry ever more reliant on pension schemes
05/27/2017
Norway’s $950 bln wealth fund commissions research on climate change
The studies will be carried out at Columbia University and New York University, it added.
05/26/2017
No bonuses for managers at new-style ethical trust
The People’s Trust, which he said would issue a prospectus in September.
05/25/2017
British fund managers in Brexit Brawl
Success was the necessary ingredient of failure
05/24/2017
Neptune furthers EMS integration partnership with TS
This enables institutional investors to be more effective and targeted when looking to execute large size orders in products such as corporate and emerging market bonds.
05/24/2017
Woodford-backed investment trust in merger after underperformance
The two firms will now work to implement a more flexible investment strategy for the trust, tapping into a wider spectrum of opportunities and allowing more exposure to sterling-denominated assets.
05/24/2017
Premier Asset Management Reports Quintupled Interim Pretax Profit
Premier said it saw total net inflows of GBP311.0 million over the half-year, compared to GBP422.0 million in the same period the prior year.
05/24/2017
STM considers Qrops ‘buying spree’ as European units downsized
In response to changes imposed by the UK budget on the costs of transferring certain pensions to a QROP, management was quick to launch the International SIPP from its UK SIPP business as an alternative product to the Gibraltar or Malta based QROP proposi
05/23/2017
Bridging lender launches new division for big ticket developments
Newly launched lender Elysium Bridging has announced its entry into the London private client market.