03/02/2018
JPMAM launches multi-asset trust but falls short of £150m target
Passed minimum raise of £50m
Alternative Investments
03/02/2018
Bob Diamond's Atlas in Talks for Stake in Kepler
Firm is said to seek 20% of brokerage held by BlackFin
03/01/2018
GAM Holding AG 2017 underlying pre-tax profit CHF 172.5 million
Net fee and commission income increased 16% to CHF 547.7 million due to higher management and performance fees.
03/01/2018
Stone Harbor appointed to manage a £1bn Multi-Asset Credit mandate for GMPF
David Scott, portfolio manager at Stone Harbor said: “We focus on higher yielding public markets, allowing an active allocation decision to combine with a bottom up security selection process.
02/28/2018
BME Posts a net profit of €153.3 Million In 2017
The annual earnings per share were €1.84, of which €0.45 corresponded to the final quarter of the year.
02/28/2018
“Catella Wohnen Europa” jumps to EUR 590 million after 2 years
A total of 125,000 people live in Wolfsburg, making it Lower Saxony’s fifth largest city.
02/28/2018
SwanCap Investment Management Closes SWAN III, at €433M
The fund has already closed 20 transactions and as such deployed c. 50% of total commitments across all three investment strategies.
02/27/2018
Major asset manager setting up Dublin hub
ASI, the largest fund manger in the UK, directs over €70bn of assets.
02/27/2018
Aviva to divest its Spanish life and pensions JVs
As a result of the transaction, Aviva’s Solvency II capital surplus will increase by about £150m.
02/27/2018
UK-based Chelverton launches new European fund
“The attraction of working with experienced, successful investors was significant”, says Robertson.
02/27/2018
QBE Announces the Sale of Latin American Operations
The transactions are subject to regulatory approvals in each jurisdiction and are expected to close by the end of 2018.
02/27/2018
CPG to launch China ETF in Europe
State-owned China Post Global has applied to launch a China A-shares ETF in Europe, adding to its Market Access range on the continent, said the firm’s London-based managing director Danny Dolan.
02/27/2018
Alternative fund platform Kuber Ventures gears up with new sales hires
The move says the firm is a response to the Autumn Budget, which doubled the limits for tax-efficient investment in knowledge-intensive companies under the UK’s evolving Enterprise Investment Scheme.
02/27/2018
Aegon to launch multi-manager investment company
New business to launch later this year amid shake-up of senior roles
02/26/2018
Axa IM goes for growth after rebuffing takeover bids
Andrea Rossi says investment manager has global ambitions in alternatives and real assets
02/26/2018
Catella and Kriton establish asset management company
The aim is to leverage the long-term earnings potential of properties located in Germany’s high-growth regions through active asset management and to unlock this potential for investors.
02/26/2018
Scottish Widows sticks with Standard Life Aberdeen for retirement funds launch
This month, Scottish Widows’ parent Lloyds Banking Group decided to terminate investment management arrangements with Standard Life Aberdeen on £109bn of assets.
02/26/2018
Five ex-Credit Suisse equity derivatives MDs founded a new hedge fund
Laer spent 14 and a half years at Credit Suisse and previously worked for Commerzbank.
02/26/2018
Zurich Insurance to acquire QBE’s Latin American operations for $409m
The acquired business had gross written premiums of $790m last year, with Argentina representing about 50% and the rest coming from Ecuador, Mexico, Brazil and Colombia.
02/26/2018
Dutch bank NIBC to seek Amsterdam IPO - company
NIBC reported profit of 213 million euros for 2017, with an underlying return on equity of 8.9 percent.