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.
Alternative Investments
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.
03/08/2018
LGIM nears £1trn assets after year of ‘record’ flows
Legal & General’s asset management arm neared £1trn in assets under management last year, after taking £44bn worth of external net inflows.
03/08/2018
HSBC, JPMorgan, Scotiabank, UBS, and ICBC Standard open up gold club
As that pressure increased, the number of banks clearing gold transactions through a company they own called the London Precious Metals Clearing Limited (LPMCL) has dwindled from seven to five.
03/08/2018
AJ Bell launches four income portfolios
The Income 1 fund has a target yield of 4 per cent and aims to offer long-term capital protection through defensive asset allocation.
03/08/2018
Trillion-pound target in Legal & General’s sights
The increase was driven in part by a £33 billion net inflow of money into the insurer’s international investment business
03/08/2018
Yorkshire Broker Seeks A Wealth Of High Net Worth Clients
We have put much more resource behind this area and this is proving a very wise decision
03/07/2018
Banca Generali reports February net inflows of €555 million
Net inflows proved more defensive than in previous months, due to renewed market volatility.
03/07/2018
Burford announces new insurance business to address adverse costs risk
The insurance product will meet a need in the marketplace for significant levels of adverse costs cover for major cases in cost-shifting jurisdictions around the world.
03/07/2018
Globaleye partners with London Stock Exchange in Middle East
The Academy was not able to provide the exact number of partners it works with, but said “it is something the academy has been doing for a while”.
03/07/2018
Nippon Life mulls investing in Deutsche Bank's DWS unit - sources
Nippon Life and Deutsche Bank declined to comment.
03/06/2018
European equity manager drops two funds at French boutique
This is the latest in a series of senior portfolio manager changes at La Banque Postale Asset Management, which included a raft of new hires at the end of 2017.
03/06/2018
Avignon Capital and CLSA announce partnership
Avignon Capital’s partnership with CLSA marks the latest in a series of ambitious new undertakings for the company.
03/06/2018
Amundi steps up ETF product innovation to meet Asian demand
The company only has two ETFs in Asia currently – the Amundi Hang Seng HK 35 Index ETF and the Amundi FTSE China A50 Index ETF – which were launched in 2016.
03/05/2018
Aviva hunts for new Edinburgh home for star hire Cumming
Mr Cumming became Aviva’s chief investment officer in January, ending months of speculation over which asset manager he might join after leaving Standard Life.
03/05/2018
Catella Property Investment Management increased AuM 33% in 2017
The increased cooperation between Catella’s business areas has furthermore brought value to both our customers and Catella.
03/05/2018
European fund managers attract record €729bn from investors
Strong corporate earnings growth and ECB bond-buying spur sales
03/05/2018
Italian firm to launch onshore fund in China
The firm manages 10 hedge funds and 95 mutual funds mainly sold in Italy, Switzerland, and Luxembourg, data from FE shows.
03/04/2018
It’s time to end ‘ludicrous’ bonus schemes, urges City heavyweight
The FRC is considering a shorter, simpler code and has asked major City institutions to identify the areas of most concern.