12/29/2015
Aviva's Munro - waking the multi-asset giant
For almost two years Euan Munro has been reshaping Aviva Investors, putting its multi-strategy funds at the forefront of an outcome-oriented approach that is ringing the changes.
Alternative Investments
12/28/2015
Hargreaves Lansdown: Why the FTSE 250 could be a prudent investment for 2016
The FTSE 250 is an index of medium and small cap UK shares.
12/28/2015
UK's biggest care home operator sells £20m of assets to US hedge fund
Sell-off comes amid national care home crisis with councils unable to find funds to house thousands of elderly residents
12/28/2015
Knightsbridge Home Prices Drop Most in Central London on Tax
The decline compares with an overall gain of 1 percent for the 14 districts that make up prime central London
12/27/2015
Theo Osborne's fund wants to turn crowdfunders into venture capitalists
With its new portal, Force Over Mass wants to create a new class of investors and eventually build a secondary market for trading in early-stage companies
12/26/2015
Legal & General to battle with Rothesay Life for Aegon's £9bn annuity book
Ratings agency Moody's had issued a warning this year that companies in this industry such as Aegon and Scottish Widows, which lack a "differentiating asset management proposition", were "vulnerable to margin pressures".
12/25/2015
Bank Of America To Obtain Clearing Membership With Moscow Exchange's FX Market
Moscow Exchange began offering general clearing membership for FX Market participants from 1 December 2014.
12/24/2015
Specialist asset manager buys private equity funds investment business
ICG said the private equity funds investment business is complementary to its expertise in investing in private markets
12/24/2015
Wilmslow country house hotel bought for £4.15m
A 55-bedroom country house hotel in Wilmslow has been bought out of administration for £4.15m.
12/23/2015
Catella advisor to EQT on their acquisition of Eton and in Cederroth’s sale of Allévo
These transactions once again demonstrate the value of Catella’s specialist knowledge and broad network of contacts for M&A transactions in the consumer sector.
12/23/2015
Germany’s Allianz buys 51% of PH firm
PNB and Allianz have reached an agreement to enter into a 15-year exclusive distribution or bancassurance partnership.
12/22/2015
Japan Staffing Firm Recruit Agrees to Acquire Dutch Peer in $1.55 Billion Deal
Acquisition of USG People is the latest example of Japan Inc.’s push for international growth
12/22/2015
Schroders to wind up Global REIT
Schroders has proposed a liquidation of its Schroder Global Real Estate Securities fund.
12/21/2015
Milliman updates embedded value reporting in the European and Asian insurance markets
In Europe, embedded value results in the first part of 2015 exceeded gains from the first six months of 2014
12/21/2015
Catella establishes property investment management platform in Norway
Catella has a very strong Nordic and Continental European platform within both property investment management, with EUR 3.2 billion under management, and real estate corporate finance.
12/21/2015
U.S. Bank Recognised in Europe as Top Trustee and Loan Administrator; Quintillion as Top Fund Administrator
In the fund services space, the bank expanded in Europe through its 2013 acquisition of hedge fund administrator Quintillion
12/21/2015
Luxembourg managers adopt ‘swing pricing’
Most of the largest asset managers with funds in Luxembourg apply ‘swing pricing’ – a mechanism that protects shareholders in funds from other investors making redemptions or purchases.
12/21/2015
London Stock Exchange Group buys US ETF data provider
The deal, for which the terms of the transaction were not disclosed, will see XTF integrated into LSEG’s Information Services Division, which includes FTSE Russell.
12/21/2015
Skipton on roadtrip to help advisers meet MCD
Mr Darwin said the seminars formed part of Skipton Intermediaries’ “continued commitment to implementing all industry changes smoothly, professionally and in partnership with brokers”
12/20/2015
Another one bites the dust: Rolls-Royce loses another high-profile investor
Rolls-Royce has lost yet another high-profile investor, as one leading City figure confirmed over the weekend that he has offloaded his shares in the struggling aircraft engine maker.