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Alternative Investments

03/23/2017

BlackRock bond fund ups French debt stock ahead of election

Investors have been flocking to the safety of bonds and gold in recent days, sending riskier world stocks sliding, as Trump faces the first major legislative battle of his presidency.

03/23/2017

Norway's wealth fund says ethics profile has cost $1.4 billion in a decade

The fund returned 1.11 percentage points less between 2006 and 2016 as a result of exclusions of companies on ethical grounds

03/23/2017

Luxembourg shuns ‘aggressive’ Brexit plan to attract UK firms

Luxembourg will not engage in a “race to the bottom”

03/23/2017

First buy-side client live with credit default swaps clearing at LCH

LCH has the broadest CDS coverage of any CCP group

03/23/2017

Dublin-headquartered IFG reports big drop in pretax profits

Shares fall by more than 8% in early trading after full-year profits decline by 26%

03/22/2017

French retailer Carrefour launches online bank account

C-zam is the first current account offered by a retailer in a French online banking market

03/22/2017

Woodford: Asset management industry is 'too risk-averse'

Financial regulators need to "get off the back" of science industry investors

03/22/2017

Standard Life, Aberdeen look to allay concerns over co-CEO structure

The two will share responsibility for “core aspects of the role” including running the executive committee, strategy and monitoring performance, as well as communications and the post-merger integration programme.

03/22/2017

UN 'World Water Day' (Wednesday 22nd March) sets the scene for 'Third Wave' of Water Investing

Today heralds UN-Water's 25th 'World Water Day' and the United Nations' continuing campaign for freshwater and sanitation.

03/21/2017

Axa Wealth and Abbey Life acquisitions drive Phoenix growth

Valuing the UK closed life fund market, excluding Phoenix Group, at more than £300bn in assets, Bannister expects greater market consolidation and opportunity in 2017.

03/21/2017

Six new hedge funds, private equity companies and boutiques launching in London

It’s focused on investments in renewable energy, and so far has four employees, seconded across from Hg Capital.

03/20/2017

Threadneedle and Henderson propose trust merger

Any shareholders who don’t make a decision will be automatically rolled onto the Henderson scheme.

03/20/2017

Athene on the hunt for deals among hard-pressed European insurers

A lot of challenged companies out there, says chief executive James Belardi

03/20/2017

Citadel scouts for prospects at its datathons

op prospects from the datathons are invited to wage data warfare at the final Data Open competition in November with $100,000 at stake.

03/20/2017

Luxembourg reaches new record in assets under management

Luxembourg continues to be one of the most sought after EU countries for setting up investment funds

03/20/2017

JPMAM creates sustainable investing team following ESG fund launch

New team led by Jamie Kramer

03/20/2017

LendInvest funds Canary Wharf mega project

It will act as security trustee and loan servicer, while the public sector pension fund managed the syndication of the loan.

03/17/2017

Saudis Study $65 Billion in China Investments During King's Trip

Saudi Aramco, as the company is known, is already a partner in refineries and petrochemical plants in the country.

03/17/2017

SIX Securities Services develops distributed ledger-based bond issuing solution

It includes the connection of the smart contract to the chain where buyers can allocate money to the bond by paying in digitalized currency to the address of the bond.

03/17/2017

French Asset Managers More Cheery Than Global Peers on Vote Risk

While French fund managers see scope for volatility flaring up in markets, they see a more moderate candidate prevailing by the end of the second round of voting.

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