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Cromwell acquires Valad Europe

Cromwell chief executive Paul Weightman said the acquisition of Valad Europe presents an opportunity to acquire a successful funds management platform.

GBR Phoenix buys Optic Asset Management

Birmingham-headquartered property consultancy GBR Phoenix Beard has bought Leeds counterpart Optic Asset Management after months of discussions.

Qatar wins battle to take over Canary Wharf

Ahead of Thursday’s deadline, Songbird said its three major shareholders intend to accept the offer, and once this happens it will drop its resistance and recommend the offer to smaller investors.

Top-performing commodities fund moves domicile to target UK investors

The strategy differs from most resources funds, focusing on the physical trading of a wide range of commodities

L&G to allocate 1.5 bln stg to UK regeneration fund

Chief Executive Nigel Wilson wants L&G, which manages over $1 trillion in British pension fund assets, to invest in Britain together with overseas sovereign wealth funds.

Blackstone sells Valad Europe back to Australians for €145m

Australia's Cromwell Property Group has acquired Valad Europe from senior management and Blackstone for €145 mln. The purchase price reflects an EBITDA multiple of approximately 6.4x.

Northern Trust & London Councils in tax-transparent pooled fund initiative

The collective investment vehicle, an Authorised Contractual Scheme structured as a co-ownership arrangement (ACS) is first of its kind for the UK pensions industry.

The Gibraltar Stock Exchange announces first fund listing

The Gibraltar Stock Exchange opened its doors on November 10th 2014 as a technical listing exchange for open-ended funds.

Manchester United sign Swissquote as forex trading sponsor

Swissquote said the global deal would allow it to use United's popularity in Asia to help it meet its targets for expansion in China.

Nabarro advises on the launch of crowdfunding platform Property Partner

The platform also enables investors to offer their property holdings for sale via a designated secondary market.

Chinese SME incubator fund to float on Aim

Grand Group Investment, a late-stage incubator fund that invests in Chinese small and medium-sized companies, today announced its intention to float on London’s Alternative Investment Market.

Soho at risk of turning into an 'upmarket housing estate', art industry figures warn

They said that the area’s role as the creative heart of the capital faced an “imminent crisis” because of a “massive loss of office and studio space”.

Syz AM brings absolute return funds to UK retail market

Swiss fund group Syz Asset Management is bringing its institutional absolute return strategy to UK investors through its Oyster Absolute Return fund range.

Rathbones joins FEIFA partnership programme

FEIFA is a trade association that provides a voice for the expatriate IFA community operating across Europe.

London Enjoys AIFMD Passporting Benefits in Europe

The research focused on alternative investment fund managers domiciled in New York, Luxembourg and London

Jurys Inn sold to US investors for £680m

Hotels chain snapped up by Lone Star Funds

British Assets appoints BlackRock; plans for multi-asset mandate

British Assets has performed poorly over the past 15 years

Guernsey closes year just short of 800 international insurers

The Guernsey Financial Services Commission (GFSC) licensed 85 new international insurers during 2014

Guernsey enhances its leading position for non-UK LSE listings

Guernsey has more non-UK entities listed on the London Stock Exchange (LSE) than any other jurisdiction globally

No win, no fee' investment fund opens

Investment fund will only charge when it beats the wider market

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