07/27/2016
Deutsche Boerse wins investor support for London Stock Exchange merger
The German shareholder base will now have two more weeks to put forward stock or risk becoming stranded in old shares once the deal completes.
Alternative Investments
07/27/2016
Jupiter's inflows more than halve, but profits keep going up
This translated to H1 2016 adjusted earnings before interest, tax, depreciation and amortisation
07/27/2016
Pioneer/Santander AM merger plans scrapped
The potential merger had originally been thrown into doubt following the exit of UniCredit’s chief executive officer, Federico Ghizzoni
07/27/2016
Falling Luxury London Property Market Hits Capital & Counties
The 14 per cent write-down on Capital & Counties’ share of the 77-acre development
07/27/2016
JLT cuts 300 jobs from UK employee benefits business
The company expects to save £9 million from the cuts this year.
07/26/2016
Jpmam Cuts Fee On Talib Sheikh'S Rebranded Fund
The £175 million fund will be renamed the JPM Global Macro Balanced fund from 24 September to bring it in line with the firm's other multi-asset macro strategies.
07/25/2016
Brexit ‘stampede’ out of UK funds
M&G, Schroders, Fidelity and Invesco suffer billions of euros of withdrawals
07/25/2016
Lord Abbett Looks to Build on Success of Passport Portfolios
Suite of Offshore Strategies Achieves Major Milestone
07/25/2016
Alternatives firm partners with boutique for fund launch
Working together with Hamburg-based specialist investment firm Alpha Centauri, Aquila Capital plans to make the new strategy available through a Ucits fund as well as other investment vehicles.
07/25/2016
Aurora IT rises from the ashes with new manager Phoenix AM
Phoenix AM, which has an 18-year record running a range of offshore funds, then took over management of the vehicle in January.
07/25/2016
Hiscox UK grows GWP to £244.4m
The provider explained that in the UK product innovation remains critical and helps it to differentiate in these markets.
07/25/2016
Change in Ownership for Insurance Specialist
He left Oval in 2012 but retained an ongoing friendship with Hodson and his family.
07/25/2016
Mellon Selected by BMW Group for its Sponsored Depositary Receipt Program
World's leading DR bank strengthens presence in German market
07/25/2016
TMI's Herberts London-bound amid private client restructuring
Thomas Miller Investment has begun a significant restructuring of its investment management business.
07/25/2016
UBSPREMF completes €42 million of UK real estate loans across four transactions
These latest transactions take total equity committed on behalf of the Fund to 66%, following its close in December 2016 with €288.35 million (GBP 241 million) raised.
07/25/2016
Premier wants fresh look at relations with UK
The political leaders also discussed plans for their annual Joint Ministerial Council (JMC) meeting in the United Kingdom later this year.
07/25/2016
Hedge funds in new cycle of oil short-selling: Kemp
The net bullish position has been reduced by 197 million barrels from a recent high of 650 million in the middle of May and 210 million barrels from an earlier record of 663 million at the end of April.
07/22/2016
Wolves to be sold to Chinese conglomorate with ties to Jose Mourinho's agent, Jorge Mendes
It was initially thought, via reports from Spain, that Chinese billionaire Robin Li was fronting the takeover bid but the Telegraph understands Fosun is behind the deal.
07/21/2016
Aviva adviser platform hits £10 billion in assets
Aviva hopes to move its 135,000 clients by the end of 2017.
07/20/2016
Russia Considers Defining Bitcoin As a Foreign Currency
According to individuals who issue money surrogates would face as many as four years in prison.