02/08/2016
Aberdeen cuts fees on emerging markets fund
The £137m product, previously known as the Swip Emerging Markets fund, appeared on a list of potential closet trackers last year.
Alternative Investments
02/08/2016
Fidelity unveils new pitchman
The idea of the ad is that Danoff represents Fidelity's commitment to investors.
02/08/2016
The World's Biggest Wealth Fund Is Unhappy With Volkswagen's Leadership
Through family holding company Porsche Automobil Holding SE, the Porsche-Piech clan controls 50.73 percent of Volkswagen’s voting shares, while only owning 31.5 percent of the company equity.
02/08/2016
Legg Mason’s Gent on hitting the acquisition trail
The firm also announced the tie-up of its hedge fund platform Permal with alternative asset manager EnTrust Capital.
02/08/2016
Law Firm Crash Is UK’s Biggest Crowdfund Failure
The firm represented many celebrity and sports clients who had lost millions in outlawed loss-making film production partnerships.
02/05/2016
Santander scheme targets emerging hedge funds with $125m fund
Antony Barker, CIO of the Santander UK Group Pension Scheme, said that, in addition to acting as a cornerstone investor in SCI’s fund, it had acquired a significant minority stake in the company.
02/04/2016
Luxembourg's ultimate offshore investment: space mining
The government announced steps to create a legal framework for exploiting resources beyond Earth's atmosphere, and said it welcomed private investors and other nations.
02/04/2016
Glasgow's iconic Ca’d’oro building sold in £14m deal
The sale price reflects a net initial yield of 6.5% to the purchaser.
02/04/2016
Biggest Danish Mortgage Bank Seeks IPO as Capital Woes Mount
One day after announcing it will sell its Copenhagen headquarters, Nykredit said it is exploring the option of an IPO
02/04/2016
Aegon closes in on Cofunds deal
The move follows months of speculation over the platform, which in September last year Money Marketing revealed had turned down a bid from AJ Bell.
02/04/2016
Banned adviser's claims management firm goes bust
His firm, which was called MNFA, was liquidated in 2011.
02/04/2016
Hedge Funds Zenit, Canosa to Shutter on Returns, Brummer Says
The fund’s annual return averaged 2.9 percent in the past three years, Brummer said in a statement. The firm ended 2015 with 11.2 billion Swedish Krona ($1.3 billion).
02/03/2016
Verras becomes latest CISE member
Convertibles have been a feature of new business in 2015 and we expect a further pipeline during 2016.
02/03/2016
Moulton's Aerospace Jewel Prepares To Take Off
Jon Moulton's private equity group has hired Lazard to oversee a £300m sale of Gardner Aerospace, Sky News learns.
02/03/2016
Zurich Insurance Ready to Shrink to Cut Claims, Risk Chief Says
Zurich is bringing back Mario Greco, who oversaw general insurance before he left in 2012, this time as chief executive officer starting in May to replace Martin Senn who stepped down in December.
02/03/2016
Seilern Investment Management Wins Two Lipper Awards
These awards, coming shortly after Stryx World Growth reached its 20 year milestone, may be attributed to Seilern’s highly focused strategy; commitment to investing in quality growth businesses and holding them through the business cycle.
02/03/2016
Russian Billionaire Buys Into German Online Lending Startup
Boyko made a fortune as a banker and the steel industry
02/03/2016
AXA to sell Hungary's banking unit to OTP Bank
The transaction is expected to be completed in the second half of the year and still requires approval from regulators and antitrust authorities.
02/03/2016
Troubled Indian group nears sale of top London hotel to Qatar
The Business Standard newspaper reported that the deal for the Grosvenor House Hotel in Mayfair could raise as much as $337 million.
02/03/2016
New UK fund vehicle will give Cayman, Ireland and Luxembourg a run for their money
ACS, the as yet little noticed onshore vehicle created by the UK government and tax authorities, might be about to rewrite that logic.