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Moore Capital is losing former SAC Capital portfolio managers as Point72 builds in London

Of the SAC investment team who joined Moore Capital in February 2014, three have already returned to Point72.

AJ Bell carries out share trade via Facebook

A total of £500 worth of Facebook shares were purchased.

Asteroid, Asteroid Mining, space mining Luxembourg Allots $223 Million Fund For Space Mining Ventures

Schneider says Luxembourg is looking to be included in the top 10 countries in the world with a prosperous space industry.

Inside McKinsey’s private hedge fund

McKinsey quietly runs an investment arm for partners but experts warn of conflicts of interest

Fund costs cut for thousands of M&G investors - but experts warn of admin headaches

Price reductions depend on the type of fund but will typically be half a percentage point.

Italy export credit agency plans Islamic finance push

Around a quarter of banking business in the six-nation Gulf Cooperation Council is sharia-compliant.

Italy's Banco Popolare $1.1 billion cash call makes solid start

Mediobanca and Bank of America Merrill Lynch are committed to taking on any unsold shares.

Standard Life and Aviva join CII push to professionalism

The report said this is ‘particularly important given the key role the sector will play in the light of pension reforms’.

Royal London launches drawdown governance service for advisers

Middle market drawdown booming post-pension freedom

The problem is not London's foreign investors – it's where their money goes Dawn Foster

It is possible to discuss housing without being xenophobic – people of all nationalities are treating property as gold bricks and avoiding UK tax

AIMA welcomes EC’s efforts to remove cross-border barriers to fund marketing in Europe

The consultation forms part of the Commission’s effort to create a “Capital Markets Union” – a deeper single market for capital in the EU.

African Philanthropist Tony Elumelu Woos French Investors To Nigeria

The event held at the Palais de Luxembourg in Paris, France late last month and had more than 4,000 leading French entrepreneurs in attendance.

LSE and Deutsche Boerse set to cut 1,250 jobs to save costs after merger

This sum represents about a fifth of the groups' overall costs and comes on top of savings programmes that were already underway before the deal emerged.

Standard Life Investments acquire Blythswood House in £17.4m deal

The 216 room student accommodation, situated on 200 West Regent Street in Glasgow, is currently leased to Glasgow School of Art on a 25-year lease

U.K. corporate pension funding deficits increase 5.4% in May to record level

Assets increased 1% during the month to £1.263 trillion as of May 31, but fell 1.6% for the year ended May 31. Liabilities increased 1.9% over the month, to £1.573 trillion, and by 2.3% over the year.

Investec Plans to Raise 145 Million Pounds to Boost Capital

“It is an appropriate time for us to make the tender offer for the preference shares,” Chief Executive Officer Stephen Koseff said on a conference call.

Global Experts on Private Equity Funds Pick Investment-Worthy Korean Businesses

Corporations that have been making investments for more than 30 years are mostly European and American.

Tilney Bestinvest targets international advisers with Global Multi-Asset Portfolio fund range

The launch will have a fixed price offer period of 100 US cents per share from 1 June to 30 June.

London Property Bond launches offering eight percent interest

The property-backed Bond’s proceeds will be used to fund these improvements, increasing the value of these homes ahead of a sale.

The Adviser Centre removes Standard Life Investments Higher Income from Recommended list following lead manager departure

The Global Credit team at Standard Life Investments is well resourced but we believe it is prudent to remove the fund from the Recommended list at this time.

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