11/04/2013
Invesco Perpetual: We Are Not Imposing a Dilution Levy on Woodford Funds
Invesco Perpetual has moved Neil Woodford's income fund range to bid pricing to protect investors from the sharp outflows
Alternative Investments
11/04/2013
Ashmore hails birth of new fixed income star
The $5.8trn market for local currency corporate bonds has of course been around for a considerable time but Dehn points out it was only last week that Bank of America Merrill Lynch formally launched the world’s first index for this asset class.
11/04/2013
Legal & General worlwide sales beat forecast
British insurance group Legal & General saw higher than expected sales as it continued to build a set of bolt on acquisitions into its structure.
11/04/2013
Hargreave Hale to raise £20 million for VCTs
The group says up to 75% of the net proceeds of funds raised may be invested into the Marlborough Special Situations fund pending investment into qualifying companies.
11/04/2013
Ascentric hits third quarter of record net new business
Royal London continues to flourish in the post RDR market where competition is focused on the quality and value offered by our products, service and investment solutions.
11/03/2013
iShares sees increase in wrap platfroms' assets
iShares' ETFs are available on a total of 27 platforms and this data reflects assets held on nine of the major platforms: 7IM, Ascentric, AXA Wealth Elevate, Fidelity FundsNetwork, Novia, Nucleus, Raymond James, Standard Life and Transact.
10/30/2013
ECB establishes standing swap arrangements with other central banks
The standing arrangements will constitute a network of bilateral swap lines among the six central banks.
10/30/2013
New Emerging Markets Strategy For Two JP Morgan CIOS
The duo will adopt a flexible, strategic asset allocation and active risk management through currency overlay and liquidity assessment.
10/30/2013
Standard Life Misses Targets As staff Leave
Insurance giant Standard Life yesterday announced lower-than-expected new business sales, which analysts pinned on the departure of key staff members over the summer.
10/29/2013
Standard Life Investments reports ‘strong’ inflows despite Munro exit
The asset management house saw third-party net AUM inflows of £8.3bn in the nine months to the end of September
10/28/2013
Harcourt launches two Ucits funds
The two funds are part of the product line called "Research-Driven Strategies".
10/28/2013
UBS lists ETFs on five leading fund platforms
The Switzerland-headquartered investments giant is also understood to be in dialogue with additional platforms in a bid to further enhance its position among the UK IFA community following the implementation of the Retail Distribution Review.
10/27/2013
RBS pension doubles alternatives portfolio
The £26 billion RBS pension fund has switched more than £500 million from equities to alternative assets to spread risk as the government’s banking reform plans mean bank pension funds face an uncertain future.
10/27/2013
Former UBS Bankers Al Breach, Charles Hill Start Hedge Fund
Breach declined to comment by phone from Switzerland, where he has run his own fund
10/23/2013
Aberdeen Plots Share Raid For Lloyds Division
One of the City's biggest asset managers is plotting a takeover of the fund management arm of Lloyds Banking Group that could result in the taxpayer-backed bank owning a sizeable stake in it.
10/23/2013
Sustainable Asset Management join the FT Ethical Investment Conference
Although the majority of speakers agreed that financial return was key to investors, with ethical investments return could also be calculated on more than just a pure fiscal basis,
10/23/2013
Threadneedle switches managers on corporate bond fund
The ex-LV product was transferred to Threadneedle in 2012 along with LVAM’s entire fund range
10/23/2013
Launch Pad: Fund of funds
The launch means that all four of Brooks Macdonald’s actively managed portfolios are now available in unitised form
10/23/2013
Aberdeen Asset Management confirms bid for Scottish Widows Investment Partnership
Fund managers bid would see Aberdeen form 'strategic partnership with Lloyds'
10/22/2013
Urbicus acquires property debt from Glanmore
The fund, which holds UK regional office, industrial and retail property including 10% in Scotland, was last valued at £303m, above its remaining debt following asset sales.