03/10/2015
The Carlyle Group to acquire UK Insurance Group
This will be the fourth investment by the fund
Alternative Investments
03/10/2015
New British lender valued at $982 million in London listing
An initial price range had been set at between 175 pence and 195 pence per share. The so-called "challenger bank" will raise 75 million pounds in the listing.
03/10/2015
Isle of Man launches Insurance Special Purpose Vehicle legislation
The Isle of Man Government has launched new legislation in respect of Insurance Special Purpose Vehicle (ISPV) legislation which enhances the Island’s proposition for insurance business
03/10/2015
British ETF price war heats up with BlackRock FTSE 100 fee cut
BlackRock, the world's largest asset manager, has slashed the cost of investing in Britain's oldest FTSE 100 exchange-traded fund, ratcheting up the pressure on rival providers such as Vanguard.
03/10/2015
IFA launches divorce financial planning service
There is no charge for an initial consultation.
03/09/2015
AustralianSuper adds London site to property portfolio
This is the second partnership between AustralianSuper and Hermes in the UK
03/09/2015
Seeder Energy Alpha Strategies re-brands as Stable Asset Management
To accommodate the company’s growth, Stable has moved in to its new offices in the Mayfair, at 25 Old Burlington Street.
03/08/2015
David Harding’s Winton Capital Passes $30 Billion for First Time
Winton Capital Management surpassed $30 billion in assets for the first time, according to an investor update from David Harding’s hedge-fund firm.
03/08/2015
Manchester City are about to strike it rich
Manchester City are about to strike it rich with a new £80million-a-year sponsorship deal with Etihad
03/06/2015
Mariana launches multi-asset fund for former AAA-rated Dolbear
The Mariana Risk Optimum fund will have the flexibility to invest across nine asset classes.
03/06/2015
Philip Manduca: ‘Forget gold – diamonds are the best store of value’
Manduca is a seasoned, successful City veteran who helped pioneer the hedge fund industry in Europe in the 1980s.
03/06/2015
Threadneedle set to merge entire multi-manager range into 7IM funds
Threadneedle's multi-manager team, headed by Giles Gilbertson and Damian Barry, will move to 7IM if the proposals are approved at an EGM due to take place today (6 March).
03/06/2015
Nucleus CEO: retail fund management is 'out of control'
In a speech at Nucleus's annual strategy event, Ferguson said the retail fund management industry is 'slack and sluggish' and needs to learn from its institutional counterpart.
03/05/2015
Gibraltar Funds Gain Preferential Access Rights To German Market
The German financial regulator has recently adopted a reciprocal private placement policy the effect of which is that where German funds not within scope of AIFMD are allowed to be privately placed into other EU member states
03/05/2015
Leading Dutch bank says to end stake in former US insurance arm
They have restructured extensively over the last few years to repay a government loan to bail it out during the height of the 2008 banking crisis.
03/05/2015
Sahara's Grosvenor House hotel in London put up for sale
London's landmark Grosvenor House hotel has been put up for sale after its owner, part of troubled Indian conglomerate Sahara
03/05/2015
Jupiter’s Slendebroek & Chatfeild-Roberts share £3.5m bonus pot
Slendebroek’s bonus for the year stood at £1.8 million, of which £680,000 is in Jupiter shares, deferred for a period of three years.
03/05/2015
Exec reveals how Brookfield, Qatar conquered Canary Wharf
Brookfield Property Partners' chief executive has lifted the lid on the three-month long battle for Canary Wharf, which culminated in the largest UK property deal for a decade
03/05/2015
A first for International Fund Management
Praxis Fund Services Limited will act as administrator of the fund.
03/05/2015
New organisation to support North West family businesses
A national organisation that has launched a new division in the North West has pledged its commitment to provide ‘fresh and relevant’ support to the region’s 300,000 family run and owned businesses