06/03/2015
BNP Paribas acquires Credit Suisse PFS
BNP Paribas Securities Services has completed its acquisition of Credit Suisse’s Prime Fund Services (PFS) business
Alternative Investments
06/03/2015
AIMA updates due diligence questionnaire for selecting a fund of funds manage
The AIMA DDQ for Fund of Hedge Funds Managers is used by prospective investors prior to making an allocation and is considered to be the industry-standard template.
06/02/2015
Henderson buys two fund firms in Australian expansion drive
The two companies have combined assets under management (AUM) of 5.5 billion pounds and will provide a platform for Henderson’s future growth in the Australian market.
06/02/2015
Hargreaves Lansdown unveils 'third way' non-advised service
The minimum investment for the service is £1,000 and investors are also allowed to switch or transfer existing Isas
06/02/2015
Gervais Williams pounces as Share boss Oldham sells £3.6m stake
Share plc notes that Gavin Oldham, Executive Chairman of the Company, is today making an offer for sale of up to €5,000,000 worth of existing ordinary shares in the capital of the Company at a price of 33p per Share
06/01/2015
GSAM launches long/short global equity fund
Goldman Sachs Asset Management has launched a Global Equity Long Short Portfolio available to UK retail investors.
06/01/2015
Julie Dean's Sanditon UK fund to launch this month
Sanditon Asset management is to launch a new UK fund for Julie Dean on 22 June.
06/01/2015
GSAM launches long/short global equity fund
Goldman Sachs Asset Management has launched a Global Equity Long Short Portfolio available to UK retail investors.
06/01/2015
Center Parcs is about to be sold to a Canadian property giant for £2.4bn
A Canadian property giant will step up its spending spree in the UK this week with a £2.4bn deal for Center Parcs
06/01/2015
Sotheby's To Proceed With Sale of 'Stolen' Russian Painting
The 1870 painting is listed as a lot on the website of Sotheby's, with an estimated value of 1.5-2 million pounds
06/01/2015
Ashmore to apply for Saudi investing licence this week - director
$566 bln stock market opened for applications on Monday
05/29/2015
Austria to repatriate large gold reserves from Britain
Austria's central bank announced on Thursday it would repatriate a large part of its gold reserves currently stored in Britain, after auditors warned of the risk of bulk storing in a foreign country.
05/29/2015
UK investors hold over £400bn in 'dinosaur' funds
More than £400bn is currently held in ‘dinosaur’ investment funds in the UK
05/29/2015
Norway's sovereign wealth fund accused of 'pretend divestment'
World’s richest sovereign wealth fund increased its investments in coal despite high-profile pledge to dump fossil fuels, financial analysis shows
05/28/2015
Artemis Global Energy Fund - removal from the Wealth 150
The Artemis Global Energy Fund has been removed from the Wealth 150 list of our favourite funds for new investment
05/28/2015
Investec AM exploits RQFII licence for double China fund launch
Investec Asset Management is exploiting flexibility offered by the Renminbi Qualified Foreign Institutional Investor (RQFII) rules to launch China-focused equity and bond funds
05/28/2015
Bravura unveils SaaS transfer agency delivery model
Ideally suited for boutique and mid-sized fund managers, the solution delivers a cost effective and highly scalable self-administration tool.
05/27/2015
London sets up catastrophe bond task force
UK wants to tap into fast-growing $22 bln cat bond market
05/27/2015
Billionaire hedge fund backer of Plus500 hikes stake in embattled Israeli spread better
First the company admitted it had frozen the accounts of 10,000 UK customers, including some of its most lucrative traders.
05/27/2015
Hedge Funds rebound as market conditions normalize by Philippe Ferreira, Lyxor
The relief came from the rebound in equity markets and lower bond yields in Europe following comments by the ECB announcing that it will front-load asset purchases in May and June to take into account lower liquidity during the summer.