07/08/2013
Libor moving to NYSE Euronext
NYSE Euronext will take over the Libor in early 2014.
Alternative Investments
07/08/2013
Deutsche shuts 36 ETPs as demand wanes
Deutsche Asset and Wealth Management has closed 36 of its exchange traded funds
07/08/2013
Generali to take full control of German unit
Generali to pay 171 mln euros for 3 pct of unit
07/07/2013
2013 Best Global Green Brand: AXA, one of the 50 leading companies
For the 3rd consecutive year, AXA is part of the Best Global Green Brand (BGGB); this ranking rewards the companies for their green initiatives.
07/06/2013
Singapore plots £5bn swoop on Lloyds
Over a dozen investment banks will submit proposals tomorrow to UK Financial Investments (UKFI), the government body that oversees the taxpayer’s bank shares, on how they would handle the sale.
07/06/2013
Temasek has not approached UK over Lloyds stake: sources
One of the sources told Reuters the government had received a number of tentative enquiries about the sale
07/04/2013
UBS to shut poor performing small cap fund
UBS Global Asset Management closing underperforming small cap fund.
07/04/2013
London Stock Exchange to acquire Turquoise Derivatives
The London Stock Exchange is to acquire the derivatives business of Turquoise Global Holdings, in which it owns a 51% stake.
07/04/2013
Gottex completes Frontier acquisition
He will continue to lead the Frontier business, and joins Gottex as a senior executive in its multi-asset business.
07/02/2013
L&G reshuffles fund managers on four funds
Legal & General Investments has appointed new managers for four of its funds but is refusing to reveal why the managers have been replaced.
07/02/2013
BlackRock appoints co-manager on European fund
BlackRock has promoted Stefan Gries as co-manager on the European Absolute Alpha fund alongside Vincent Devlin.
07/01/2013
Miton Group announces acquisition of PSigma Asset Management
Miton Group PLC Acquisition of PSigma Asset Management Holdings Limited for up to £13m, Placing and Trading Update
07/01/2013
BNP Paribas Securities Services and Caisse des Dépôts reinforce their partnership
This marks the fulfilment of the partnership, which began in April 2012 following the call to tender issued by the Caisse des Dépôts.
07/01/2013
Credit Suisse Liquid Alternative Beta Index Down 1.07% in June
The Managed Futures strategy was the strongest performer for the month, finishing up 0.69% in June, and up 6.15% year-to-date.
07/01/2013
Cazenove team set to move to Schroders’ office
Cazenove’s fund managers and distribution staff to move to Schroders’ offices as buyout goes through as sales departures confirmed.
06/30/2013
AXA acquires Grand Hotel Krasnapolsky in Amsterdam
In the centre of Amsterdam, from NH Hoteles SA for € 157 million on behalf of a European and an Asian client.
06/30/2013
TFI’s Shariah JV fund acquires properties in UK
The fund invests in income-generating property in the distribution, logistics and light-industrial sector of the UK
06/30/2013
City Financial Fund moves onto Cofunds
CF Eden UK Select Opportunities Fund renamed City Financial UK Select Opportunities Fund
06/30/2013
Polar Capital raises £153m for Global Financials Trust
"This is evidence of further delivery of our strategy of launching additional investment driven products from our existing teams and further diversifies our offering to our investors in our funds,"
06/30/2013
BlackRock completes acquisition of Credit Suisse's ETF business
Investors will benefit from a broad range of Swiss domiciled products, which include assets of $8.1bn across equities, fixed income and gold.