10/15/2014
The United Kingdom priced the first non-Chinese sovereign offshore renminbi bond on Tuesday, in a move that points to the currency's growing global appeal and the UK's desire for London to be the major offshore renminbi hub.
10/15/2014
While around £4 billion of Hargreaves Lansdown's £47 billion assets are in cash, that is made up of pensions being drawn down and money yet to be invested, generating little in the way of interest.
10/14/2014
Clearstream is opening its new office in Cork, Ireland this week, following the company’s acquisition of Citco’s hedge fund sub-custody business for financial institutions in April 2014.
10/13/2014
Ken Costa, the former chairman of Lazard International who was previously one of the City of London’s best-known rainmakers, is in talks to launch a fund focused on deals in Africa
10/13/2014
European funds that charge high fees for active management but which, in reality, resemble low-cost index funds are at risk of being exposed by an online tool being developed by a group that represents more than 60,000 Swedish retail investors.
10/13/2014
“The acquisition of Ignis Asset Management is another step in Standard Life Investments’ growth story, deepening our investment capabilities, broadening our third party client base and strengthening our strategic position.
10/13/2014
Challenger bank Aldermore is locked in a race against time to get its stock market flotation away, as it battles to offload shares to US investors and include existing shareholders in the free float of the business