03/24/2015
Former Blackstone Exec Launches Fund to Focus on Benelux Countries
A UK-based private equity firm founded by a former Blackstone Group executive is launching Icon Real Estate
Alternative Investments
03/23/2015
Virgin Care among firms with lucrative NHS deals and a tax haven status
Richard Branson’s group is one of 10 private health providers that have tax havens as part of their corporate structure
03/23/2015
Ravenscroft purchases 75% stake in UK stockbroking firm
Ravenscroft has expanded into the UK after purchasing a 75 per cent stake in Peterborough-based private client stockbroking company A Vartan, which will re-brand as Vartan Ravenscroft.
03/23/2015
Boutique asset manager to launch factor investing strategy in 2015
Boutique asset manager intends to launch an investment strategy based on systematic factors such as value, momentum, quality and size.
03/23/2015
Man Group launches second fund in quick succession
This follows the launch of the Man Numeric Market Neutral Alternative fund, which was revealed by Citywire Global last week.
03/22/2015
Buy-to-let: bank offers 113pc mortgages – on repossessed flats in Spain
Banco Popular is offering zero-deposit mortgages on Spanish holiday homes in a desperate bid to shift unwanted properties
03/20/2015
Investec's Stopford hedges 'vulnerable' US equities
Investec Asset Management's John Stopford has begun hedging US equity exposure in his Diversified Income fund
03/20/2015
Cordea Savills proposes to acquire SEB Asset Management for 21.5m euros
Property consulting group Savills plc is proposing to acquire prominent German investment management group SEB Asset Management AG for up to 21.5 million euros (S$31.6 million) in cash
03/20/2015
Deutsche AWM Receives First German Yuan Investor Licence
Deutsche Asset & Wealth Management Investment GmbH became the first German money manager to obtain a license to invest in China’s onshore financial market
03/20/2015
Edinburgh-based investment house launches new Income Fund
The Edinburgh-based investment house, have launched an income fund to sit within their multi-asset fund range
03/20/2015
Fidelity Joins European Nonprofit in Bid to Lower Trading Costs
Fidelity Worldwide Investment and JPMorgan Asset Management are among fund firms joining a new, not-for-profit consortium that aims to lower trading costs.
03/19/2015
Heather Hedge Fund Executives Given Loans Before Collapse
Loans came from Gibraltar-based company controlled by Heather founder Gregory King
03/19/2015
SEB divests its German real estate investment management business
Following the transaction, the company will be combined with Cordea Savills, Savills` investment management business.
03/19/2015
CF Miton UK Value Opportunities Fund breaks through £200m AUM mark
The fund has doubled its assets under management since September 2014, when the fund reached £100m AUM.
03/19/2015
European property dealers target Gulf investors
Property dealers in Europe are targeting Gulf investors who stand to cash in as a result of the weak euro against the strong US dollar
03/19/2015
EM boutique launches Asian small-cap equity fund
Emerging markets specialist LGM Investments has launched a new approach focused on the small-cap Asian equity market, Citywire Global can reveal
03/19/2015
Hedge Funds’ Short Memory to Repeat Krone Battle, Callesen Says
The central bank has cut its main deposit rate four times
03/19/2015
Goldman-backed hedge fund buys stake in Russian gold miner
The event-driven hedge fund focused on high yield and distressed debt is backed by a Goldman Sachs’ private equity fund.
03/19/2015
Real Estate Unit of Italy’s Generali Planning Move into Asia
Push is part of group-wide expansion away from insurer’s European roots
03/18/2015
HKEx, LME and Borsa İstanbul agree partnership
Following this transaction, the LME has disposed of its entire remaining stake in its former clearing provider, LCH.Clearnet.