08/30/2012
Investment Week can reveal Monson has stepped down from both the £336m Sarasin International Equity Income fund, as well as the £138m Sarasin Global Equity Income (Sterling Hedged) fund.
08/30/2012
The European Systemic Risk Board (ESRB), based at the European Central Bank (ECB), said firms using banks to service their derivatives contracts may create extra risks because even for genuine hedging, the contracts are not risk-free.
08/30/2012
As at 30 June 2012, the Finnish branch had gross assets of €1.3 billion.
08/30/2012
This is the first acquisition Plaza has made since inception earlier in the year, investing in large real estate assets around the globe. With leverage, Plaza has USD 1 billion gross of initial buying power.
08/29/2012
Advisers can access the 16 investment solutions as single components, enabling them to build their own portfolios to meet their clients' individual needs.
08/29/2012
Italy-domiciled funds were again the hardest hit with 1.26 billion euros in outflows.
08/28/2012
Charnock to front newly-created Standard Life adviser unit
In the UK the restructure will see the creation of an advisers and investments business unit made up of Standard’s existing retail adviser, proposition, wealth and investment solutions businesses, reporting into Richard Charnock.
08/28/2012
Threadneedle is to roll out a range of commission-free share classes across the majority of its fund range, and waive initial charges for advised UK retail investors, as it makes its proposition ready for the post-RDR world.
08/27/2012
*In total, the industry saw estimated outflows of approximately $8.5 billion in July, bringing overall assets under management for the industry to approximately $1.75 trillion;
08/27/2012
Aquantum AG intends to launch its first UCITS fund in cooperation with Universal-Investment Luxembourg.
08/26/2012
Peakside's first direct investment into Poland
08/26/2012
Head of the Firoka Group of companies paid 25 million pounds ($39.5 million) in cash for a London property that was once owned by Lehman Brothers Holdings Inc.
08/26/2012
Franco-Belgian bank Dexia SA said it believes it will need to recapitalise its Luxembourg arm before the latter's imminent sale, which could see it demanding further money from the Belgian and French governments.
08/26/2012
Nationwide will use the building as its new UK headquarters and will open a new branch on the ground floor.
08/23/2012
The group says it intends to add more offshore funds to the sectors in due course.
08/23/2012
The group says it intends to add more offshore funds to the sectors in due course.
08/22/2012
The first batch of shares were sold at 226.04p and the second for 225.00p, for a total of £67,656, taking his holding to 83,333 shares.
08/22/2012
"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.
08/21/2012
Regulators across the globe have identified Firms who have failed to comply with relevant rules, as opposed to those who have actually enabled any form of financial crime to take place.
08/21/2012
Hedge funds pose little risk to the banking and wider financial system, according to an industry survey by the Financial Services Authority.