06/20/2012

5 High-Tech Smart Homes for the Super Rich

More and more high-end properties feature such "smart-home" technologies - professional-grade audio/video systems, plus lights, thermostats, window shades and more that you can control with an Apple (AAPL) iPad or other smart device.

06/20/2012

ABN AMRO Private Banking moves to Overweight on hedge funds‎

Underweight allocations are held for commodities and fixed income, with high-quality corporate bonds preferred – particularly in Asia. The bank remains wary of safe-haven government debt, with record low yields vulnerable to interest-rate rises.

06/19/2012

Invesco Real Estate appoints head of global research

Tim joins from ING Real Estate management where he spent the past seven years, most recently as the global head of research and strategy and previously as the Asia-Pacific head of research and strategy.

06/19/2012

Ex-Hiscox boss' start-up Aurum prepares full UK roll-out

Underwriting on behalf of certain underwriters at Lloyd's of London, Aurum has also secured long-term commitments to support its bespoke underwriting approach and pricing. Full details of products and capabilities will be announced over the coming mo

06/19/2012

AXA private equity raises $8 billion for bank asset buys

Banks, which urgently need to fortify their capital buffers, are in a rush to offload private equity assets they spent billions on in the heady days before the financial crisis, causing a flurry in so-called secondary sales.

06/18/2012

Four new UBS ETFs launched on Xetra

Four new exchange-listed equity index funds from the issuer UBS Global Asset Management have been tradable in Deutsche Börse's XTF segment since Friday.

06/18/2012

HKEx Shares Tumble as LME Purchase May Clear Regulator

The takeover would give Hong Kong control of a business that sets global prices for base metals, while LME stands to gain greater access to China, the biggest consumer of metals including nickel, aluminum and copper.

06/18/2012

Postbank sells Asset Management to DWS

The sales contract was signed today. As such, Postbank is increasing its focus on its core business in consumer banking, without reducing its product range.

06/18/2012

Hedge fund managers in nervous mood for Monaco summit

Restaurateurs, bartenders and hoteliers getting ready to welcome an army of high-rolling financiers to this year's GAIM Conference in the Mediterranean principality could find money and mirth in short supply as recent poor performance weighs.

06/15/2012

Arbuthnot Acquires Everyday Loans

The loan book was £64m at the end of 2011 and the consideration £1, with a performance-related deferred consideration of up to £1.5m.

06/15/2012

HKEx to Acquire London Metal Exchange

"The deal could immediately prop up HKEx to become one of the major global metals and commodities exchanges," Hong Kong Exchanges Chief Executive Charles Li said.

06/14/2012

Co-operative and Standard Life vote against WPP pay

The level of discontent over the pay packages of chief executive Sir Martin and fellow directors is such that “the working assumption” is that a substantial proportion of the shareholder vote could go against WPP’s remuneration report, a