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RBS plan to share historic Edinburgh HQ

The RBS building was built for wealthy merchant Lawrence Dundas and completed in 1774

Brazilian billionaire acquires London Offices for $809 Million

A Brazilian billionaire paid about 500 million pounds to buy an office building in the City of London financial district from a group of investors that breached the terms of loans secured by the building

Schroder and UBS funds awarded bronze ratings

Fund ratings agency Morningstar OBSR has awarded bronze ratings to Schroders’ £281m European fund and UBS’s £91.4m US Growth fund.

Aviva’s Pay Plan Rejected as UBS, Inmarsat Shareholders Rebel

The average vote against U.K. compensation reports was 6 percent last year, according to Pension & Investment Research Consultants Ltd.

Wall Street Tycoon Eyes Metro Bank Stake

One of Wall Street's best-known hedge fund managers is in talks to buy a stake in Metro Bank, Britain's first new high street lender in more than a century, I have learned.

Man Group CEO dismisses need for takeover

Peter Clarke, who took over as CEO from industry 'godfather' Stanley Fink in 2007.

A global bond boom is on, latest Morningstar European asset flows data reveals

Of this, more than 70 per cent went to fixed-income funds, while equity funds, by contrast, had net redemptions for March and only slightly positive inflows for the quarter.

Beaufort buys into London broker HB Markets

Beaufort said the purchase is the first stage in a series of strategic developments for the group.

Regulator faces backlash on expensive new offices

However, financial services groups and MPs denounced the move as “lavish” at a time when financial services firms – who pay for the regulators – are tightening their belts.

Man Group Has $1 Billion Outflow; Shares Fall on Lower Cash

The shares slid as much as 8 percent as analysts cut their earnings forecasts for the company.

Credit Suisse’s Asset Management Division Releases the Q2 2012 Edition of the Alternatives Quarterly

Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.

Absolute Return riles the critics

This is a sector with clear investor appeal. The problem is there are many methods of endeavouring to deliver the expected return and it is not always easy to determine which approach is being taken.

Dexion Capital set to float new investment company

DCG IRIS Limited is a proposed new London-listed, closed-end investment company seeking attractive returns from insurance linked strategies (‘ILS’).

Man Group CEO dismisses need for takeover

The firm, which reported a reduction in net client outflows, holds its annual general meeting on Tuesday.

Man Group Has $1 Billion Outflows; Shares Slide on Cash Concern

The shares slid as much as 8 percent. Clients redeemed $4.1 billion from Man’s investment funds, which was partly offset by $3.1 billion of sales, the London-based company said today.

Gemini to bring Asia funds to UK

Gemini provides distribution and marketing for asset managers that have limited expertise in the retail and wholesale marketplace in Europe.

Why Aussie businesses are flocking to list on the Frankfurt Stock Exchange

Phil Jones, chairman and chief executive of Hemiphon, is in no doubt as to why the workforce management company has listed on the Frankfurt Stock Exchange, putting it down to “speed to market and cost”.

Irish funds industry expands presence in Asia

The office in Hong Kong was formally announced at Fund Forum Asia by Pat Lardner who has just taken up the position of chief executive of the IFIA.

London Stock Exchange lures more Nigerian firms

Webster-Smith, who spoke exclusively with BusinessDay, noted that the LSE currently hosts a lot of Africa-focused companies, including three Nigerian related companies such as Guaranty Trust Bank plc, Diamond Bank plc, and Afren.

Aberdeen, Kames Capital and Skandia Investment Group to host joint roadshow

Aberdeeen Asset Management, Kames Capital and Skandia Investment Group are to host a joint roadshow throughout May and June 2012.

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