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Standard Life annuity sales hit by Budget

Standard Life chief executive Davis Nish says he is all for the reforms to regulations on annuities

Online broker to exit Britain

Said in its first-quarter results statement that its Selftrade online brokerage in Britain had signed an exclusivity letter with Equiniti Group for the transfer of Selftrade's client portfolio this year.

KfW joins renminbi bond fray with first Frankfurt-listed deal

KfW may have sold the first Frankfurt-listed Chinese renminbi bond this week, but some market watchers say the Triple A rated issuer’s new sale is a long way off from providing the impetus for a larger shift in Dim Sum market dynamics.

Goldman Sachs, Lazard Defend Advice in Royal Mail Share Sale

Investment bank had no role in allocating Royal Mail shares to its asset management unit

Saga puts retail investor at heart of London float

Saga he over-50s holidays-to-insurance provider, yesterday unveiled plans for the biggest flotation in London this year, as a stampede of silver haired savers registered to snap up shares in the listing.

Aviva multi-asset closure paves way for Gars-like launch

Aviva has closed its Diversified Assets fund as part of an ongoing rationalisation of its fund range.

Schroders liquidates Alt Ucits credit fund

According to company data, at the end of February this year, the fund, which had featured on the firm's liquid alternative platform GAIA, had $136 million (€98 million) in assets.

Multi-asset tops FundsNetwork bestsellers

Investors appear more cautious as Mixed Investment 20-60 per cent shares funds edged out UK Equity Income in FundsNetwork’s March adviser sales.

Santander plans first dollar Additional Tier 1 bond

The notes are expected to be rated Ba3 by Moody's

Sweden SMEs seek angel investors

Swedish companies are looking towards Malaysia for venture capital and angel investors for its small and medium enterprise sector.

LaSalle wins US$207 million BVK mandate

The mandate will be managed by the firm’s dedicated securities group, LaSalle Investment Management Securities.

Artemis to take over management of Mid Wynd IT from Baillie Gifford

Artemis will now take over management of the trust on 1 May

BlackRock launches Asian special sits fund for Swan

BlackRock is to launch an Asia Special Situations fund for Andrew Swan and Emily Dong, after bringing its first Asian equities fund to the UK market last summer.

Henderson credit team bumps up CoCos coverage

The huge potential increase in contingent convertible bonds issuance has led Henderson Global Investors to add resources to specifically cover the asset class.

John Laing completes purchases for new portfolio

Newly-launched investment trust now has £156m in assets after purchasing spree.

SGSS wins pension custody mandate

The Berri Group is the largest retirement and insurance group for the professions in France

UK Equity Income re-enters Cofunds' sales leader board

The last time this sector was among the most popular five sectors for Cofunds was in September 2011.

Fund of hedge funds face fight for cash with consultants

The increased competition is particularly significant, because the industry is struggling to grow

Artemis to launch a new Pan European Fund …

We are delighted to bring this strategy to a wider audience

Barings to close struggling corporate bond fund

Assets under management had fallen to £153m by the time of her departure

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