03/19/2013
Royal London acquires Co-op life insurance and asset management arms
Royal London says the acquisition will benefit Royal London and CIS with-profits policyholders
03/19/2013
Hargreaves Lansdown cuts Buxton fund from Wealth 150
As there will be no immediate changes to the fund we continue to believe existing investors need take no further action at present."
03/19/2013
Financial Highlights and Operational Highlights
03/19/2013
Gottex acquires multi-asset boutique
Gottex believes the acquisition provides compelling strategic benefits, including establishing one of the leading alternatives oriented multi-asset investment teams as well as complementing Gottex’s traditional fund of hedge funds business with a di
03/19/2013
“Given we are bullish about this year and next we felt we should make the switch as it matches our slightly more risk-on mood.”
03/19/2013
BNY Mellon has been appointed by SEB Investment Management AB to provide fund administration services for over 150 funds valued at EUR40 billion.
03/18/2013
'Over the last five years the fund-of-funds sector has seen a remarkable growth in funds under management.'
03/18/2013
Forbes estimates his net worth at nearly $2 billion.
03/18/2013
Cyprus Tax Prompts Funds to Cut Ties to Russian RenCap, Alfa
Finance ministers in the euro area reached an agreement on March 16 that will impose a tax on depositors in Cypriot banks.
03/18/2013
Lyxor launches UCITS fund that replicates Winton Capital’s Diversified Program
Investors in the Fund will also benefit from the weekly liquidity and independent risk management provided by Lyxor.
03/18/2013
The London Stock Exchange is expecting to see “a couple” of initial public offerings
03/18/2013
Fund buyers have described Richard Buxton’s shock resignation from Schroders as a major loss for the firm
03/18/2013
We view this shift as only a short-term phenomenon
03/17/2013
Man's shares have fallen by around two-thirds since the start of 2011.
03/17/2013
Karmarama has been appointed as the creative agency for Clydesdale Bank, following a competitive pitch.
03/17/2013
According to the FT, the parliament’s main parties have shown their support for plans to insert the new pay curbs into the existing reform proposals for Ucits funds.
03/17/2013
Underpinned by a fully disclosed, tripartite agreement with BNP Paribas, all trades on Squawker will be settled directly between the counterparties and BNP Paribas.
03/14/2013
World’s Biggest Flawless Diamond has £13m Christie's Price Tag
It came from the Jwaneng mine in Botswana and took 21 months to polish.
03/14/2013
The move follows the retail distribution review
03/14/2013
It is five years this week since the price of an ounce of gold shot through the $1,000 level