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Standard Life’s 1825 acquires Cumberland Place

The acquisition is 1825’s sixth since it was founded in 2015, and its second in London.

Bank Leumi agrees in principle to sell Romanian unit

The final transaction, which is not expected to impact financial results significantly

BlackRock's iShares posts record yearly inflows for 2017

Predicts global ETF industry will more than double by 2022

LGIM launches European Equity Income Fund

Legal & General Investment Management (LGIM) has announces the expansion of its equity income product offering with the launch of the L&G European Equity Income Fund, a UK domiciled Unit Trust

Edmond de Rothschild AM launches energy evolution fund

The fund invests in companies linked to the evolution of the ‘energy mix’

RBS sells Lombard assets for $203 million

RBS declined to confirm the Sky News story. Investec and Shawbrook were not available for immediate comment.

Six investment themes to look out for in 2018

Global stock markets performed remarkably well in 2017 but are unlikely to be so kind this year, say fund managers.

MPs to produce British Steel pension report

The scheme has about 130,000 members of which 43,000 are deferred, which means transferring out of their pension is an option for them.

LGIM adds fourth equity income fund with European mandate

Legal & General Investment Management (LGIM) has expanded its equity income range with a European Equity Income fund, managed by Andrew Koch

EXIM CEO killed in Austrian ski accident

Zoltán Urbán, the CE0 of EXIM (the joint company of Hungarian Export-Import Bank Ltd. and Hungarian Export Credit Insurance Ltd.) has died in a skiing accident in Austria.

Sir Richard Branson tries hand at crowdfunding with Virgin CrowdBoost

Crowdfunding platforms have been praised for providing a different source of finance.

Platforms still fraught with pension drawdown problems

Consultancy firm the Lang Cat recently found just 53 per cent of advisers use a platform specifically for decumulation, that is to enable clients to manage the withdrawal of their retirement savings.

Fidelity sets aside further £19m for DC admin error

This error affects 4 per cent of members in the DC business and relates to some discrepancies in how scheme specific lump sum protection was put in the pension administration records for some of Fidelity’s DC clients.

Most expensive homes in the UK are in Grosvenor Crescent in London

The second most expensive street is Ilchester Place in Holland Park, with an average house price of £16.7 million.

European exchanges clash with customers over fees rise

Battle between Spanish bourse and UBS is flashpoint in fight about pre-Mifid charges

Aegon to sell stake in U.S. unit to French reinsurer

The transaction is expected to result in a pre-tax loss of about $125 million and will be reported in other charges in the fourth quarter 2017 results

Gresham House sells final significant legacy asset for £2.1m

Proceeds from the sale will be added to the net cash balance sheet position and will support Gresham House's growth strategy as a specialist alternative asset manager.

Odey’s profits crash as performance slump bites

99% fall in performance fees leads to profit nosedive, but hedge fund firm has a history of ups and downs

A Hedge Fund Gets $2.4 Billion for Hanging In There

Volvo hasn't exactly been a smooth ride for the activist, which just a few years back looked like it had missed its best chance to cash in.

Soros Fund backs UK concierge for the wealthy after IPO

Ten Lifestyle Group quickly garnered attention from a range of big investors.

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