07/31/2018
Big reversal for once bestselling funds
The fund has suffered underperformance and investors have turned away from its once-popular category of products that use alternative investment techniques.
Alternative Investments
07/31/2018
Winners of €1.6M Social Enterprise Development Fund Announced
The Accelerator Programme is run in partnership with Local Authorities Ireland and provides intensive, expert and bespoke supports for social enterprises to hone their social impact, business skills and accelerate their growth.
07/30/2018
Russia is Dumping Its US Bonds for Gold, But Where Is It Storing Its Bullion?
The holdings, amounting to over 17 percent of Russia's total foreign reserves, were shored up in part by offloading some $77 billion worth worth of its US Treasury bills, bonds and notes over the last six months or so.
07/30/2018
Investec targets EU institutional investors with alternatives platform
Investec’s existing Luxembourg fund range includes 47 products with more than €31bn in assets.
07/27/2018
Jupiter's AUM drops £2.3bn as investors pull out of bonds
Many asset allocators have been wary of the case for investing in fixed income assets due to concerns over rising interest rates.
07/26/2018
Alliance Trust in talks over platform sale
While the number of customer accounts has dropped by around 3,000, total assets under administration rose 2.5 per cent to £16.2bn.
07/26/2018
AXA IM Real Assets acquires prime high-street retail asset in Bologna, Italy
The asset benefits from excellent visibility being centrally located in the heart of Bologna’s historical centre on Via Rizzoli, one of the city’s prime shopping streets, and opposite the Piazza Maggiore.
07/25/2018
Kempen to exclude tobacco investments from its funds by end-2018
The company, which runs a number of institutional funds across equities, debt and alternatives, said the exclusion would not apply to investment mandates run on behalf of individual clients, bespoke portfolios or multi-manager funds.
07/25/2018
More new listings and members at TISE
This takes the total number of listed securities on the Exchange up to 2,642 at the end of June 2018.
07/25/2018
Credit Agricole buys 5 percent of Creval in insurance deal and could go higher
The accord will allow Credit Agricole Assurances to sell mainly savings and investment products through Creval’s branch network for up to 15 years.
07/25/2018
China’s Fosun Weighs Acquisition of Belgian Insurer
Fosun has continued to expand its international business empire amid a Chinese crackdown on overseas deals in certain industries that’s forced other conglomerates like Anbang Insurance Group Co. to shed assets.
07/24/2018
UK seeks bids for management of £400m EV charging fund
The successful fund manager will be appointed to raise and manage the investment fund on behalf of the Treasury
07/24/2018
‘Creative Destruction’ takes Guernsey insurance back to its roots
Guernsey Finance Chief Executive Dominic Wheatley said: “In another year where international tax reform and Brexit threaten to disrupt the status quo, we called on Joseph Schumpeter’s science to put today’s events in context.
07/24/2018
Odysseus Alternative Ventures sells stake in Moola
Moola has been an enthusiastic pioneer in the application of AI and machine learning to low cost investing.
07/24/2018
Investment Firm Part-Owned by Pro-Brexit Rees-Mogg Launches Fund ... in Ireland
It follows the launch in June of another Irish-domiciled fund, which generated embarrassing headlines for Rees-Mogg
07/24/2018
Trade war threat sparks €38bn European fund exodus
June sees fastest monthly outflows for 5 years as Trump rhetoric spooks investors
07/24/2018
Advisers could earn £1,755 ‘introducer fees’ with Just Group service
The business said advisers had earn typical fees of £390 for retirement income referrals, £1,610 for equity release referrals and £1,755 for care funding referrals.
07/24/2018
Funds and insurance collide in the development of single ILS structures
A panel debate at ILS Insight also heard about increasing investors demands for transparency.
07/24/2018
City broker drops 12% after warning of revenues drop
The warning comes after the company posted triple-digit profit growth in its 2017 results, on revenues up 36 per cent to £59.5m.
07/24/2018
RWC unveils UK equity income fund for Purves and Lance
High conviction, value strategy