12/19/2018
Pretax profit fell to 113 million pounds ($146 million) in the six months ended Nov. 30 from 136.2 million pounds a year earlier, said IG, which was the world's first spread-betting firm when it started in 1974 with just three employees.
12/18/2018
Post-merger, Wellington and Jennison each will manage 27% of the fund, Jackson Square and Baillie Gifford each will manage 15% of the fund, and Vanguard will manage 15%, a Vanguard spokeswoman said in an email.
12/18/2018
Indecision was also evident with the 47 per cent of investors who said they had not changed their allocation to UK equities this year, while 30 per cent had reduced their allocation.
12/17/2018
Swiss investment bank hit by $3.1bn outflow in November after year of headwinds for managers
12/17/2018
Set up in the 1990s, the fund invests oil income abroad to avoid stoking inflation at home.
12/17/2018
The report highlighted Aviva, AQR, Liontrust and CCLA as fund firms which have ‘repeatedly stood up to be counted on key controversial votes in both 2017 and 2018’.
12/17/2018
As such, these areas level the playing field between local and international buyers because they grant foreign investors the same rights as Maltese residents.
12/14/2018
Flexstone Partners has combined assets of $6.7 billion and a global team of more than 40 private equity experts in offices in Paris, New York, Singapore and Geneva
12/14/2018
This milestone is another step towards the full integration of the businesses by the end of 2020.
12/14/2018
The fund invests in a concentrated portfolio of 20 to 30, blue chip 'quality' companies from across the globe which includes the likes of PepsiCo, Microsoft, Paypal and Estee Lauder.
12/14/2018
Phoenix Group Holdings now operates new group holding company structure in the UK from 12 December
12/13/2018
The deal comes despite wider jitters in the commercial property market about rental growth prospects and tenant demand after Britain leaves the EU.
12/13/2018
Once the transaction is completed Monyx will become a fully-owned subsidiary of East Capital Group.
12/13/2018
Well-known former UBS, Goldman and Barclays broker is latest to go it alone in the City
12/13/2018
"This transaction further strengthens our position as we reach AUM volume of EUR 8,1 billion” says Timo Nurminen, Head of Property Investment Management at Catella.
12/12/2018
It found the absolute worst performing fund, across all asset classes, was the £211m Jupiter India Select, which lost 28.8 per cent, while the £848m Jupiter India fund, the third worst performer, has lost 25 per cent.
12/12/2018
Outgoing Royal London chief executive Phil Loney has said he is ‘open-minded’ about a move to rebrand the wrap platform Ascentric in 2019.
12/11/2018
New chairman appointed
12/11/2018
Buying a high street bank subsidiary would be far larger than previous deals, but Butterfield could access capital to pay for such acquisitions. ‘
12/11/2018
To be considered for coveted Chartered status, which is described by the Chartered Insurance Institute as the ‘gold standard for firms of insurance brokers’, Rossborough had to meet rigorous criteria relating to its professionalism and capabil