08/31/2016
Prudential's UK staff take industrial action over Mumbai job plan
A spokesman for Prudential said around 80 jobs were being transferred to Mumbai, but at least 30 UK employees had already found other roles in the company.
Alternative Investments
08/31/2016
Strong inflows boost BNP Paribas mortgage fund as hunt for yield continues
Even in risk-off scenarios, agency MBS spreads typically outperform investment grade credit and other riskier sectors.
08/30/2016
Unigestion’s fourth Secondaries Opportunities Fund sees successful first close
This fund represents a continuation of the secondaries strategy that Unigestion has successfully deployed since 2000.
08/30/2016
Legal & General seen to weather Brexit impact, market pressures
The ratings reflect the insurance firm’s “strong earnings track record, solid business profile and excellent risk-adjusted capitalisation,” said AM Best, which assigned a stable outlook for each of the ratings.
08/30/2016
Why there will be more ‘for sale’ signs over insurance
Phoenix does not generate new business and its growth is dependent on its access to closed funds that were originally sold as policies to the public.
08/30/2016
Baloise: German Business Pares Group Profit
Without the effect of adding to the reserves, Baloise's profit would have stood at 261.5 million francs.
08/29/2016
MidEast buyers said to invest $11m in BBC’s former London home
The scheme is also planned to include cafes and restaurants, an independent cinema, 400,000 sq ft of premium office space and new outpost of private members’ club Soho House, complete with 47-room hotel.
08/29/2016
US hedge fund Marathon makes Brexit bet on European property
Marathon, a $13bn US hedge fund, is building a big Brexit trade
08/29/2016
Carlyle weighs withdrawal from hedge funds
Carlyle is weighing whether to withdraw from its hedge fund activities
08/29/2016
An 88-year-old retail giant disappears from Britain's high street
One BHS customer described the BHS shut down as an "end of an era" during an interview with Sky News.
08/29/2016
Thais snap up London flats
The number of apartments sold to Thai buyers has doubled since the Brexit vote.
08/29/2016
Galway firm hired as contractor for Dublin 4 residential scheme
Chartered Land appoints JJ Rhatigan for scheme on site of former Berkeley Court
08/26/2016
M&A firm to shut down Cayman holding company
Life company consolidator Phoenix Group plans to close its Cayman Islands holding company and set up a new operation in the UK.
08/26/2016
Zenith Insurance to withdraw from Irish motor market
Gibraltar-based insurer to stop writing new business through Irish agents in February
08/26/2016
L&G removes lifetime mortgage arrangement fees
Legal & General has also announced a further reduction to lifetime mortgage rates across its whole product range.
08/25/2016
IFG sees Brexit impacting near-term growth rate
Adjusted operating profit up 31% in first half to £4.4m as revenues rise 16% to £39.9m
08/25/2016
Catella Q2 income increased by 14%
The Group’s operating profit also increased sharply
08/25/2016
This Knightsbridge flat a stone's throw from Buckingham Palace costs just £295k ... but there's a catch
The pint-sized 300sq/ft property, 450m from Harrods and just a short walk from Hyde Park and Buckingham Palace, has a living and sleeping area, modern bathroom and a kitchen.
08/24/2016
The Woman Who Revived Russia’s Markets
The moves were painful for Russia’s economy, which went into a sharp recession as the value of the ruble slumped, reducing consumer and business purchasing power.
08/24/2016
Moscow-Based Hedge Fund Manager Says Russia Getting Better
The negatives are well known, meaning they are already baked into the cake of Russia-based investment funds.