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Vanguard’s European profits up 40% in 2016

Low-cost fund provider’s attempts to break into the continental market is working

Vanguard's European profits increase to more than £5m

In particular, the group increased its footprint with fee-based IFAs

Hedge fund boutique launches India fund

The fund is open to investors with over $1 million (£780,000) to invest and has a 1% management fee.

Ex-Amundi UK chief expands with Arctic funds deal

It was first sold to Canadian bank CIBC and then to Millennium.

Scotland’s economy: private sector growth ‘subdued’

Manufacturers upped their output at a steady rate, and while the rate of growth eased since May, production growth was above that of business activity in the service sector.

UK PE firm Altitude Partners launches second regional fund

Altitude also exited The Care Division last year through a sale to Alina Homecare backed by Bridges Ventures, generating a multiple of 2.9x.

Brave property investors reap rewards

The Aviva fund has kept a hefty safety buffer, with 45 per cent of its assets in cash or cash equivalents.

Schroder UK Growth underperforms benchmark

The company said that investment trusts with UK portfolios were struggling because of Brexit.

Who triumphed at the IW Fund Manager of the Year Awards 2017?

Funds on the final shortlist were analysed and debated by sector specialists

Luxembourg Lists First Ever Reserved Alternative Investment Fund

More than 100 RAIFs have been created since the law was passed, however, it’s the first time a RAIF has been listed on an exchange.

LME and the World Gold Council confirm LMEprecious launch on 10 July

The contracts were designed to support ongoing regulatory change, enabling greater market transparency and access, as well as providing additional robustness to the precious metals market.

Aegon UK chief: we want to be platform consolidator

He would like the company to be seen as a specialist in this area.

Natixis eyes $8tn stuck in benchmark-hugging funds

Highly acquisitive French asset manager wants even more M&A as it looks to Asia

AXIS announces Novae acquisition

The acquisition will be funded from AXIS’s existing cash resources

Elevate platform to offer Standard Life International Bond

Standard Life International said that offshore bonds can play “an important part in a portfolio”

Saba Capital, famed for 'London Whale' bet, to shut London office

A subsequent period of underperformance saw a number of investors pull their money, only for Saba to bounce back and attract fresh capital with a market-beating 3 percent gain in 2015 and returns of 22 percent in 2016, one of the sources said.

Unigestion closes fund at 255 mln euros

Switzerland and London-based investment house Unigestion has closed its direct opportunities 2015 fund at 255 million euros. The limited partners of Unigestion Direct Opportunities 2015 include insurers, pension funds, banks and family offices from the UK

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