05/03/2016
Intesa says signed deal to sell payments units for 1.035 billion euros: Reuters
Under the final deal, which confirms what sources told Reuters on Thursday, the bank will pocket a net capital gain of 895 million euros.
Alternative Investments
05/03/2016
Swift joins ABN Amro as equity finance director
Between 2006 and 2012 he worked at MF Global as an equity finance trader, providing clients with stock loan equity positions.
05/03/2016
Catella: Proptech business models – a paradigm shift for the real estate sector?
The specific factors shaping the real estate sector need to be taken into account when analysing the scene. At present, the main focus of proptechs is on two sub-segments: crowdfunding (ultimately another form of finance) and property brokerage platforms.
05/03/2016
Bfinance turns to private equity for a second time to fund expansion
The firm has turned to private equity for a second time to take advantage of what it sees as a growing demand for third-party investment advice in alternative assets
05/02/2016
Paul Coulson shows his bottle with €3bn drinks can deal
Ardagh Group’s head is funding the company’s biggest purchase the old way: leveraging
05/02/2016
Qatar fund uses more external managers, cuts focus on Europe
But its review, which follows sharp falls in the prices of some of the European assets and a plunge in oil and gas prices that slashed Qatar's export revenues.
05/02/2016
As LHV Varahaldus finalizes the purchase of Danske Capital AS, Danske Bank A/S’s Estonian-established asset management company
Danske Capital AS manages three mandatory and two voluntary pension funds.
04/29/2016
PGIM Reaches $1bn in UCITS Assets Under Management With 10 Funds Launched
PGIM’s UCITS platform has surpassed US$1 billion in assets, as of March 31, 2016, through its first 10 funds with more funds to be launched in the coming year
04/29/2016
Ireland and the EU are backing a massive €230 million expansion at DCU
The money is being used for a massive development of the university’s campus.
04/29/2016
Source scoops Nomura Emea equities head
Ide, formerly chief executive at Old Mutual Global Investors, joined Source in March this year following the departure of founder and CEO Ted Hood last year.
04/29/2016
Agent Provocateur names LVMH veteran Fabrizio Malverdi as new chief
Fans of Agent Provocateur could soon see some Italian influence in its lingerie after LVMH stalwart Fabrizio Malverdi was picked as its new chief executive.
04/29/2016
Charles Stanley shuns robo rush for less wealthy
With initiatives such as the Financial Adviser Market Review, the government and the Financial Conduct Authority are seeking to help those who need advice but have savings too low to attract advisers now focused on the high-net worth.
04/27/2016
Aviva switches to FNZ for adviser platform
Aviva advised platform chief executive Tim Orton says: “We’ve got the majority of our business on FNZ already and it was the optimal choice to use that architecture going forward.
04/27/2016
European Union Pushes Away Bitcoin Regulation for Now
The European Union is not in a hurry to implement Bitcoin regulations as they are not sure about the potential of bitcoin and its underlying technology.
04/27/2016
ThinCats breaks record for largest non-property P2P loan with £3.5m auction for LAMP Group
ESF Capital will underwrite the deal, while Capital Engine act as sponsor
04/27/2016
Centrepoint’s managed account service hits $100 million FUM
It also leverages the global research capability of some of the world’s leading investment managers to build investment strategies that provide choice of investment styles
04/26/2016
Norway Boosts Withdrawals From World's Biggest Wealth Fund
The government withdrew 7.4 billion kroner ($898 million), according to monthly data published by Norwegian Government Agency for Financial Management.
04/26/2016
UK insurer Phoenix poised to buy Axa's Sun Life
UK insurer Phoenix Group is close to securing a £500m ($717m, €634m) buyout of smaller rival Sun Life from French insurance giant Axa, The Financial Times has reported.
04/26/2016
Signs of Recovery Emerging Europe's investors signal turnaround in emerging market fund flows
Acknowledging that pundits have been calling the bottom in EM for some time, Cerulli Associates, a global analytics firm, says data from EPFR Global for the first few weeks of March suggest a real turnaround.
04/26/2016
‘Vultures are circling’ as Standard Life eyes Elevate deal
Experts say a merger – which would see the combined platform ranked third for assets under administration – will be extremely costly for Standard