03/10/2016
Aviva backs revamped Sesame
This came as a result of an internal review, carried out by John Cowan, executive chairman of Sesame Bankhall Group.
Alternative Investments
03/10/2016
FTSE Russell signs collaboration agreement with Trendrating
The agreement will see Trendrating work with FTSE Russell to develop new innovative momentum indexes.
03/10/2016
Morningstar crowns EI Sturdza Strategic Europe Value Fund the best European equity fund in Switzerland
The Fund received the top award for risk-adjusted outperformance over five years, beating more than 1,000 of its Swiss fund peers.
03/10/2016
ABN AMRO Clearing To Consolidate UK Equity Clearing With EuroCCP
ABN AMRO Clearing will direct all trades in UK stock to EuroCCP to maximise cross-platform netting.
03/09/2016
Are investors finally quitting overpriced underperforming hedge funds?
Deutsche Bank research shows that 71% of pension funds now employ a consultant versus just 15% in 2010.
03/09/2016
AIMA launches hedge fund director DDQs
The Alternative Investment Management Association (AIMA) has launched a set of Due Diligence Questionnaires (DDQs) for hedge fund directors.
03/09/2016
Norway Wealth Fund Isn't Joining Global Stock Selloff, CEO Says
The comments follow evidence that wealth funds across the Middle East and central Asia have sold assets to plug deficits amid plunging oil prices.
03/09/2016
Hungary Central Bank to Revamp Bourse After Purchase
Stock exchange to play more central role in corporate financing
03/09/2016
FirstRand looks to UK expansion as African market starts to slow
The plan comes as growth in the South African economy — its largest market — slows and amid fears of a sovereign credit downgrade to junk.
03/08/2016
Arm of Singapore’s Temasek agrees £417m deal for UK student digs
The transaction — the biggest UK student accommodation deal this year and one of the four largest so far
03/08/2016
Trend-following hedge fund strategies lead performance in 2016
Down markets are as good as uptrends, so long as they are clear, and in January and most of February, financial uncertainty proved profitable.
03/08/2016
Fidelity soft closes UK Smaller Companies for second time
The fund was first soft closed back in April 2013 when assets reached £250m, and later peaked at £370m.
03/08/2016
RMIH betting on UK for next big investment
These businesses are respectively worth R20 billion and R10 billion to the investment holding company.
03/08/2016
French luxury group takes step towards IPO
The company, controlled by private equity firm KKR
03/08/2016
Kleinwort Benson's Mayfair office sold to Hong Kong billionaire
The average passing rent is £86.88 per sq ft.
03/08/2016
Gresham House to buy five Scottish forests in £12.1m deal
The portfolio of five forests it will purchase in the west of Scotland span a total of 4,880 acres.
03/07/2016
Miton’s David Jane: “We find the concept of negative yields difficult to understand”
The policy is supposed to stimulate the economy by encouraging individuals and companies to borrow more as it is cheaper and encourage savers to invest in riskier assets rather than leave their money on deposit.
03/07/2016
Schroders launches first liquid distressed fund
The fund will be externally managed by New Generation Advisors, which has a 26 year track record investing in distressed securities.
03/07/2016
Investors gain 9% return on convertible bond in AIM-listed business
The balance of the consideration has been funded through the issue of new ordinary Venture Life shares worth a total of £1.7m, and existing cash resources.
03/07/2016
AnaCap snaps up Italian NLPs, continues pondering new digital bank
AnaCap is also interested on launching itself into the crowded digital banking arena. Under the project name “Abacus”, the private equity firm plans to square up to the likes of Atom Bank and Mondo.