02/24/2017
Standard Chartered Drops After 2016 Profit Misses Estimates
Operating profit excluding one-time items was $1.09 billion, missing the $1.42 billion average estimate of 13 analysts surveyed by Bloomberg.
Alternative Investments
02/24/2017
Are Hedge Funds Due for a Comeback?
Barclays’ annual industry outlook forecasts a return to net inflows – but Preqin offers a less rosy perspective.
02/23/2017
Harwood clashes with SEC board over trust split
Harwood Capital Management said splitting the £140m trust into two separate entities would give investors the choice between fund managers.
02/23/2017
Experts make case for Norway’s Sovereign Wealth Fund to Diversify into Renewables
It would allow the fund the capture the value and reap the returns from investing in the rapidly increasing renewable energy sector.
02/23/2017
Cayman Investment Funds In Europe
The task of unbundling decades of legal, regulatory and tax integration is a complex and unprecedented undertaking.
02/23/2017
EM boutique Somerset launches ex-tobacco fund
Robertson will be supported by a team of 17 investment professionals based in London and Singapore.
02/23/2017
Henkel reports strong quarter driven by emerging markets
It said growth was driven by emerging markets, which account for 42 percent of sales, with Latin America, particularly Mexico, leading the pack.
02/23/2017
UK Budget could see further cuts to lifetime allowance
The LTA, which caps the amount of money people can save tax-free into a pension over their lifetime, has already been slashed three times in five years, going from £1.8m in 2011 to £1m in April 2016.
02/22/2017
Avignon Capital sells office building in Oslo for €61m
The building holds a BREEAM “Excellent” rating, owning to its sustainability credentials, and on completion in Q3 2014 was ranked one of the 100 most sustainable office buildings in the world.
02/22/2017
AFH Financial Buys Devon-Based Adviser Bay Financial Management
The acquisition of Bay is our fifth acquisition this year and will be integrated in line with our established model to enhance shareholder value during the current financial year.
02/22/2017
HSBC Malta reports resilient profitability for 2016, increases dividends
The total amount of income recognised in the reported results in relation to this transaction is €10.8m.
02/22/2017
Lighthouse profits double despite trail commission hit
Lighthouse group has continued to progress in 2016 and has delivered a good set of results
02/22/2017
Global Prime Partners to launch wealth solutions platform
Follows launch of structured products division
02/22/2017
Lovell Minnick Partners Announces Growth Investment In Trea Asset Management
Its own branded funds and alternative private equity and credit products.
02/22/2017
When I'm 64 - Standard Life Investments
Naturally the scale of the challenge varies from country to country with the UK, Korea, New Zealand, China, Thailand, Ukraine and the Netherlands all facing large increases in expenditure.
02/22/2017
Aegon underestimating cost of Cofunds upgrade
We expect that €280m will be needed to invest in upgrading the technology of Cofunds.
02/22/2017
BlackRock Tie Up With Fintech
Germans are famous for saving their money, and a new tie up between the U.S. investing giant and a fintech group hopes to entice them to invest it in more active funds
02/22/2017
Could you profit from the star fund managed by two women?
Meet the investment industry's only all female double act
02/22/2017
Gresham House raises £8m as it launches pension strategy
This platform will enable us to reduce costs and obtain diversity in our investments.
02/21/2017
Aviva threatens to cut ties with firms bucking diversity
Aviva’s warning was intended for companies that had failed to commit to gender diversity initiatives such as the 30% Club campaign, which Aviva signed up to in May 2016.