02/07/2017
Century-old mutual insurer Reliance sold to specialist firm
It is expected that Reliance Mutual’s members will receive a one-off payment dependent on policy size to compensate for loss of membership rights.
Alternative Investments
02/07/2017
Man GLG makes $450m bet on innovation
Former partner at Cheyne Capital to run new fund investing in companies susceptible to innovation
02/07/2017
Credit Peers Revolutionizes Property Investment In The UK
Alternative Finance report found that property is the fastest-growing and most popular form to loan money, garnering potentially high returns.
02/06/2017
Investment culture in Europe stunts growth in ETF market
In the US, 90 per cent of fund flows have been into passive products
02/06/2017
Ireland benefits from surge in Chinese investment
The scale of recent investment amidst a period of global uncertainty was revealed by data from Baker McKenzie.
02/06/2017
L&G extends partnership with Ipswich BS
Ipswich Building Society originally partnered with Legal & General Mortgage Club’s in May 2015
02/06/2017
ML Capital evolves fund solutions offering
ML Capital operates two platforms: MontLake QIAIF and MontLake UCITS. Both avail of the Irish ICAV structure, the latter being UCITS V-compliant.
02/06/2017
Multiple growth drivers boost Ireland’s Funds Industry
By the end of October 2016, that figure had risen to EUR26.5 billion.
02/06/2017
US hedge funder rejects National Gallery's £30m offer to buy Pontormo portrait
Brexit pound slump means that Tom Hill would have lost $10m, but he breaks commitment
02/03/2017
London Metal Exchange rapped over suspicious trade monitoring
FCA criticism a factor in ousting of chief operating officer
02/03/2017
Scottish investment trust frees itself of Aviva
Rush to quit investment trust sector sees FTSE 100 pension provider sell 12% stake in Scottish at big discount to asset value.
02/03/2017
City fears German raid on Carsten Kengeter's office could hit Deutsche-LSE merger
But that transaction took place more than a year ago and was made public at the time.
02/03/2017
Liontrust launches European smaller companies fund
The GF European Smaller Companies Fund has been launched to make this strategy widely available for the first time.
02/03/2017
Fund firm Aberdeen Asset Management down €350m
The firm added that a further £2.4bn was scheduled to be withdrawn from lower-margin portfolios this quarter.
02/03/2017
CoInvestor platform evolves to include funds as business grows
CoInvestor continues to forge strong relationships with leading tax-efficient fund managers
02/03/2017
Invesco reconfigures Paris' Terminus Nord Hotel with 25Hours brand
The combination of this trophy asset and the location of Paris, one of the most popular European travel destinations.
02/03/2017
US hedge funds start to bet big on Europe
Valuations look attractive compared with the US as investors look again at the region
02/02/2017
Core Equity Holdings looks to retain assets for a decade
Private equity group’s strategy moves away from industry’s ‘pass the parcel’ model
02/02/2017
Covéa Insurance reveals chartered status
For the second successive year the firm’s commercial lines and high net worth team has earned Chartered Insurer Status as proof that it meets the rigorous criteria necessary to match the CII’s professional standards.
02/01/2017
Family-owned insurance firm expands into new Gloucester offices
The offices have been specially adapted to our needs and we have plenty of parking space for our clients.