07/28/2016
Sahara rejects $1.3 billion offer for sale of three prized overseas hotels
"This is a long-term investment opportunity for us. We have submitted a very compelling offer. It is now up to the Supreme Court and the Roy family."
Alternative Investments
07/27/2016
City of London eyes alternative to 'passporting' to link with EU
The idea was to take advantage of provisions in law that allow funds to tap potential investors across the EU, without the laborious process of seeking approval from every country they want to do business in.
07/27/2016
JPMAM renames Cautious Managed fund and cuts AMC
Re-branded as Global Macro Balanced fund
07/27/2016
Three reasons to consider international investing - Hargreaves Lansdown
The list is headed by Apple, with fellow tech giants Google and Microsoft also in the top five.
07/27/2016
Aviva launches low-cost governed portfolios
Alongside the BlackRock Cash fund, only four other funds in the portfolios are actively managed.
07/27/2016
Hibernia Reit sees more property IPOs as private equity exits
Property firm says too early to assess impact of Brexit on Dublin office market demand
07/27/2016
Deutsche Boerse wins investor support for London Stock Exchange merger
The German shareholder base will now have two more weeks to put forward stock or risk becoming stranded in old shares once the deal completes.
07/27/2016
Jupiter's inflows more than halve, but profits keep going up
This translated to H1 2016 adjusted earnings before interest, tax, depreciation and amortisation
07/27/2016
Pioneer/Santander AM merger plans scrapped
The potential merger had originally been thrown into doubt following the exit of UniCredit’s chief executive officer, Federico Ghizzoni
07/27/2016
Falling Luxury London Property Market Hits Capital & Counties
The 14 per cent write-down on Capital & Counties’ share of the 77-acre development
07/27/2016
JLT cuts 300 jobs from UK employee benefits business
The company expects to save £9 million from the cuts this year.
07/26/2016
Jpmam Cuts Fee On Talib Sheikh'S Rebranded Fund
The £175 million fund will be renamed the JPM Global Macro Balanced fund from 24 September to bring it in line with the firm's other multi-asset macro strategies.
07/25/2016
Brexit ‘stampede’ out of UK funds
M&G, Schroders, Fidelity and Invesco suffer billions of euros of withdrawals
07/25/2016
Lord Abbett Looks to Build on Success of Passport Portfolios
Suite of Offshore Strategies Achieves Major Milestone
07/25/2016
Alternatives firm partners with boutique for fund launch
Working together with Hamburg-based specialist investment firm Alpha Centauri, Aquila Capital plans to make the new strategy available through a Ucits fund as well as other investment vehicles.
07/25/2016
Aurora IT rises from the ashes with new manager Phoenix AM
Phoenix AM, which has an 18-year record running a range of offshore funds, then took over management of the vehicle in January.
07/25/2016
Hiscox UK grows GWP to £244.4m
The provider explained that in the UK product innovation remains critical and helps it to differentiate in these markets.
07/25/2016
Change in Ownership for Insurance Specialist
He left Oval in 2012 but retained an ongoing friendship with Hodson and his family.
07/25/2016
Mellon Selected by BMW Group for its Sponsored Depositary Receipt Program
World's leading DR bank strengthens presence in German market
07/25/2016
TMI's Herberts London-bound amid private client restructuring
Thomas Miller Investment has begun a significant restructuring of its investment management business.