09/16/2016
Germany's Universal-Investment sold to UK private equity firm
Universal has seen a rapid increase in assets under management over the last decade, growing from €60bn to €280bn over the period.
Alternative Investments
09/16/2016
Phoenix in advanced talks to buy Deutsche Bank's Abbey Life
Regulatory changes and rock bottom interest rates had ramped up pressure on industry players to deal with their legacy books.
09/16/2016
Lyxor partners with NY boutique for Alt Ucits fund
The fund will seek to achieve risk-adjusted returns with lower volatility than equity markets.
09/16/2016
Van Lanschot Participaties acquires non-controlling interest in Adomex International
The transaction is still subject to the approval of the Dutch Authority for Consumers and Markets (ACM).
09/16/2016
True Potential portfolios hit £1bn mark
The True Potential Portfolios, which have a starting investment of £50, are also managed by UBS, SEI, Seven Investment Management, Close Brothers Asset Management and Columbia Threadneedle.
09/16/2016
True Potential portfolios hit £1bn mark
The 10 risk-rated portfolios, which are managed at no additional cost beyond the fund charges, have seen growth between 8 and 19 per cent since they were set up.
09/16/2016
Lighthouse and Octopus join forces for fund firm launch
The three funds will be available through the Lighthouse Zurich Platform, which has been established through a partnership with Zurich, for Lighthouse's core customer base.
09/16/2016
SVG’s board fends off £1bn HarbourVest offer as it entertains rival bidders
SVG brought forward the company’s latest strong performance
09/16/2016
Amundi, Credit Agricole Immobilier to merge real estate businesses
CAII has around €5 billion managed on behalf of institutional clients.
09/15/2016
NFU Mutual’s Turner to be next PFS president
more than 30 years’ experience in financial services, having held a number of strategy, sales and marketing-related roles
09/15/2016
Italy's Generali says not planning any merger
Speculation about a merger between the two companies has re-emerged in recent months.
09/15/2016
UK-based LJ Partnership acquires HK advice firm
The entities will continue to use the Guggenheim name under license from Guggenheim Capital.
09/15/2016
Bahrain's GFH sells remaining 18 pct of Leeds United
GFH Financial did not reveal the price at which it sold its remaining stake but said the deal would reflect positively on its financials and liquidity for 2016.
09/15/2016
THEAM Aims to Triple Assets Under Management in ETFS by 2020
THEAM now has a sales team dedicated to marketing its indexed fund offering and intends to strengthen it via further recruitment.
09/15/2016
Monaco commences €2 billion project to steal land from the sea for world's wealthy
The principality best known for its royal family and casino by the French Riviera currently has a surface of 485 acres, of which nearly 100 were recovered from the sea over the past few decades under Prince Rainier III - dubbed "the builder prince&am
09/15/2016
CapCo mulls bid for Queen's bank in Strand
TH Real Estate has made a £25 million profit in just two years having bought the headquarters from Legal & General in July 2014.
09/15/2016
Aegon calls for secondary annuity adviser qualifications
A consultation paper which proposed the idea of creating a standalone equity was released for qualification advise
09/14/2016
R&Q Acquires Royal London General Insurance in Run-Off
The transaction will be financed from the group’s bank facility and cash at hand.
09/14/2016
Alpha Real Capital announces the completion of two additional acquisitions
Andrew Bracey, Partner at Midlothian Capital said “We are delighted to have had the opportunity to work with Alpha Real Capital and their ILIF fund in the acquisition of Dobbies.
09/14/2016
Amundi, Generali Said Likely Bidders for UniCredit Asset Unit
UniCredit SpA will probably draw preliminary offers from several companies including Amundi SA, Assicurazioni Generali SpA and Poste Italiane SpA