04/14/2016
Hargreaves Lansdown nets £233m in multi-manager fund launch
Hargreaves Lansdown’s fund has an initial charge of 3 per cent and ongoing charge of 1.33 per cent.
Alternative Investments
04/14/2016
Swiss Re, L&G Said to Weigh Bids for Deutsche Bank's Abbey Life
The asset has an estimated value of about 1 billion pounds ($1.42 billion)
04/14/2016
BNP Paribas REIM seeks a more distinctive European flavour
We see potential to develop individual strategies and a broader European perspective for French (but also other European) clients
04/14/2016
Billionaires Win Approval to Turn London Tower Into Homes
Soaring prices for luxury homes encouraged developers to seek to turn office space into 16,600 new homes in greater London in the two years through May 2015.
04/14/2016
Bennelong Funds Management ramps up offshore expansion
The firm is owned by BRW rich lister Jeff Chapman and pours profits into philanthropic endeavours.
04/14/2016
Octopus Investments launches P2P product for sceptical adviser industry
Loans will never be more than 70 per cent of the value of the property they are secured against.
04/13/2016
One of London’s leading hedge fund managers has given a six-figure sum to the campaign for Britain to stay in the EU
He is a specialist in trading currencies and interest rates based on his views on the direction of monetary policy and economic growth.
04/12/2016
Carmignac's Medecin Likes CoCos, Just Not Deutsche Bank's
CoCos are the first debt securities to get hit if a bank runs into trouble.
04/12/2016
London Stock Exchange Must Be Based In Frankfurt': Now German Politicians Pressure Deutsche Boerse To Reject 'Merger Of Equals
Deutsche Boerse hopes to take over the 215-year-old exchange in a £21billion deal both sides insist would be a ‘merger of equals’.
04/12/2016
Rothesay Life buys £6bn annuity portfolio from Aegon
It is also the first substantial annuity transfer since Solvency II came into force in January 2016.
04/12/2016
Deutsche Asset Management extends fixed income strategic beta ETF range with emerging markets launch
Deutsche Asset Management has launched a quality-weighted fixed income ETF that provides exposure to emerging market sovereign bonds. The ETF has listed on the London Stock Exchange and the Deutsche Börse and follows the December 2015 launch of Deuts
04/12/2016
Asset managers hiding £1.75bn in fees, report claims
The investment manager, which campaigns on charges transparency, says that hidden execution and research costs and transaction taxes amount to 0.38 per cent of fund assets a year on average.
04/11/2016
Stability and diversity are hallmarks of Maltese economy
The Maltese economy today is diversified and supported by sectors such as ICT, advanced manufacturing, maritime and life sciences, besides tourism.
04/11/2016
New Irish private equity firm launches first €60m fund
New Irish private equity firm Causeway Capital has launched its first fund to be invested in small and medium businesses in the UK and Ireland.
04/11/2016
Morningstar Announces Agenda for 10th Investment Conference, London, 10th-11th May 2016
Headlining presenters include Richard Buxton, Head of UK Equities and Fund Manager, Old Mutual Global Investors, who will discuss macroeconomic issues facing today’s equity investors.
04/11/2016
7IM buys gold for first time in three years
The team has also increased its allocation to US inflation-linked bonds from 2 per cent to 8 per cent, funded from cash weightings.
04/11/2016
GE Money Bank plans share sale on Prague Stock Exchange
The bank said Citigroup, Goldman Sachs International and J.P. Morgan have been appointed as joint global co-ordinators and joint bookrunners to the offer
04/11/2016
Daily Mail parent in talks with private equity for Yahoo bid
DailyMail.com and MailOnline are the celebrity-focused news websites of the right-leaning London-based Daily Mail newspaper.
04/11/2016
U.K. Bank Acquisition Vehicle NBNK to Close Without a Deal
The company raised 50 million pounds ($71 million) in its 2010 initial public offering and planned to gain as much as 6 percent of the U.K. banking market
04/11/2016
Institutional investors drive German fund flows
Open-ended real estate and multi-asset funds saw the highest sales, receiving positive inflows of €0.9 billion and €0.4 billion respectively, while equity and bond funds reported outflows of €0.7 billion and €1.8 billion.