07/22/2015
Nama says value of Project Eagle assets rose by 2-3% ‘at best’
Agency disputes claims that value of assets in portfolio has risen by 20% since it was sold to US group Cerberus
Alternative Investments
07/22/2015
Beechbrook Capital to launch fund for UK small and medium businesses
Fund is looking to raise between £100m and £200m to back mid-market companies with turnover ranging from £5m to £50m
07/22/2015
European banks aim to sell €74bn of real estate debt
Investors will be offered range of distressed opportunities in an effort to trim loan books
07/22/2015
UK rolls out the red carpet for Chinese fund managers
The message was crystal clear: come to London and do business.
07/22/2015
Canada Life eyes property push
Canada Life Investments is considering the launch of a dedicated property fund range.
07/22/2015
CISE set to acquire GXG’s SME marketplaces
The deal means that CISE will acquire the assets of GXG, including use of its trading system, its London offices and three London-based members of staff.
07/22/2015
Britons flock to snap up property bargains in France
British homebuyers used to arrive in France with hammers and chisels ready to renovate tumbledown properties in far-flung corners of the country.
07/22/2015
Preqin: Four-Fifths of European hedge funds are AIFMD-compliant, compared to just 15% in US
Preqin's latest survey of global hedge fund managers reveals that most UK- and Europe-based hedge fund managers are AIFMD- compliant. By contrast, there has been slow uptake among firms beyond the EU's borders.
07/22/2015
Old Mutual scraps income target in Generation funds overhaul
Old Mutual Global Investors is overhauling two of its Generation funds in order to manage them ‘more flexibly’ in light of the pension reforms.
07/22/2015
Sweden's Bima raises $38m for further expansion
Bima, the Swedish mobile insurance pioneer backed by private equity, has raised $38m to continue expanding in emerging markets.
07/22/2015
Linear Investments acquires AQX Securities assets
Linear Investments has acquired the assets of AQX Securities agency execution business from the Aquila Group.
07/21/2015
Investors flood to untested absolute return funds
Investors feeling buffeted by a run of volatile years are turning increasingly to absolute return funds, which aim to deliver positive returns even in falling markets. This is prudent at the end of a long bull run, but the latest products have yet to be t
07/21/2015
LME Clear receives BoE approval for trade-compression service
The new post-trade, risk-neutral system will allow members to offset multiple trades that have compatible characteristics into a single trade
07/21/2015
La Banque Postale AM reports €1.2bn AUM in SRI in 2014
The asset manager has also highlighted that ESG criteria have been applied to €96.98bn of its total assets under management.
07/21/2015
Chris Hohn's Activist Hedge Fund Has Big First Half Of 2015
Chris Hohn, the London-based activist hedge fund manager, has been having one of the stronger years in the high-profile activist hedge fund arena.
07/20/2015
Brevan Howard switch ends talk of London exodus
It is not clear whether Mr Howard himself will return to London with the other traders. Brevan Howard declined to comment.
07/20/2015
New wave of support for UK sovereign wealth fund
Countries with sovereign wealth funds tend to run fiscal surpluses, something the UK government is a long way from achieving.
07/20/2015
The leadership battle at the top of Libya's sovereign wealth fund
The fund is supposed to manage the nation's oil wealth for the good of its war-torn people, but is itself driven by leadership rivalries
07/20/2015
Hargreaves Lansdown set to add 5,000 clients on Jupiter trust deal
Hargreaves Lansdown is primed to add another 5,000 retail clients to its books through an investment trust deal with Jupiter.
07/20/2015
Ardan ties with RL360° for platform-ready offshore bonds
The tie-up will also allow advisers to apportion part of a policy’s investment to one or more discretionary investment manager