04/27/2015
R.B.S. Agrees to Sell Another Batch of Company Loans to Mizuho
The portfolio consists of $5.6 billion in commitments
Alternative Investments
04/27/2015
Legg Mason renames ICVC fund range
Legg Mason Global Asset Management has renamed the Legg Mason Funds ICVC fund range adding the subsidiary managing the fund to the name.
04/27/2015
JPMAM merges UK Focus fund with UK Dynamic fund
JPMorgan Asset Management plans to merge the underperforming UK Focus fund with its UK Dynamic fund as it aims to “simplify and improve” its range.
04/27/2015
BlackRock buys 11% of Patient Capital
BlackRock has added to the wave of cash flowing into the Woodford Patient Capital Trust with the purchase of an 11% stake.
04/24/2015
Flash crash trader Navinder Singh Sarao is a 'hero', says fund manager
Navinder Singh Sarao's actions have been described as heroic by a fund manager, as US authorities pursue him for allegedly causing a market crash
04/24/2015
The fund that never meets with company CEOs
At a time when regulators are cracking down on the way fund managers pay for company visits to help work out investment strategies
04/24/2015
Qatar buys majority stake in three luxury London hotels
The company has been amassing some of Europe’s best-known hotels including the Intercontinental Park Lane, the St Regis in Rome and Le Grand in Paris.
04/24/2015
Qatari-led group completes deal to buy London's Canary Wharf
It is expected that Songbird's shares will cease to trade on London's AIM market on April 23.
04/24/2015
Global Alternative Asset Manager agrees to sell Majority Stake in Metrologic Group
The company's universally compatible metrology software delivers high performance, ease-of-use and processing speed. Metrologic solutions are used by 4,000 customers in 40 countries.
04/24/2015
AXA Real Estate branches out in Spain
AXA Real Estate has bought a portfolio of Spanish bank branches for €308m.
04/24/2015
Nigerians Buy Up London Luxury Property
Luxury property agents in London reveal that Nigerians are the biggest buyers in the London luxury property market among other Africans, having spent for their new glamorous homes in British capital nearly $400 million in the last three years.
04/23/2015
Liontrust Asset Management Launching Global Strategic Equity Fund
Liontrust Asset Management is launching a new fund aimed at alternative international investments
04/23/2015
Italian bid for Global Capital
The company was formed in Malta in May 2014
04/23/2015
7IM launches “smart passive” equity value fund range
7IM innovates again – by unitising its in-house smart passive baskets of equities that have been running successfully as holdings in the 7IM funds for some time.
04/23/2015
UniCredit reaches deal with Santander on asset management units
The two banks said in September they were in talks to merge Santander Asset Management and UniCredit's Pioneer Investments.
04/22/2015
Biggest investment trust launches: where are they now?
Ever heard of Mercury Privatisation or Britannic UK Income? We explain what went wrong for some of the biggest trust launches of the past 25 years
04/22/2015
Savills beefs up rural presence with acquisition
Savills UK Executive Director Philip Gready will continue to lead the UK REP division
04/22/2015
New Fund Emerges from Standard Life Investments
Standard Life Investments has announced the launch of a fourth strategy1 in the suite of Emerging Market Debt (EMD) products it currently has available to retail and institutional investors.
04/21/2015
Ex-BlueBay veteran's hedge fund Goldbridge shuts down
"The Goldbridge Capital Partners board took the decision to close Goldbridge earlier this year, and wind down the Goldbridge Credit Value fund," Northill said in a statement on behalf of Goldbridge.
04/21/2015
Institutions look to hedge fund to meet portfolio expectations
Hedge fund assets may have reached a record $3 trillion in 2014 but the decision by a number of high profile pension funds to drop hedge funds from their allocation has sparked questions around the role of these funds going forward.