07/15/2015
Challenger’s Fidante Partners acquires Dexion Capital
Challenger Limited’s boutique funds management division, Fidante Partners, is to acquire 100 per cent of European alternative investments group Dexion Capital Holdings Limited.
Alternative Investments
07/14/2015
City Spy: Advisers have £6 million field day at Center Parcs
Most of that will have found its way into the pockets of Rothschild, appointed to offer “strategic options”.
07/14/2015
Qatar’s Sheikh Hamad takes €1bn bet on Spain with retail stake
A Qatari investor has placed a €1bn bet on Spain’s economic recovery, with a deal to acquire 10 per cent of El Corte Inglés, the country’s biggest retailer and owner of the eponymous chain of department stores.
07/14/2015
Get ready for a 'fire sale' of Greek islands
Around 20 Greek islands were put on the market last year
07/14/2015
Generali Int’l adds Guinness products to direct fund range
Generali International has added two Guinness funds to its direct fund range.
07/14/2015
Axa UK signs deal to protect DB plan from longevity risk
Axa UK’s group pension scheme has closed a deal with the Reinsurance Group of America (RGA) to cover the longevity risk in its defined benefit pension plan.
07/13/2015
CapitaLand’s Ascott partners Qatar Investment for $600m fund
Through the partnership in serviced residences, Ascott and QIA will each contribute $300 million of equity funds to the joint venture.
07/13/2015
Multifonds named 'Best Buy Side Solution' at Goodacre Systems in the City Awards 20
The awards, presented by Mary Nightingale of ITV News
07/13/2015
Citic Said to Lead Bidding to Buy Frank Russell Arm From LSE
LSE Group bought Frank Russell for $2.7 billion last year, primarily for its index business.
07/13/2015
Standard Life unveils financial planning business 1825
Standard Life today announced its new financial planning business will be called 1825, evoking the long-term investment savings company's proud heritage.
07/13/2015
Smith & Williamson on taking crumbs from the big guys’ tables
After a year of preparation, Smith & Williamson’s head of funds reckons his team is ready and able to take on the behemoths with a core of actively managed ‘building block’ funds every allocator will need to use.
07/13/2015
BlackRock launches The Adviser Exchange
BlackRock has announced the launch of The Adviser Exchange, a digitally supported adviser centre, providing advisers and wealth managers with a range of new tools and services.
07/13/2015
How Stewart Cowley lost love for bond fund management
Trying to make sense of bond markets in extraordinary times finally became too much for Stewart Cowley.
07/10/2015
Offshore bonds to benefit from permanent non-dom abolition
The life industry has recommended offshore bonds to those facing UK tax on their foreign income, following the abolition of permanent non-dom status in yesterday’s Budget.
07/10/2015
Derek Quinlan: I miss Ireland every day
Boom-time financier Derek Quinlan claims he misses Ireland every day after going into exile to cut his tax bill.
07/10/2015
Standard Life reveals advice arm’s investment proposition
For clients who hold existing investments or products, we will consider these when advising them on their financial plan.
07/09/2015
7IM makes ‘risk-reduction move’ into US Treasuries
They have also got a decent real yield in the context of the zero-rate world
07/09/2015
BBVA to boost investment in European financial technology
BBVA is one of the few banks expected to benefit the most from a broader shift to mobile and digital banking.
07/09/2015
Man Group manager says hedge funds reducing risk over Greece
Chris Huggins, the manager of Man Group’s GLG Cross Asset Value Offshore told Bloomberg News in a telephone interview.
07/09/2015
Fund manager Ashmore sheds $2.2 bln in assets in Q4
Ashmore said quarterly outflows were mostly influenced by a small number of relatively large and lower revenue margin redemptions in blended debt and equities