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”.
Alternative Investments
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
07/08/2015
Rebel investor Edward Bramson spared making bid for Electra
Activist shareholder crosses the 30pc threshold of private equity firm Electra, but escapes being forced to make a bid