02/05/2015
Enstar and Torus to Acquire Belgian Insurance Operations From Nationale Suisse
The transaction is part of its planned withdrawal from the Belgian market.
Alternative Investments
02/04/2015
UK’s Man Group secures investment into QDLP fund
UK-based alternative investments and hedge fund manager Man Group has become one of the first foreign entities to secure a significant investment into its Qualified Domestic Limited Partner (QDLP) fund,
02/04/2015
CBA awards $200m mandate to London manager
Commonwealth Bank has awarded a $200 million global equity mandate to a London-based fund manager.
02/04/2015
GAM launches India equity fund
The fund, investing in listed Indian companies, is registered for sale in Austria, Finland, France, Germany, Liechtenstein, Luxembourg, Norway, Spain, Sweden, the Netherlands and the United Kingdom.
02/04/2015
Psigma achieves two Defaqto 5 Star Ratings for a third consecutive year
The ratings confirm Psigma’s position as part of a small and exclusive group of discretionary fund managers who have not only achieved a Star Rating across multiple propositions, but have also maintained these propositions at the standard required t
02/04/2015
Sanlam to offer free ‘flexi-access’ option for freedom day
Sanlam has revealed a new ‘flexi-access’ facility due to go live from 6 April across both its personal pension and self-invested personal pension products will be provided without charge.
02/04/2015
No profit? Then you won't pay a penny: Orbis Access promises not to charge fees unless it puts in a punchy performance
A fund service for savers has launched, promising not to charge any fees - unless it puts in a punchy performanc
02/04/2015
Why a high-end London department store is moving into real estate
Shoppers at iconic retailer Harrods can now buy posh real estate—and use Oculus Rift virtual-reality goggles for a pre-tour
02/03/2015
BNY Mellon and Deutsche Asset & Wealth Management complete real estate fund administration outsourcing deal
Under the agreement, Deutsche AWM will outsource its direct real estate and infrastructure fund finance, fund accounting, asset management accounting, and client and financial reporting functions to BNY Mellon.
02/03/2015
Thorntons launches Dundee investment house with more than £350m funds under management
More than £350 million of funds under management have been transferred to an ambitious new Dundee investment house
02/03/2015
Commerzbank Plans to Open Ivory Coast Office to Tap High Growth
The government expects growth of 10 percent as it invests in infrastructure including highways and bridges and expands its ports
02/02/2015
Nama to sell €8bn of property loans in biggest sale to date
Loans are from smaller debtors and will be brought to market over the next 18 months
02/02/2015
Danish Central Bank in Knifefight with Nordea
Nationalbanken, the Danish Central Bank, made an unusual move at the end of January 2015 to stop selling sovereign bonds and arranging with the government, that public spending is financed for the rest of the year out of the public account in the Central
02/02/2015
UK Trade & Investment Office opens in Mauritius
The British High Commission announced that the United Kingdom Trade and Investment Department (UKTI) opened in Mauritius on 27 January 2015.
02/02/2015
Old Mutual selects Euromoney Indices to benchmark Europe (ex UK) Smaller Companies Fund
The Old Mutual Europe (ex UK) Smaller Companies fund, launched in November 2014 and managed by Ian Ormiston, is domiciled in Dublin and currently has over €44.4** million in assets under management.
02/02/2015
BNY Mellon and Deutsche Asset & Wealth Management complete real estate fund administration outsourcing deal
Partnership underscores rising demand for administration services for real estate and infrastructure assets; BNY Mellon now one of the largest real estate fund administrators in the market
02/02/2015
Polish-African trade boosted by 'GoAfrica' drive
Since its creation the initiative has organized 38 promotional events
02/02/2015
Norway’s $850b sovereign fund purchases 74,500-sq-ft office, property in London
The fund paid 190.6 million pounds ($287.41 million) for the Queensberry House at 3-9 Old Burlington Street in London, where it is also a tenant.
02/02/2015
Mellon’s new trust to target biotech firms
Outlining hopes for a fundraising of £50-£100m, expected to be led by broker firm Investec...
02/02/2015
Synergy in Singapore! Britain opens dialog with Asian tiger on renminbi
The Dialogue facilitated deeper financial and economic cooperation between the two countries.