08/25/2015
'I predicted the Great Fall of China': Star fund manager Neil Woodford claims stock market rout is no surprise
But in his website blog, Woodford smugly notes that regular readers will not have been surprised by events.
Alternative Investments
08/24/2015
BNY Mellon Appointed Account Bank for Activate Capital Lending Platform
500 million euro platform provides much needed capital to address Irish housing shortage
08/24/2015
Strawberry Invest buys Fundsdirect client book
Strawberry is aiming to build greater scale and existing Fundsdirect clients will benefit from a reduction to their costs as a result
08/24/2015
European investor is launching a new €350 million fund
Business Insider: Why don’t you start by telling us some more about your new fund.
08/23/2015
Zurich watches the clock as RSA takeover deadline nears Sean Farrell
The Swiss insurer’s £5bn bid for RSA was announced in July. Now there are just two days left to find a deal – and RSA’s Stephen Hester isn’t minded to sell cheap
08/23/2015
Luxembourg investors buy Canterbury land
The Overseas Investment Office (OIO) has approved the sale of a mid-Canterbury property to a Luxembourg-based investment fund.
08/20/2015
LME announces plans for market-making programmes
The programmes will provide market makers for the LME’s forthcoming aluminium premium contract and two new ferrous contracts – steel scrap and steel rebar – set for launch on 23 November 2015.
08/20/2015
London & Capital launches EM equity fund
The strategy will be managed by its London-based investment team and overseen by chief investment officer Pau Morilla-Giner.
08/19/2015
Infocus fund manager first to invest in new fund
This recognises the differentiation that an unconstrained fixed income fund with a focus on absolute returns can provide for investors seeking diversification and predictable returns.
08/19/2015
Wealth manager acquires £1bn Sipp firms
The Lifetime Sipp Company is a Sipp provider which offers its flagship Lifetime Sipp product through advisers.
08/19/2015
£75m funding to be made available to Scottish businesses
Scottish Investment Bank has relaunched its co-investment funds and will now participate in rounds ranging from £10,000 to £2m
08/18/2015
Harris Builds Up $1.6 Billion Glencore Stake on Rebound Bet
It owned about 1 percent of the company as of June 30, according to public filings, and hasn’t previously disclosed its increased holding.
08/18/2015
A big hedge fund has gone from turning money away to having investors ask for it back
The fund will manage approximately $2.1 billion in assets from October 1.
08/18/2015
Global Dividend ETFs That Help Diminish Currency Risks
The previous quarter was a seasonal peak for European dividends.
08/18/2015
Ex-Deutsche banker turns art adviser
On August 18 his new art advisory business, Cadell & Co, set up with two others including Richard Bagnall-Smith
08/18/2015
The Vatican Launches App for Crowdfunding Restorations
The app has raised concerns with ArtWatch International's Ruth Osborne
08/18/2015
OMGI shuts global equity income fund
The fund has consistently underperformed its sector
08/18/2015
OMGI calls time on struggling global income fund
Clients have been informed of our decision to close this fund and of the options available to them.
08/18/2015
Canada Life completes €6bn longevity deal with Aegon
Canada Life’s reinsurance division has struck a deal with Dutch insurer Aegon to cover the longevity risk on a €6 billion portfolio of Dutch annuities.
08/18/2015
Avon replaces three managers in £165m hedge fund award
After reviewing its hedge fund strategy in 2014, the scheme began tendering for a single-manager bespoke fund of funds mandate, with JPMAM beating 47 other applicants.