03/13/2014
The perils of integrating investment propositions is one of the lesser publicised aspects of the latest mergers and acquisitions (M&A) trend that is gathering pace in UK wealth management.
03/12/2014
Positive net new money of €12.2 billion driven by third party assets
03/12/2014
Skandia has set out how assets can be re-registered away from its WealthSelect range of discounted funds.
03/11/2014
Financial institutions and corporations use money market funds to manage their cash as they offer stability, daily liquidity and diversification benefits.
03/11/2014
Skandia International is offering Investec autocall structured products in an offshore wrapper.
03/11/2014
Dutch state-owned bank ABN Amro has picked CACEIS to provide fund administration to a pair of newly launched exchange-traded funds (ETFs).
03/10/2014
David Pitt-Watson, a former director at Hermes Fund Managers who is now a fellow of the London Business School, has launched a campaign against high asset management charges.
03/10/2014
The government’s proposal to cap pension fund fees at 0.75% of savings risks future litigation, the head of defined contribution at JP Morgan Asset Management warned at the National Association of Pension Funds’ conference last week.
03/10/2014
Investors Capital Trust PLC Monday said it has agreed a reduction in the base management fee payable to F&C Investment Business Ltd, under the investment management agreement, and the removal of the performance fee.
03/10/2014
Competition for investors' money has stepped up a gear with the launch of Britain's latest "fund supermarket".
03/07/2014
Malaysian conglomerate buys into London property firm
After taking over British luxury car dealer HR Own Plc, the local arm of Malaysian conglomerate Berjaya Group beefed up its investments in London with the acquisition of a stake in a real estate company.
03/07/2014
BlackRock’s head of Asian fundamental equities has assumed control of the group’s Pacific Equity fund following the departure of Rob Weatherston, it has emerged.
03/06/2014
Spain's benchmark stock index gained 27pc in the past year amid signs that the economy is recovering from two recessions.
03/06/2014
The service allows BNP Paribas to deliver customised reports on cash account balances globally, using its existing ‘NeoLink’ web portal for clients.
03/06/2014
Among its 55 buildings are the Coutts HQ on the Strand and a Grade II-listed, five-storey office in Mayfair occupied by NatWest
03/06/2014
A requirement that managers of UCITS funds take at least 50% of their bonuses in the funds they oversee has created uncertainty in Europe’s asset management industry, though some say the matter has been overblown.
03/06/2014
The insurer, which today reported full-year results, said it found evidence last year of “improper allocation of trades” in fixed income by Aviva Investors from 2006 to 2012.
03/05/2014
Goldman Sachs Asset Management has announced that 47 of its Luxembourg domiciled Sicav Ucits are now within UK Investment Management Association sectors.
03/05/2014
Legal & General has posted a 10 per cent increase in pre-tax profit for 2013 from £1.03bn to £1.13bn, driven by £17bn net inflows across its investment arm and the Cofunds platform.
03/05/2014
The deal closes a chapter in Jupiter's history, with the exit of a shareholder that first bought in during 2007 to back a management buyout from former owner Commerzbank.