10/30/2013
ECB establishes standing swap arrangements with other central banks
The standing arrangements will constitute a network of bilateral swap lines among the six central banks.
Alternative Investments
10/30/2013
New Emerging Markets Strategy For Two JP Morgan CIOS
The duo will adopt a flexible, strategic asset allocation and active risk management through currency overlay and liquidity assessment.
10/30/2013
Standard Life Misses Targets As staff Leave
Insurance giant Standard Life yesterday announced lower-than-expected new business sales, which analysts pinned on the departure of key staff members over the summer.
10/29/2013
Standard Life Investments reports ‘strong’ inflows despite Munro exit
The asset management house saw third-party net AUM inflows of £8.3bn in the nine months to the end of September
10/28/2013
Harcourt launches two Ucits funds
The two funds are part of the product line called "Research-Driven Strategies".
10/28/2013
UBS lists ETFs on five leading fund platforms
The Switzerland-headquartered investments giant is also understood to be in dialogue with additional platforms in a bid to further enhance its position among the UK IFA community following the implementation of the Retail Distribution Review.
10/27/2013
RBS pension doubles alternatives portfolio
The £26 billion RBS pension fund has switched more than £500 million from equities to alternative assets to spread risk as the government’s banking reform plans mean bank pension funds face an uncertain future.
10/27/2013
Former UBS Bankers Al Breach, Charles Hill Start Hedge Fund
Breach declined to comment by phone from Switzerland, where he has run his own fund
10/23/2013
Aberdeen Plots Share Raid For Lloyds Division
One of the City's biggest asset managers is plotting a takeover of the fund management arm of Lloyds Banking Group that could result in the taxpayer-backed bank owning a sizeable stake in it.
10/23/2013
Sustainable Asset Management join the FT Ethical Investment Conference
Although the majority of speakers agreed that financial return was key to investors, with ethical investments return could also be calculated on more than just a pure fiscal basis,
10/23/2013
Threadneedle switches managers on corporate bond fund
The ex-LV product was transferred to Threadneedle in 2012 along with LVAM’s entire fund range
10/23/2013
Launch Pad: Fund of funds
The launch means that all four of Brooks Macdonald’s actively managed portfolios are now available in unitised form
10/23/2013
Aberdeen Asset Management confirms bid for Scottish Widows Investment Partnership
Fund managers bid would see Aberdeen form 'strategic partnership with Lloyds'
10/22/2013
Urbicus acquires property debt from Glanmore
The fund, which holds UK regional office, industrial and retail property including 10% in Scotland, was last valued at £303m, above its remaining debt following asset sales.
10/22/2013
AIM is 'no wild west', says Hargreave Hale
The Alternative Investment Market is no “wild west” but a profitable hunting ground for venture capital trusts
10/22/2013
BlueBay Asset Management launches Total Return Credit Fund
BlueBay Asset Management has launched the BlueBay Total Return Credit Fund, which provides diversified global exposure to sub-investment grade credit through the credit cycle.
10/21/2013
Andrew Lake & Fatima Luis launch strategic bond fund for Mirabaud
Actively managing duration and credit exposure across the business cycle would be the ‘main driver of performance’ for the fund.
10/21/2013
SAC Capital to Shut Down London Office
Steven A. Cohen's SAC Capital Advisors will shut down its London office by the end of the year as the hedge fund downsizes in response to a long-running insider trading investigation
10/20/2013
KKR to Acquire Avoca Capital
All Avoca employees in Dublin and London will join KKR on transaction close.
10/20/2013
Dutch broker Binckbank Q3 results meet forecasts
Binckbank reported adjusted net profit of 0.15 euros per share