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.
Alternative Investments
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
10/20/2013
Kames Launches New Active Value Fund
Kames Capital has launched a closed-ended version of the successful Active Value Property Fund with founding investor commitments of £115m.
10/20/2013
SS&C GlobeOp Forward Redemption Indicator: October notifications 3.36%
“Heading into the final quarter, the Indicator was almost 1% lower than in September, which is in line with historical patterns,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
10/20/2013
FCA approves Paradigm network sale
The FCA has finally given full regulatory approval for the sale of adviser network Paradigm Financial Advisers, one year after negotiations commenced.
10/20/2013
Invesco Perpetual UK Growth Fund Research Update
Martin Walker, manager of the Invesco Perpetual UK Growth Fund, seeks to identify well-managed, high quality companies and purchase them before their full growth potential has been identified by the rest of the market.
10/20/2013
James Hay confirms 'mix and match' approach to fund pricing
Advisers and clients will be able to 'mix and match' based on their needs in the time remaining before the 2016 deadline
10/19/2013
French bank apologizes after posting picture of squirrel's testicles
Because accidents don't just happen to others, insurance will also cover you for any temporary injuries
10/19/2013
Wealth Fund Cautions Against Costs Exacted by High-Speed Trading
The U.S. market has gone through a lot of changes and has become quite complicated
10/18/2013
Singapore’s £100bn investment fund plans expanded presence in London
Temasek is to use its new London office as a platform to explore a series of investments in Africa.
10/17/2013
Top Mayfair hedge fund Egerton shuts fund to new client money
Egerton Capital, one of the world’s most successful hedge funds, has closed its flagship fund to new money, it confirmed yesterday.
10/16/2013
Standard Life reveals unbundled wrap charges
Core user firms will receive lower platform charges for bond and Sipp investments.
10/16/2013
Man Group hit by fresh $90m charge
Overall investment movement of negative $0.1 billion in the quarter
10/16/2013
Polar Capital Holdings: AUM Update
In the quarter just commenced the Group's UK team will be leaving Polar Capital.
10/16/2013
Polar Capital to close UK equity team
Polar Capital’s UK equity team is set to leave the group with the next few months.