12/23/2014
In December 2014, crowdfunding has reached the center of the financial power. BPI France, the Public Investment Bank of the French state, hosted the Convention of the European Crowdfunding Network in its stately palace on Boulevard Haussmann at the center
12/23/2014
A new multi-asset income fund has been launched by Schroders, adopting the same strategy as an existing fund.
12/22/2014
Insurance broker Stackhouse Poland has been sold to its management for an undisclosed sum, using funding from private equity firm Synova Capital.
12/22/2014
Old Mutual International has completed a rebrand of its business, dropping the historic Skandia brand, and has outlined plans for a new researched fund range following the acquisition of Quilter Cheviot.
12/22/2014
The deal, worth over £40 million, saw Ravenscroft Investments become the owners of the businesses, operating assets and premises which make up the Jacksons CI Group.
12/21/2014
Sheltering investors’ money during turbulent times is the key strategy behind Troy Asset Management’s Trojan Income Fund. And in the decade since it launched, there have been plenty of troubled waters to navigate.
12/21/2014
In July, a hedge fund in Jersey issued a press release announcing that it had become the first regulated fund to deal in bitcoin.
12/21/2014
Clipstone, a logistics real estate investment trust, has raised £40m through a flotation on the Channel Island’s Stock Exchange after scaling back plans to raise nearly four times that amount on London’s main market.
12/20/2014
Flipkart has also filed with Singapore regulator to become a public company as its shareholders exceeded 50.
12/20/2014
Audrey Ryan, an equities manager at Kames Capital, has risen to top spot in The Herald's monthly Citywire table of top-performing managers .
12/19/2014
British investment managers have increased exposure to stocks in December as prospects for monetary stimulus in Europe and Japan and economic recovery in the United States and Britain bode well for corporate profits, a Reuters poll shows.
12/19/2014
RIT Capital Partnershas agreed a deal to acquire GVO Investment Management from Hansa Aktiengesellschaft subject to regulatory approval.
12/19/2014
The business now manages over £240bn of assets and has increased its operational and client servicing footprint, with further investment planned to support continued growth.
12/19/2014
The Treasury has recovered a further £1.36bn from the estate of Lansdbanki, the Iceland-based bank that collapsed during the financial crisis.
12/19/2014
Because of these record low bond yields, pension liability values have increased by £100bn since 31 December 2013 to about £720bn for FTSE 350 businesses.
12/19/2014
Citing market sources, the news site said on Friday that British bank RBS was looking to sell the debt with a 25 percent discount.
12/18/2014
The rapid fall of the ruble and stocks on the Moscow Exchange means even more pain for investment managers who have been trying to play Russia, virtually all unsuccessfully.
12/18/2014
Deutsche Bank AG will review its strategy and profit targets next year and may sell its Postbank-branded retail unit, in a major reversal as a hoped-for turnaround in profitability slips out of reach.
12/18/2014
The hedge fund firm, which managed more than $34 billion at the end of October, has started to market the fund to external investors.
12/18/2014
Xavier Niel has acquired Orange Switzerland for SFr2.8bn in the latest sign of the French entrepreneur’s ambition to build a European telecoms empire.