07/25/2014
HM Treasury also received £150m of Tier 1 capital notes, essentially taking a share in the company, on completion of the deal. Virgin Money is now purchasing these notes back from the Government at the appreciated value of £154.5m.
07/24/2014
Samurai issuance in 2014 so far is ¥1.66 trillion, not far short of the issuance for the whole of 2013, according to Dealogic. That is the highest on a year-to-date basis since 2008.
07/24/2014
JP Morgan Asset Management is to close five of its Luxembourg-domiciled fixed maturity bond funds, citing changes in the market. The funds covered the emerging market debt and high-yield bond spaces and will close on 19 September after their liquidation
07/23/2014
RBC GAM-UK specializes in global, European and emerging market equities, as well as global and emerging markets fixed income.
07/21/2014
The AFM, together with regulator De Nederlandsche Bank, recently conducted a survey of the annual reports of more than 50 pension funds and concluded that determining exactly how costs related to risk and return was “hardly possible”.
07/21/2014
The Perth-based investment company said £822,950 of the losses booked for the year are attributed to its disposal of loss-making corporate finance arm, Envestors, which was offloaded to management last December.