09/05/2014
Skandia U-turns on £640m Woodford switch and Invesco closures
Skandia now says it has listened to further feedback and has been told by advisers that there is sufficient demand for the Invesco funds to remain open.
Alternative Investments
09/04/2014
European Capital Debt Management closes debt finance fund
European Capital Debt Management Limited announced today that it has closed its new £100 million fund, European Capital UK SME Debt LP, a fund to provide debt finance in small and medium sized enterprises in the UK
09/04/2014
ECI Partners notches up largest fund in its history
The group’s 10th fund became oversubscribed largely because ECI’s existing backers, which committed about 80 per cent of the capital, increased their investments by a third, on average.
09/04/2014
Regulatory Costs Aside, Firms Aim to Keep European Limited Partners
BV Investment Partners, which this week closed its eighth buyout fund with $487 million, said this time around it made a concerted effort to build out a new base of limited partners in Europe.
09/04/2014
JPMorgan Sees ECB Buying $53 Billion of Asset-Backed Bonds
The ECB is preparing to buy ABS as it strives to revive lending to small-and medium-sized businesses that employ about 70 percent of the European Union’s private-sector workers.
09/04/2014
Billionaire investor taps Deutsche and UBS for hedge fund portfolio IPO-sources
Sources say they expect the closed-end fund to be listed on the London Stock Exchange before the end of the year.
09/04/2014
Aberdeen Asset Management's SWIP acquisition takes Deal of the Year award
Fund manager's £550m acquisition of Scottish Widows Investment Partnership also won the Acquisition of the Year award
09/04/2014
Equilibrium readies launch of in-house range
The firm said using its own funds will cut down on platform costs, and allow it to input any changes more quickly.
09/04/2014
Cordea Savills Real Invest 1 buys two German assets for over €120 million
Cordea Savills has purchased two assets for over €120 million after further fundraising on behalf of Cordea Savills Real Invest 1, a German “Spezialfonds” for institutional investors.
09/03/2014
CIB partners with Aviva on affinity product
The Collinson Group's broking division CIB has partnered with Aviva to offer affinity home insurance to corporate partners.
09/03/2014
Miton drops PSigma brand
The Miton Group is to rebrand the PSigma funds it acquired last year with its own name.
09/03/2014
AIMA updates flagship DDQ for hedge fund managers
The Alternative Investment Management Association has published an updated edition of its flagship due diligence questionnaire (DDQ), the AIMA DDQ for Hedge Fund Managers.
09/03/2014
Chestertons launches London's AED821 million 'The Landau' project for Dubai investors
The project is based on the former site of one of London's largest horse drawn carriage depots that used to store the elegant landau carriages.
09/03/2014
Ashmore launches trio of RQFII funds
Despite suggestions of tepid global demand, the UK firm is bolstering its China dedicated strategies with three actively managed debt, equity and multi-strategy RQFII products.
09/02/2014
Russia Said to Prepare Transfer of $10 Billion Fund Out of Sanctions' Reach
Russia is preparing to transfer the ownership of a $10 billion sovereign wealth fund to the central bank from a sanctioned state-development lender, according to two people with knowledge of the plan.
09/02/2014
South Africa’s Bidvest mulls London IPO
Bidvest, one of South Africa’s largest conglomerates, is considering listing its food services business in London to help fund acquisitions and growth, in the latest sign of African companies tapping the UK capital markets.
09/02/2014
Standard Life sees discretionary inflows hit £125m
As the UK’s wealth is increasingly moving to an older demographic, the combination of tax optimisation and investment strategies is vital.
09/02/2014
Dutch pension fund awards €3.2bn fiduciary mandate to F&C
The contract will run for an indefinite period, but the scheme’s intention is to stay with F&C for 3-5 years.
09/01/2014
Meet the British Crown Dependencies Vying To Become Bitcoin Island
Bitcoin entrepreneurs seeking a friendly jurisdiction for their business could do worse than end up on the Isle of Man, the picturesque British Crown dependancy located in the Irish Sea.
09/01/2014
VAM launches Frontiers fund
VAM partner Driehaus Capital Management is responsible for investment strategy under the leadership of Chad Cleaver, who runs the VAM Emerging Markets Growth fund.