05/21/2014
HSBC bags £6.5 billion mandate
HSBC Securities Services has been appointed global custodian to the Local Government Pension Scheme funds for Norfolk, Suffolk and the London Borough of Hackney
Alternative Investments
05/21/2014
Cofunds assets hit £67bn as inflows increase 30%
Cofunds chief executive David Hobbs said the inflows suggested investors were gaining in confidence
05/21/2014
Saga IPO: Fund managers say group has to trim float price
With just a couple of days before Saga is due to set the price for its initial public offering.
05/21/2014
France sees ECB signals on euro level 'encouraging' - spokesman
European Central Bank comments on the level of the euro are "encouraging"
05/21/2014
Deutsche Asset & Wealth Management Launches the First U.S.-listed ETF
The launch of ASHS expands DeAWM's innovative suite of ETFs that offer direct access to Chinese securities.
05/20/2014
Marshall Wace Planning An IPO For P2P Lending Fund
The fund will use in-house computer programs to pick loans that are attractive on P2P lending platforms where borrowers and lenders match-up directly online.
05/20/2014
Why Sovereign Wealth Funds Are a Bank’s Best Friend
If you have a capital problem, if no one else can help, and if you can persuade them, maybe you can cozy up to one of the world’s sovereign wealth funds.
05/20/2014
Charles Stanley to offer model portfolios through Standard Life wrap
The CPS is managed by a team including former Wealth Manager cover star Stephen Peters (pictured) and Shauna Bevan. Both also featured in Wealth Manager's Top 100 names in fund selection.
05/20/2014
GLG in double Europe and emerging markets fund launch
GLG has launched a leveraged European equity fund and an emerging markets macro strategy.
05/20/2014
Phoenix puts UK investment trust launch plans on ice
Phoenix Asset Management has delayed plans for a mirror investment trust to its top performing Phoenix UK fund.
05/20/2014
Intermediate Capital Pretax Profit Rises On Investment Gains
Administrative expenses increased to GBP102.1 million from GBP87.1 million
05/20/2014
Smith & Williamson launches emerging market value fund
Smith & Williamson Investment Management has launched a fund focusing on undervalued companies in emerging marketS
05/20/2014
Morningstar OBSR downgrades Fidelity America after manager departure
Morningstar OBSR has downgraded the $4.8bn (£2.8bn) Fidelity America fund after the departure of manager Adrian Brass.
05/19/2014
Private equity salaries tick up in wake of banks
Stories about hefty bonuses and chunky salaries for fresh-faced bankers have been stirring up outraged headlines over the past few years. But another group of people have been quietly raking in equally large amounts without the flak – private equity
05/19/2014
Two new funds boost European CLO market
The European market for collateralised loan obligation funds continues to see an uptick with two managers launching vehicles.
05/19/2014
Cofunds adds self-direct service for ‘orphan’ clients
Service allows investors to manage portfolios without advice
05/19/2014
Rothschild Gears Up For £150m Autodata Deal
A division of the Rothschild banking dynasty is preparing a swoop on one of the world's biggest suppliers of automotive data in a deal worth close to £150m.
05/19/2014
Lord, Abbett & Co. Brings Fixed Income Range To Europe
Lord Abbett is headquartered in Jersey City and has $139 billion (€101.4 billion) in assets under management
05/19/2014
Belgian mezzanine financing comes out of the shadows
Despite this huge reliance on bank loans for Belgium's SMEs, banks in the country began to slow down their lending to companies following the financial crisis
05/19/2014
UK leads European hedge funds
The majority of European hedge fund managers that have set up business in recent years have been in the UK