07/28/2014
Wells Fargo Asset Management has chosen Fundstore.it, the online platform of Banca Ifigest, to distribute its Sicav sub-funds of the Wells Fargo (Lux) Worldwide Fund for the first time online in Italy.
07/28/2014
The collaboration on U.S. property bets began in December, as the Norwegian fund sought to diversify its holdings.
07/27/2014
Taking advantage of high stock market valuations and low volatility, private equity firms such as Nordic Capital are scrambling to list their holdings, many of them bought during the deal-making heyday before the financial crisis.
07/27/2014
The company will advise corporates, policy makers and entrepreneurs on strategy across areas including capital raising, corporate finance, mergers and acquisitions.
07/25/2014
One of the tranches will issue an interest payment of 4 percent over the term of the bond
07/25/2014
Deutsche Asset & Wealth Management, the asset manager with 934 billion euros in AUM, expects demand from institutional investors for RMB allocations to grow amid continuing internationalisation of the currency.
07/25/2014
Money Grows on Trees in London!
Money tree planted to encourage Britons to save more
07/25/2014
Almost £200 million has been withdrawn from Miton’s Multi-Asset funds during six months which included the departure of former manager Martin Gray and his replacement by David Jane
07/25/2014
Trading in the £66 million ARC Capital fund, which counts Rathbones among its shareholders, has been suspended amid a breakdown in communication between its investment manager and board.
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.
07/25/2014
The Qatar Investment Authority in November 2007 walked away from its £10.6bn or 600p a share bid, saying credit markets had made raising funds too expensive.
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
Advisers remain critical of Aegon despite the provider having backtracked on its policy of removing adviser trail.
07/24/2014
Citibank International has been appointed as independent depositary, complying with the requirements of the Directive.
07/24/2014
The firm raised £137,500 through Seedrs last summer to pay for the start-up costs of the business.
07/24/2014
The two products bring the number of the full range of risk-profiled funds available to five.
07/24/2014
According to company filings, ICE Benchmark Administration received $13.5 million in funding from parent company ICE in 2013 and has received an additional $2.2 million so far this year.
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.
07/23/2014
Bank J. Van Breda & C° has chosen ABN AMRO Clearing as its general clearing counterparty for over-the-counter derivatives transactions.