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How to invest in fine art

The FSA’s ban on advising Ucis products means those interested in art have to look further for expertise

UBS Gam considers multi-asset service for IFAs

Asset management business plans to improve UK brand awareness with multi-asset offering.

Brooks Macdonald sets £150m ground rent target

The newly launched publicly listed Ground Rents Income Fund created by Manchester-based Brooks Macdonald aims to raise a further £100m in the next two years.

Sarasin poaches £70m mandate from Henderson and Schroders

Joint venture Sequel Investments was launched in September 2009 and comprised a three-strong multi-manager fund range, which initially appointed Henderson Global Investors’ multi-manager Bill McQuaker as manager of the Adventurous portfolio.

Morningstar OBSR Honours 2012 winners revealed

The Outstanding Investor Honour was shared between Richard Pease (pictured), director of European equities at Henderson Global Investors, and SLI small-cap veteran Harry Nimmo.

Liontrust shuts EM Opps fund as managers exit

The fund and its managers were acquired through the Occam acquisition made by Liontrust less than a year ago in a £1.17m deal.

BNP's Italian Arm to Fund Its Own Debt

Mr. Bonnafe also dismissed the risk of redenomination, saying "there is no risk of Italy, or euro-zone collapse, so we can just drop that," and praised the European Central Bank's efforts to support Spain and Italy, according to the report

Indian bank moves into UK buy-to-let mortgage market

The State Bank of India, which announced its launch into the UK residential mortgage market a year ago, is to add a five-year buy-to-let tracker loan to its range.

The Charities Property Fund outperforms for the fifth year in a row

The Charities Property Fund, the first and largest property fund designed specifically for charities, has outperformed the Association of Real Estate Funds’/IPD UK All Balanced Funds Index for the fifth year in a row.

Asset Based Finance continues to grow despite challenging times

Despite testing business conditions, the latest quarterly figures for the three month period April to June from the Asset Based Finance Association (ABFA) show that the number of companies in the UK and Ireland using asset based finance continues to rise.

MidEast investors launch $20m bid for Portsmouth

Middle East investors have lodged a dramatic $20m bid to take over troubled football club Portsmouth, Arabian Business can reveal.

BNP to cut stake in Swiss fund with bond issue

BNP has been selling assets over the past year to better withstand the euro zone debt crisis and the global economic slowdown.

Grosvenor Fund Management sells Festival Place Shopping Centre

"The sale of Festival Place to TIAA-CREF reflects the winding-down of Grosvenor Festival Place Fund, which soon comes to the end of its life."

SEI looks at add structured products to platform

True Potential senior partner Daniel Harison says: “We are strong believers in giving a breadth of choice to IFAs and have been working closely with SEI to add this new product.”

RBS plans to close precious metals trading

Royal Bank of Scotland plans to close down its precious metals trading operation, an industry source said, and the bank confirmed it was halting commodities research due to an internal review.

Citigroup launches commodity trade finance business

U.S. bank Citigroup has launched a commodity trade finance unit, expanding into a sector once dominated by European lenders who have been shrinking their activities to cope with the euro zone debt crisis.

Credit Suisse Liquid Alternative Beta Index Up 0.53% in August

The Credit Suisse LAB Index was up 0.53% in August according to Dr. Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.

ECM Asset Management starts senior secured fund

New fund will buy both senior secured loans and high-yield bonds

SunGard identifies ten asset management trends affecting the fund management industry

Doug Morgan, president of SunGard’s institutional asset management business discuss the top trends affecting the fund management industry in 2012

This Simple Diagram Explains How Manchester United Makes Money

Goldberg's report included this straightforward diagram explaining how Man U. could potentially be a self-propelled profit generating machine.

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