02/20/2014
PRA Agrees to Acquire Aktiv Kapital for $880 Million
The transaction is expected to close in Q2 of this year, upon successful completion of certain customary and regulatory closing conditions.
02/20/2014
Man Group on acquisition hunt
Man Group is looking to further reduce its dependence on its $12.5 billion flagship strategy AHL with another acquisition.
02/20/2014
The new firm, which sits within the multi-boutique structure of French group Primonial, is designed to focus primarily on convertibles and dated bond funds.
02/20/2014
Aegon's quarterly net profit fell to 174 million euros ($239 million), from a year-ago profit of EUR431 million.
02/19/2014
State-backed Royal Bank of Scotland said it had sold some structured retail investor products and equity derivatives businesses to France's BNP Paribas as it continues to shrink its investment bank.
02/19/2014
According to Preqin’s Hedge Fund Analyst, hedge funds made a loss of 0.17% in January 2014, the benchmark’s first month in negative territory since August 2013.
02/18/2014
Majority of Fund Managers Think Investors Still Won't Be Engaged in AIFMD Considerations by 2015 - Northern Trust
More than 50 percent of fund managers, prospective clients and consultants attending a recent Northern Trust seminar on the European Union's Alternative Investment Fund Manager Directive
02/18/2014
Saxo Bank, the online trading and investment specialist, is further enhancing its product portfolio for its retail and institutional clients through the introduction of futures spread trading.
02/18/2014
Allocators from 29 different countries completed the survey. Approximately half (46%) of responding investors manage $1bn+ in hedge fund AuM, and 18% manage over $5bn.
02/18/2014
Britain's top fund managers pledged on Tuesday to be fully open with customers over how their money is spent on investment research in an attempt to limit a looming regulatory crackdown.
02/18/2014
TMF Group’s fund administration business has offices in Rotterdam, Sydney, Geneva, Sofia and Malta. The acquisition of Custom House’s business allows TMF Group to further expand its business into the growing alternative investment sector (incl
02/18/2014
State Street Global Advisors (SSgA) has expanded its range of short-maturity bond ETFs with the launch of the SPDR Barclays 0–5 Year Sterling Corporate Bond UCITS ETF (SYBQ) on the Deutsche Börse (Xetra).
02/17/2014
The Spanish alternative fixed income market operated by BME - already has 11 Members and 11 Registered Advisers
02/17/2014
The newly launched Arden Diversified Alternative Strategies fund, domiciled in Ireland, will take a multi-manager approach to hedge fund investing.
02/17/2014
Smith & Williamson Investment Management is reducing the annual management charge of 13 clean funds in its pooled fund range.
02/14/2014
Aegon has confirmed today that its retirement platforms Arc and One Retirement have fully switched to clean share classes for new business in line with FCA rules banning cash rebates that come into force in April.
02/14/2014
The Fund underscores Newton’s commitment to the UK charities sector, in which it has managed client assets for over 25 years and is one of the largest charity investment managers, as judged by Charity Finance**.
02/13/2014
Deutsche Börse takes stake in UK fixed-income platform
Deutsche Börse has invested in a fledgling UK-based fixed-income trading platform, which is aiming to capitalise on tighter regulatory capital rules forcing major dealers to retrench from the bond market.
02/13/2014
IMA to open consultation on cost transparency
The Investment Management Association is preparing to produce a feedback statement after a lengthy consultation on ways to promote transparency in costs, Daniel Godfrey has said.
02/13/2014
Standard Life, L&G stand by hospitality for advisers
The 18-page finalised guidance from the regulator, published last month, questioned whether firms that offer services such as IT or consultancy assistance could be creating commission bias.