10/24/2012
RBS under pressure to offload US business
Royal Bank of Scotland has come under pressure to sell its US business
Alternative Investments
10/24/2012
Novia brings Carmignac Gestion to the UK
The funds cover equities, bonds and diversified asset classes, and have been added as part of a push to attract advised business, according to the two firms.
10/24/2012
Standard Life Investments launches emerging market debt fund
Benchmarked against the JP Morgan EMBI Global Diversified Index, the Fund will aim to provide income, with some capital growth, over the long term by investing primarily in US dollar denominated emerging market debt.
10/23/2012
Henderson put on review by investment trust board
“There is an element of underperformance to be expected when you’re in a value-oriented market.”
10/23/2012
Metro Bancorp Swings To Profit In Q3
Net income for the third quarter was $2.0 million or $0.14 per share
10/23/2012
BNP Paribas Securities Services Wins New US Global Custody Mandate
“As one of the largest administrators of UCITS funds with a heritage in strong client service, BNP Paribas was the stand-out contender,” added Mr. Farman-Farmaian.
10/23/2012
Chinese sovereign wealth fund set to become a landlord in the UK’s most important office market
A Chinese sovereign wealth fund is set to become a landlord in the UK’s most important office market: the City of London.
10/23/2012
Barclays, HSBC Top Greenwich Poll of Structured Product Leaders
Amid Softening Retail Demand, Barclays Claims Top Spot in Europe, While HSBC, J.P. Morgan and Barclays Lead in the U.S.
10/22/2012
Commerzbank brings €340m commodities fund to UK
Commerzbank is set to unveil a commodities-focused investment vehicle
10/21/2012
Credit Suisse to sell European ETF business - sources
Credit Suisse is the fourth-largest ETF provider in Europe
10/21/2012
P2 International partners with Morningstar OBSR
P2 International was acquired by Sanlam Global Solutions in May
10/21/2012
Henderson to boost investment trust reporting
Major investment trust provider to report on quarterly or monthly basis, following Morningstar cricism.
10/21/2012
Alken enters UK market with European fund range
The firm is looking to expand in this area and promote its core £1.6 billion European Opportunities fund
10/21/2012
$20m MidEast bid for Portsmouth FC fails
Investors from the Middle East had tabled a $20.4m bid which would have left the ailing club debt free.
10/18/2012
BNP Paribas Investment Partners launches FundQuest Advisor
BNP Paribas Investment Partners has launched an advisory services partner named FundQuest Advisor after it transferred funds previously managed by FundQuest to its multi-asset specialist arm.
10/17/2012
Cofunds hits £45bn assets under administration milestone
Cofunds also secured new institutional clients
10/16/2012
Ashmore assets boosted by fresh inflows
Net inflows accounted for $600 million of the rise, while positive investment performance $3.7 billion.
10/16/2012
Old Mutual to launch range of drawdown products
Old Mutual is to launch a range of at-retirement products, in a bid to rival upscale wealth managers like St James’s Place.
10/16/2012
RSM Tenon suffers pre-tax losses of £102m
Underlying business resilient in a challenging market
10/16/2012
Who’s Been Sleeping in my Bed?
A Tenant Profile of London Central