12/16/2013
Russian Bank Looks to Create New Digital Currency to Compete in Bitcoin Market
The growing number of major banks seeking to profit from the Bitcoin phenomenon is escalating around the world.
Alternative Investments
12/16/2013
Bitcoin clones set to kill digital currency?
Citibank’s analyst believes that the market is likely to end up with a plethora of “bitcoin lookalikes with little to choose between them, so pricing becomes very difficult.
12/16/2013
Deutsche, Harvest ready London RQFII ETF
Deutsche Asset & Wealth Management and Harvest Global Investments plan to list the exchange-traded fund in Europe, initially in London
12/16/2013
Nordea Adds Four Funds To Sicav Range
Nordea Asset Management has launched two bond funds and two emerging market equity funds in its Nordea 1 Sicav range.
12/16/2013
Redington wins advisory mandate from St James’s Place
Redington, mainly an institutional adviser, was voted top consultant in this year’s Financial News Awards for Excellence.
12/16/2013
Lombard Odier in fresh assault on UK retail market
Nine of its Luxembourg-based funds are now available to UK investors in sterling shares, including the top-performing Lombard Odier Technology fund and the $835m Lombard Odier Emerging Consumer fund.
12/16/2013
Invesco sells property fund stake in latest Woodford-related disposal
The sale netted Invesco around £36m. Part of the stake was picked up by Lazard Asset Management, another major existing holder: Lazard's stake rose from 14% to 18% on the same day.
12/14/2013
RSA to offload peripheral businesses to fuel capital
The Telegraph understands that Martin Scicluna, who has taken control of the FTSE 100 insurer following the exit of chief executive Simon Lee on Friday, wants to offload non-core businesses.
12/12/2013
CBD flush with solar bonds
The capital raised by SEB will fund the design, development, installation and management of a book of approximately 40 commercial rooftop solar energy installations across the UK.
12/12/2013
BNP Paribas team leads amLeague as returns drop in November
French giant BNP Paribas’s THEAM team has topped the latest amLeague rankings as the manager's overall returns suffered a considerable drop compared to October’s results.
12/12/2013
Standard Life pushes for departing executives to keep shares longer
The new guidelines emphasise the investment manager's support for pay arrangements at companies which require senior executives to retain an "appropriate" proportion of the shares they own in a company after leaving.
12/11/2013
Boutique bank that advised on ICE-NYSE deal plans expansion
The West Coast expansion will bring the firm closer to key players in the fast-growing payment provider industry, co-founder Jerry von Dohlen said in an interview.
12/10/2013
BNY Mellon Launches AIFMD Regulatory Reporting Service
Flexible solution for AIFMD's complex data collection, management and reporting requirements
12/10/2013
Deutsche Bank launches Coeli Macro strategy on dbSelect
The manager will aim to produce superior returns by exploiting overall market volatility and direction using foreign exchange and other exchange traded instruments.
12/10/2013
Monte dei Paschi di Siena attracting investment interest from Qatar
There is a lot of activity going on but the talks are going well
12/09/2013
PE has become more attractive after the global financial crisis: Coller Capital
A study based on the views of 113 investors across the globe and released on 9 December.
12/09/2013
Hedge fund managers seek to set themselves apart through branding
The Jumpstart Our Business Startups Act of 2012 might have lifted the ban on advertising private funds
12/09/2013
Guinness Asset Management Launches Guinness AIM EIS 2014 to Invest in AIM-listed Companies that Qualify for EIS
This is a discretionary managed service that will invest in AIM-listed companies through the tax-efficient EIS structure.
12/09/2013
Skandia Fonder shifts fixed income funds in-house from DNB
The change does not impact the investment funds per se, but is being done more for business strategic reasons, according to Annelie Enquist, CEO of Skandia Fonder.
12/09/2013
“2 and 20” Fading, Managers Need Big Assets or Performance to Profit: Citi Prime Finance Survey
Economics Fosters Investor-Manager Alignment of Interests