10/15/2013
London Jumps Queue in Race to be Yuan Hub
London has stolen a march over Singapore in the race to become a yuan hub, becoming the first foreign city to be allowed to invest directly in domestic securities on the mainland.
Alternative Investments
10/15/2013
Majedie Asset Management shakes-up UK equity team
Majedie Asset Management has undertaken a number of changes in its fund manager line-up
10/15/2013
The "Ulule Tour" spreads the word about crowdfunding in France
This alternative mechanism provides the means to raise funds from a broad segment of the public to finance artistic
10/14/2013
Liontrust acquires North and Husselbee Alongside Paul Kim for Multi-Asset Arm
Liontrust Asset Management is to acquire North Investment Partners, appointing founder John Husselbee, as well as former LV = manager Paul Kim, to run its first multi-asset proposition.
10/14/2013
Norway Fund Joins Axa to Target Large Europe Property Loans
The manager of Norway’s sovereign-wealth fund, the world’s largest, formed a venture with Axa Real Estate Investment Managers to provide European commercial real estate debt as borrowers seek to refinance maturing loans.
10/13/2013
Hedge fund linked to George Osborne's best man to make millions from privatisation of Royal Mail after 'buying £50m stake'
Hedge-fund firm has seen value of investment rise by £18million already
10/13/2013
Barings to launch new European Opportunities Fund
The Fund, which will be co-managed by Nick Williams and Colin Riddles, will seek out investment opportunities in European smaller companies, including firms based in the UK, and will be benchmarked against the MSCI Europe Smallcap Index.
10/13/2013
Schroders aims for early Cazenove rejig
Schroders has kicked off the process of aligning the two firms’ back office systems
10/13/2013
UBS GAM launches two fixed income funds in Italy
UBS Global Asset Management has launched two Ucits compliant bond funds on the Italian market.
10/13/2013
L&G Enters Race To Buy Co-Op's GI Arm
Legal & General has joined the race to buy the Co-Operative Group's general insurance arm, it has been reported.
10/13/2013
Finisterre Rolls Out Insurer-Friendly UCITS Fund
The UCITS-compliant Finisterre Emerging Market Debt Fund launched with USD55m of seed capital and deploys a similar long/short approach to that operated across Finisterre’s existing strategies.
10/13/2013
Cazenove makes commodities play
Cazenove’s multi-managers have added positions in the BlackRock Gold & General and the JPMorgan Natural Resources funds
10/13/2013
UK remains largest European hotel investment market – BNP Paribas
UK hotel investment rose 23% in the first six months of 2013
10/13/2013
Record High £12bn invested ethically in the UK
The amount of money invested in the UK’s green and ethical retail funds is at an all-time high of £12.2 billion
10/13/2013
Michael Page Announces Steady Profits and New CFO
Profits have remained steady at Michael Page International and the Surrey-based recruitment company has appointed a new acting chief financial officer.
10/10/2013
$10 billion UK hedge fund heads Stateside
We are pretty optimistic
10/10/2013
Schroders Targets Challenge to Jupiter Multi-Managers
Schroders Managing Director Robin Stoakley is aiming to boost the Cazenove multi-manager team’s asset under management significantly in the next 2-3 years
10/10/2013
Some key EU markets 'gold-plating' AIFMD - AIMA EY survey
The survey sought to develop an understanding of EU member states’ actual readiness to implement AIFMD.
10/09/2013
Commodity Market Decreased in September Amid Mixed Fundamentals
Commodities were lower in September as decreased geopolitical risk and commodity-specific fundamentals weighed on the market.
10/09/2013
Church of England sees momentum for ethical investment
The global financial crisis has strengthened the Church of England's drive for more ethical business practices by making companies and shareholders more receptive to change