11/26/2013
Deutsche Bank is seeking to exit some businesses as it faces more stringent capital rules and possible legal bills from alleged fixing of benchmark interest rates and mis-selling of U.S. mortgage products.
11/26/2013
Value of virtual currency has risen fivefold since the beginning of the month
11/26/2013
The high correlation of consumer staples means JO Hambro duo Christopher Lees and Nudgem Richyal are shunning the sector in their €1.5 billion global equity fund.
11/25/2013
Ignis Asset Management has added to its absolute return range with the launch of an emerging market debt fund.
11/25/2013
Austrian real-estate company Immofinanz will not carry out a capital increase to finance its planned acquisition of a large German property portfolio
11/24/2013
Private banking has a bit of a bad name. People used to think it was something secretive and probably Swiss – and only for the seriously wealthy.
11/24/2013
Total sales from businesses supported by asset based finance broke £71 bn for Q3, the strongest ever quarterly performance.
11/24/2013
The transaction is subject to customary conditions, including applicable regulatory approvals, and is expected to close in first quarter, 2014.
11/24/2013
Seven of the UK’s largest asset managers are teaming up to gather information on end investors’ needs in a move which could trigger changes to their fund ranges.
11/24/2013
The U.S. bank bought two loans to troubled property company Metrovacesa.
11/21/2013
The Italian government launched on Thursday a privatisation plan with which it aims to raise 10 to 12 billion euros.
11/20/2013
The manager of Norway’s sovereign-wealth fund, the world’s largest, and a unit of Axa Real Estate Investment Managers plan to buy Munich’s SZ Tower.
11/20/2013
The University of Nicosia said on Thursday it became the first accredited university in the world to accept the digital currency Bitcoin for tuition and other fees.
11/19/2013
The Transact platform is one of the few which has the functionality to support the PAIF structure which enables tax exempt investors to receive income from the fund gross of the 20% corporation tax previously applied to income.
11/19/2013
The fund previously held a Silver Rating. Mr French founded the investment philosophy on which the fund was based and he had managed the fund since its inception in 2000.
11/19/2013
Chief executive Gavin Rochussen said JOHCM is planning to add at least two new US teams over time.
11/19/2013
The funds have been available also for private clients since 19 November 2013.
11/18/2013
Mini-bonds: Security over assets proves a winner with Energy Bonds investors
“Energy Bonds represent an excellent opportunity to make a socially responsible investment in new green energy projects, and to build a greener, cleaner future - for all of us.”
11/18/2013
Financial services group IFG said its Irish business is delivering “steady performance” despite difficult trading conditions, with the corporate pensions division achieving good growth.
11/18/2013
According to sources, the trade body has told managers who hold over 20% in cash and certain other securities they risk ejection from the sector.