07/25/2013
Morningstar drives greater fund disclosure
Since last month, where fund managers are not explicitly identified, Morningstar longer offers the option of reporting the management of the fund as ‘team managed’, but will instead report this information as ‘not disclosed’.
07/25/2013
Aon Q2 Profit Matches Street
Risk and insurance brokerage service provider Aon Plc posted lower second-quarter net income attributable to shareholders from continuing operations of $241 million
07/25/2013
Central banks in a number of emerging market countries continued to increase their gold reserves
07/24/2013
Germany’s second-biggest bank, Commerzbank, is to sell its Depotbank investment unit managing funds worth 93 billion euros to BNP Paribas
07/24/2013
Commerzbank has reached an agreement with BNP Paribas on the sale of its 'Depotbank' business.
07/23/2013
At least five Member States are known to have made little or no progress towards drafting or finalising the required legislation.
07/23/2013
Royal Bank of Canada shut down its European government bond trading business on Wednesday
07/23/2013
Three of Euroclear’s central securities depositories - Euroclear Belgium, Euroclear France and Euroclear Nederland
07/22/2013
The capital's Super-Prime Property Market Has Been Bought up by Foreign Investors Who Are Exacerbating the Housing divide
07/21/2013
Prism, which has £270m of assets under management, was launched in 2009 as a joint venture arrangement between Paradigm, Octopus Investments and a group of adviser firms
07/20/2013
NBAD-Paris is growing and has more and more assets in France
07/18/2013
Battling to stem bleeding cash, French auto maker PSA Peugeot-Citroën is in preliminary talks with Spain's Banco Santander SA
07/17/2013
CoreUnit is thought to provide higher level of tax efficiency on FinecoBank's multi-brand platform
07/17/2013
The merger of investment firms Quilter and Cheviot Asset Management will help the company focus more on the structure and management of bespoke portfolios
07/17/2013
Clarification surrounding the taxation of luxury property in France has been welcomed by overseas buyers who are starting to return to the market
07/16/2013
The multi-currency CD is issued under the STEP
07/16/2013
Closure comes as part of larger wealth management restructuring which has led to hundreds of redundancies.
07/15/2013
Grosvenor Fund Management has acquired Fleet Place House in the City of London financial district.
07/14/2013
CSRC also announced plans to further increase the total qualified foreign institutional investor (QFII) quota to $150 billion from $80 billion in an effort to encourage foreign investment into the mainland.
07/14/2013
In total, this complex project has required the migration of 25 legacy Gartmore funds with an approximate value of EUR 8 billion in three stages and incorporating multiple jurisdictions and fund types.