12/19/2012
The publication of the final text marks the conclusion of the current EU-wide legislative process and will shift the focus to a national level, with EU member states required to transpose the Directive into their national laws.
12/19/2012
“Both funds are managed using a similar strategy so we are comfortable with this change.” says Hargreaves Lansdown in a statement.
12/18/2012
Initially launched in September, Threadneedle's fund offers global exposure across a range of asset classes with the aim of producing positive returns in all market environments.
12/18/2012
Asia is an incredibly growing market for yachting
12/18/2012
We are delighted to appoint Citi for our new Carve funds
12/17/2012
“Our experience in investing for income will work extremely well within the context of Global Emerging Markets and I’ve no doubt that the combination will prove valuable for investors.
12/17/2012
This launch reflects BNP Paribas’s ambition to expand its market leading position in the insurance industry by adapting to an ever-changing environment and bespoke client needs.
12/17/2012
In response to the fund industry's demand, Calastone launched a settlement service to standardise and improve settlement automation.
12/17/2012
The investment banking arm of Credit Suisse is representing the parent company in the deal
12/16/2012
The envisaged consolidation of additional volumes and clients on to a single platform is also expected to help reduce unit costs and increase flexibility for customers. Integration work will start after closing of the transaction in 2014.
12/16/2012
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.
12/16/2012
The lawsuit turns on a private bond placement that Dewey floated in 2010 to refinance about $150 million in existing debt.
12/14/2012
The reorganisation at Italy's biggest insurer comes after Greco launched a review after taking the helm in August.
12/13/2012
The transaction is expected to close in the first quarter of 2013.
12/12/2012
Edinburgh-based Standard Life said today’s deal means it will receive a one-off boost of around £140m to its pre-tax operating profits in the year to 31 December.
12/12/2012
Commodities were relatively unchanged in November as continued macroeconomic uncertainty weighed on markets.
12/12/2012
The move would allow them earlier access to EU markets under a new regulatory regime for alternative investment managers.
12/12/2012
Collateral is a critical part of the risk mitigation framework of these new regulations
12/12/2012
Schroders has announced the launch of Schroder ISF EURO High Yield, a new fund which will invest a minimum of 70% in a portfolio of bonds rated below investment grade, mainly from European issuers.
12/12/2012
State-controlled ICBC, China's largest bank by assets, is seeking to acquire a 60% stake in the South African bank's commodities and foreign-exchange business centered in London, the people said.