10/21/2012
$20m MidEast bid for Portsmouth FC fails
Investors from the Middle East had tabled a $20.4m bid which would have left the ailing club debt free.
Alternative Investments
10/18/2012
BNP Paribas Investment Partners launches FundQuest Advisor
BNP Paribas Investment Partners has launched an advisory services partner named FundQuest Advisor after it transferred funds previously managed by FundQuest to its multi-asset specialist arm.
10/17/2012
Cofunds hits £45bn assets under administration milestone
Cofunds also secured new institutional clients
10/16/2012
Ashmore assets boosted by fresh inflows
Net inflows accounted for $600 million of the rise, while positive investment performance $3.7 billion.
10/16/2012
Old Mutual to launch range of drawdown products
Old Mutual is to launch a range of at-retirement products, in a bid to rival upscale wealth managers like St James’s Place.
10/16/2012
RSM Tenon suffers pre-tax losses of £102m
Underlying business resilient in a challenging market
10/16/2012
Who’s Been Sleeping in my Bed?
A Tenant Profile of London Central
10/16/2012
Barings launches Emerging Markets Corporate Debt Fund
Baring Asset Management has today launched the Baring Emerging Markets Corporate Debt Fund.
10/16/2012
BNY Mellon named Global Best Bank for Custody
BNY Mellon received its award following a poll by the magazine of thousands of insurance
10/16/2012
Charity Bank celebrates 10 years at the forefront of ethical banking
For a bank, ten years in the business is a relatively short period of time.
10/16/2012
BlackRock's Q3 EPS up 23% on new business
BlackRock Inc.'s third-quarter profit climbed 7.9% as the world's largest money manager saw its assets under management increase, while revenue climbed.
10/16/2012
Aviva launches online CPD tool
The new Retail Distribution Review (RDR) professionalism rules set out by the FSA, specifies that all advisers are required to undertake a minimum of 35 hours CPD each year, 21 of which needs to be through structured elements such as workshops, courses or
10/15/2012
Orix, Macquarie lead bidders for Robeco
Rabobank has yet to decide which party to sell the business to, and may still pursue a deal with another buyer.
10/15/2012
Grant Thornton lifts revenues by 10 per cent
Grant Thornton yesterday revealed a 10.6 per cent rise in revenues for the year to 30 June, led by growth in its recovery and reorganisation arm.
10/15/2012
Carmignac Gestion expands offering for Italian clients
Founded by Edouard Carmignac and headquartered in Paris, Carmignac Gestion has about €50bn assets under management.
10/15/2012
Eurex to launch new incentive scheme for participants located in Asia and Australia
It grants those Asian based clients the same reductions in trading fees reached by the respective affiliated non-Asian Eurex member.
10/14/2012
Sir Richard Branson set to make a move on 316 RBS branches
Virgin Money is poised to work on a bid for the 316-branch Royal Bank of Scotland division after the collapse of the deal to sell it to Santander.
10/14/2012
Growth fund gears up for £150m London float
The firm is hoping to capitalise on the decline in banks’ support for private equity buy-outs, which has restricted the number of deals taking place.
10/14/2012
Kensington House Prices Rise to $3.5 Million in London ‘Bubble’
Asking prices for homes in London surged to a record this month as values in the borough of Kensington and Chelsea rose to an average 2.2 million pounds ($3.5 million), according to Rightmove Plc. (RMV)
10/14/2012
Albourne gives ultimatum to hedge fund managers
Comply with global risk reporting standards or your fund will be dropped