10/08/2012
Barclays to acquire ING Direct UK
Dutch banking group ING announced its plan to exit the UK in August, as it seeks to raise funds to repay a bailout from the Dutch government.
Alternative Investments
10/08/2012
Cofunds names 85 RDR-fit groups
The platform aims to list 2,000 ‘clean fee’ share classes from fund groups by the end of 2012
10/08/2012
Succession in public warning to members over Threesixty
Network says it has doubts over compliance services provider’s independence since Standard Life takeover.
10/08/2012
Ian McKenna: Aegon makes last push to be RDR-ready
The first company to be reviewed in this series was Aegon
10/07/2012
Several groups absent from Cofunds’ RDR-ready list
Major fund groups among those not on list of companies ready to go with ‘clean’ share classes when platform’s unbundled pricing model went live.
10/07/2012
BNY Mellon to provide Allianz Global Investors with outsourcing solutions
BNY Mellon has been appointed to provide outsourced accounting and data management solutions to a range of discretionary mandates managed by Allianz Global Investors.
10/07/2012
Norway’s Wealth Fund Buys 50% of U.K. Mall for $560 Million
The transaction, completed on 6 October, values the entire asset at £1.525 billion pounds, including debt.
10/07/2012
Thomson Reuters and BlackRock Launch New Fixed Income Derived Analytics
Performing valuation and risk analysis on complex fixed income instruments can be a costly and time consuming process
10/04/2012
Worldwide investment fund assets increased to EUR 21.4 trillion in Q2 2012
Investment fund assets worldwide increased by 2.7 percent during the second quarter to stand at EUR 21.42 trillion at end June 2012.
10/04/2012
Standard Life Plc : Investment solutions and distribution partnership
Standard Life announces major investment solutions and distribution partnership with RBS
10/04/2012
Alexander Forbes sells part of UK business for 17 million pounds
The acquisition of AFCA will impact on the scale of JLT, which will better enable it to meet the challenges of a changing employee benefits market; as well as consolidating its position as one of the UK’s leading full-service employee benefits consu
10/03/2012
Blackstone joins with Anacap for bank deals
Blackstone has set up a joint venture with mid-sized rival Anacap to hunt for private equity deals in Europe's embattled banking sector, a person familiar with the situation said.
10/03/2012
Aviva set to end sponsorship deal with UK Athletics
One of the most enduring sponsorships in British sport is set to end when Aviva’s deal with UK Athletics expires in December.
10/02/2012
Skandia: advisers in conflict over single platform use
Advisers are confused about the rules over independence and single platform use, according to data from Skandia.
10/02/2012
Norway’s Wealth Fund Targets U.S. Real Estate in 2013
The fund is preparing its move as a recovery in U.S. real estate values “lost steam” in the last three quarters.
10/02/2012
Cambridge University Considers Debut Bond as It Gains Top Rating
Cambridge University said it may sell bonds for the first time in its 800-year history after winning a top credit rating from Moody’s Investors Service.
10/02/2012
AXA tops the world's insurance brands
For the fourth year running, AXA is the number one global insurance brand in Interbrand's ranking. The brand is also ranked 58th amongst the top 100 Best Global Brands and becomes the 4th French brand across all industries, behind Louis Vuitton, L�
10/01/2012
Standard Life unveils consultancy charging structure
Provider confirms it is ready to support new and existing clients through auto-enrolment.
10/01/2012
HSBC offloads property advice unit
HSBC Private Bank will continue to introduce its clients to Property Vision under a referral agreement to be entered into at completion.
10/01/2012
Aviva Renews Wrap Platform Contract with Citi
Long term commitment to the wrap market assured