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RBC Dexia Remains on Top in R&M Global Custody Survey

RBC Dexia came first in the UK for the seventh year running and was also elected best custodian in Europe, Canada, North America, Far East and BeNeLux.

Schroder Income duo look abroad to avoid 'extreme' concentration

Schroders’ Kevin Murphy and Nick Kirrage have moved their £1.1bn Income fund close to its maximum allowed overseas weighting to escape the “extreme” concentration seen in the UK market.

Capita leads chase to buy Bluefin

Capita has emerged as the favourite to buy Bluefin Advisory Services, according to The Sunday Times.

SVG Capital faces a shareholder revolt

This week SVG chairman Nicholas Ferguson surprised the market by stepping down, with insiders suggesting there was an entrenched feud with Mr Coller at the heart of the decision.

Norway's sovereign fund reports $15-billion loss

The $600-billion fund, which invests the Norwegian state’s tax revenues from oil and gas activities abroad, suffered its third-worst result in percentage terms since its inception in 1998, declining 2.5 per cent.

Metro Bank seeks £150m for expansion

The lender is due to open its eleventh branch in High Wycombe, Buckinghamshire, tomorrow, and has plans for a further nine branches this year and 200 branches over the next decade.

Italy Said Paid Morgan Stanley $3.4 Billion In Jan To Unwind Derivatives Deals

Italy viewed the payment to exit the contracts as cheaper than to renew them, the person said.

The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.61% in February

Performance for the Broad Index and its 10 sub-strategies is calculated monthly.

Skandia drops JP Morgan and Goldmans from funds

Skandia Investment Group (SIG) has dropped JP Morgan and Goldman Sachs from its global equity and European equity fund mandates respectively.

RBC Dexia wins 'Leading UCITS Custodian and Fund Administrator' award

The Hedge Fund Journal selected RBC Dexia based on the company's depth and breadth of experience providing support and service to the alternative UCITS segment.

Man Group Sees Hedge Fund Demand From Asia-Pacific Investors

Man Group is seeing demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region, said Chief Executive Officer Peter Clarke.

Ulster Bank to offload State Street HQ

STATE STREET bank’s Irish headquarters in the south Dublin docklands is expected to be offered for sale as part of Ulster Bank’s disposal of €1 billion of distressed property loans over the coming months.

F&C reports £7.2bn net outflows in 2011

F&C attributed the fall in outflows and AUM to withdrawals from its strategic partners business.

Canadian boost for Standard Life

A strong performance in Canada and further cost cutting has delivered a 28% increase in operating profit for Standard Life.

Bumper Hedge Fund Launches as Performance Converges

The difference between the best and worst performing hedge funds is narrowing, according to new research, but the number of new funds being launched is still approaching pre-crisis peaks.

Asian and Middle Eastern capital increasingly important driver to Central London

Sovereign wealth funds (SWFs) and cash-positive pension funds from Asia and the Middle East are an emerging force behind the high level of global capital currently flowing into the Central London commercial real estate market, according to the latest rese

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