08/28/2012
Charnock to front newly-created Standard Life adviser unit
In the UK the restructure will see the creation of an advisers and investments business unit made up of Standard’s existing retail adviser, proposition, wealth and investment solutions businesses, reporting into Richard Charnock.
08/28/2012
Threadneedle is to roll out a range of commission-free share classes across the majority of its fund range, and waive initial charges for advised UK retail investors, as it makes its proposition ready for the post-RDR world.
08/27/2012
*In total, the industry saw estimated outflows of approximately $8.5 billion in July, bringing overall assets under management for the industry to approximately $1.75 trillion;
08/27/2012
Aquantum AG intends to launch its first UCITS fund in cooperation with Universal-Investment Luxembourg.
08/26/2012
Peakside's first direct investment into Poland
08/26/2012
Head of the Firoka Group of companies paid 25 million pounds ($39.5 million) in cash for a London property that was once owned by Lehman Brothers Holdings Inc.
08/26/2012
Franco-Belgian bank Dexia SA said it believes it will need to recapitalise its Luxembourg arm before the latter's imminent sale, which could see it demanding further money from the Belgian and French governments.
08/26/2012
Nationwide will use the building as its new UK headquarters and will open a new branch on the ground floor.
08/23/2012
The group says it intends to add more offshore funds to the sectors in due course.
08/23/2012
The group says it intends to add more offshore funds to the sectors in due course.
08/22/2012
The first batch of shares were sold at 226.04p and the second for 225.00p, for a total of £67,656, taking his holding to 83,333 shares.
08/22/2012
"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.
08/21/2012
Regulators across the globe have identified Firms who have failed to comply with relevant rules, as opposed to those who have actually enabled any form of financial crime to take place.
08/21/2012
Hedge funds pose little risk to the banking and wider financial system, according to an industry survey by the Financial Services Authority.
08/21/2012
The sharia-compliant investment bank bought the 107,000 sq ft building for £33.4m from accountancy firm KPMG, receiver to a failed Irish property company.
08/21/2012
French bank Societe Generale , which recently agreed the sale of its U.S. asset management unit TCW, is now looking to sell its substantially smaller German leasing unit, called Pema, financial newsletter Agefi reported on Tuesday.
08/20/2012
"Forward redemptions increased in August which is typical as we approach quarter end but redemption notices remained at moderate levels indicating continued investor satisfaction with alternatives," said Bill Stone, Chairman and Chief Executive
08/20/2012
Mr Soros' investment fund bought about 3.1 million Class A shares in the club, according to the Securities and Exchange Commission.
08/19/2012
The problem seems to be, according to the Financial Services Authority, one of liquidity.
08/19/2012
Barclays Stockbrokers has revealed the top 20 funds purchased by clients through its revamped Funds Market during July 2012 – a busy month for its funds investors which saw a 110% increase in fund investments compared to the previous month and a 51%