04/27/2012
Gemini to bring Asia funds to UK
Gemini provides distribution and marketing for asset managers that have limited expertise in the retail and wholesale marketplace in Europe.
Alternative Investments
04/27/2012
Why Aussie businesses are flocking to list on the Frankfurt Stock Exchange
Phil Jones, chairman and chief executive of Hemiphon, is in no doubt as to why the workforce management company has listed on the Frankfurt Stock Exchange, putting it down to “speed to market and cost”.
04/27/2012
Irish funds industry expands presence in Asia
The office in Hong Kong was formally announced at Fund Forum Asia by Pat Lardner who has just taken up the position of chief executive of the IFIA.
04/27/2012
London Stock Exchange lures more Nigerian firms
Webster-Smith, who spoke exclusively with BusinessDay, noted that the LSE currently hosts a lot of Africa-focused companies, including three Nigerian related companies such as Guaranty Trust Bank plc, Diamond Bank plc, and Afren.
04/27/2012
Aberdeen, Kames Capital and Skandia Investment Group to host joint roadshow
Aberdeeen Asset Management, Kames Capital and Skandia Investment Group are to host a joint roadshow throughout May and June 2012.
04/27/2012
Rabobank eyes possible sale of fund management arm
A spokesman for the cooperatively-owned bank said on Friday it was reviewing "strategic options" for fund management arm Robeco, confirming a Dutch media report, but declining to comment on any of the details.
04/27/2012
Dexia private equity bids are in
First-round offers were due by Tuesday, one source said, although none were in a position to comment on a report that the auction for the asset management arm of Franco-Belgian bank Dexia SA could fetch as much as €750 million ($992 million).
04/26/2012
RBC Dexia Retains Top Ranking with Dominant Showing in Global Investor's 2012 Custody Survey
RBC Dexia also took top spot in all three overall (unweighted) regional tables: Best Custodian Overall - EMEA, Best Custodian Overall - Americas, and Best Custodian Overall - Asia Pacific.
04/26/2012
Bank of China Becomes Member of the London Metal Exchange
The bourse is considering takeover bids for the 135-year-old exchange after trading volume climbed to a record last year.
04/26/2012
Jupiter launches strategic reserve fund
The multi-asset fund is an onshore version of its Jupiter strategic total return Sicav and has an emphasis on capital growth and low volatility.
04/25/2012
Schroders launches Managed Monthly High Income Fund
The monthly distributions will be approximately uniform, with a potential yield of 5.5%1 or more per annum.
04/25/2012
LCH.Clearnet buys U.S. rival
LCH announced Tuesday, April 24, that it will buy Nasdaq OMX Group Inc.'s majority stake in IDCG and in return give Nasdaq a stake in LCH. As of November 2010, that stake was roughly 80% of IDCG
04/25/2012
Middle East investors goes cold on deal to buy part of RBS
Treasury officials have been working behind the scenes to reach a deal which could see a sizeable chunk of the state-backed bank hived off to sovereign wealth funds.
04/25/2012
Barings to close North America fund
The vehicle has delivered a return of 13.4 per cent over the past five years compared with the Russell 1000 Growth index’s 52.9 per cent gain, according to Morningstar.
04/25/2012
Carmignac to launch fund range for UK
The asset manager will target wealth managers, family offices, private banks, IFAs and institutional clients.
04/25/2012
State Street launches two strategies on Deutsche Bank platform
State Street Global Advisors has today launched two currency strategies on Deutsche Bank's dbSelect liquid hedge fund platform.
04/24/2012
Schroders to launch high income fund of funds
The Managed Monthly High Income fund will be available to investors from 21 May.
04/23/2012
Multi-millionaire’s island retreat goes up in smoke
THIS is the dramatic moment a Brit multi-millionaire’s Robinson Crusoe-style island retreat went up in smoke.
04/23/2012
JC Flowers-backed UK bank aims to double in size
The company was created in February 2011 after JC Flowers injected fresh capital into the mutually owned Kent Reliance Building Society, a casualty of the global credit crisis.
04/23/2012
Henderson and Investire Immobiliare SGR team up for Italian partnership
The two businesses complement each other well. Henderson Property possesses a strong international asset management platform, including a dedicated SGR platform in Italy, with significant access to the international investor market.