12/14/2018
Phoenix Group moves shareholding from Cayman Islands to London Stock Exchange
Phoenix Group Holdings now operates new group holding company structure in the UK from 12 December
Alternative Investments
12/13/2018
Kuwaiti investor spends £39m on London office building
The deal comes despite wider jitters in the commercial property market about rental growth prospects and tenant demand after Britain leaves the EU.
12/13/2018
East Capital acquires Swedish fund management company
Once the transaction is completed Monyx will become a fully-owned subsidiary of East Capital Group.
12/13/2018
Ex-Barclays broking boss opens City advisory firm
Well-known former UBS, Goldman and Barclays broker is latest to go it alone in the City
12/13/2018
Catella completes the purchase of 75% in APAM
"This transaction further strengthens our position as we reach AUM volume of EUR 8,1 billion” says Timo Nurminen, Head of Property Investment Management at Catella.
12/12/2018
Best and worst performing funds of 2018 revealed
It found the absolute worst performing fund, across all asset classes, was the £211m Jupiter India Select, which lost 28.8 per cent, while the £848m Jupiter India fund, the third worst performer, has lost 25 per cent.
12/12/2018
Royal London chief ‘open-minded’ to Ascentric name change
Outgoing Royal London chief executive Phil Loney has said he is ‘open-minded’ about a move to rebrand the wrap platform Ascentric in 2019.
12/11/2018
Total Wealth Planning merges with multi-asset firm Apollo
New chairman appointed
12/11/2018
Butterfield interested in Channel Islands
Buying a high street bank subsidiary would be far larger than previous deals, but Butterfield could access capital to pay for such acquisitions. ‘
12/11/2018
‘Gold standard’ is set by insurance company
To be considered for coveted Chartered status, which is described by the Chartered Insurance Institute as the ‘gold standard for firms of insurance brokers’, Rossborough had to meet rigorous criteria relating to its professionalism and capabil
12/11/2018
Danske Bank sells Swedish pension unit for $288 million
Danske Bank has been embroiled in a major money laundering scandal linked to its Estonian branch.
12/10/2018
European bond markets yet to see MiFID II benefits
The Markets in Financial Instruments Directive II (MiFID II) has failed to boost competition, investor protection, and transparency in European bond markets.
12/10/2018
Sabadell announces plans to merge or sell TSB Bank
The bank will focus on its strategy for at least two years before considering the merger or sale, the Chairman revealed.
12/10/2018
‘Largest ever’ investor group demands world leaders dump coal
$32tn coalition, including Schroders, Amundi and HSBC, takes on Trump with green demands
12/10/2018
LEBC posts record profits for 2017/18 financial year
LEBC’s commitment to invest in technology and training, pioneering the development of its ‘Bionic’ advice proposition – human advice, augmented by the latest technology – continues apace.
12/07/2018
SGG Group completes acquisition of Augentius
The services offered by Augentius will complement SGG Group’s current funds offering, including a leading technological platform and experienced and specialist teams with a reputation for providing a high quality service.
12/07/2018
FSCS to compensate 2000 as mini bond firm fails
Many of these customers still have outstanding complaints with IPM and the Financial Ombudsman Service.
12/07/2018
Mobius Capital Partners appoints Northern Trust to support UK investment trust and Luxembourg SICAV
Northern Trust will provide depositary, custody, fund accounting and foreign exchange services to the investment trust, and fund administration to the SICAV.
12/06/2018
Opec set to cut output at Vienna meet as oil prices slide
Analysts expect production cut of 1 million barrels a day to rebalance oil markets
12/06/2018
Impax Asset Management AUM swells on 'high levels' of inflows
Our assets under management have significantly expanded as we've attracted high levels of inflows and successfully integrated Pax World Management LLC, said Keith Falconer, Chairman.