01/03/2020
Capacity concerns prompt £9bn downgrade of Lindsell Train funds
Nick Train’s investment trust suffers smaller downgrade thanks to closed-ended structure
Alternative Investments
01/03/2020
Hermes CEO recognised in New Year’s Honours List
With Hong Kong businessman given a CBE for services to trade and investment
01/03/2020
Newcastle Building Society reveals launch date for new branch in Wooler
A building society is set to open a new branch in a town which has been bankless for more than a year.
01/02/2020
Only a tax and regulatory revolution will revitalise our unloved public equity markets
Far more companies are leaving than are joining, and with record levels of buyback activity
01/02/2020
Eugene Investment acquires Poland office building for $61 mn
The deal comes a year after two small Korean financial services companies snapped up the Cedet building, a landmark office building in Warsaw, for 183 billion won.
01/02/2020
Festive cheer sends eurozone bond yields to fresh highs
Signs that Germany is contemplating higher borrowing have added to selling pressure
01/02/2020
European investment fund acquires Dublin industrial estate for €6.75m
The industrial estate is adjoining Northwest Business Park and is within close proximity to the airport, Dublin Port Tunnel and the M2 and M3 motorways.
01/02/2020
M&G Property puts £137m up for sale in 'controlled' asset disposal
M&G has continued the suspension of its Property Portfolio fund and its feeder fund in a bid to increase cash reserves.
01/02/2020
LV finalises split with general insurance sale
The change would result in LV being governed by the Companies Act, but it would not change the company’s mutual status.
01/02/2020
Greg Coffey hedge fund swings to profit as fees surge 300%
Kirkoswald Capital defied a challenging market for some of the biggest names in global macro investing in 2019
12/31/2019
Turkey Wealth Fund Buys 10% Stake in Borsa Istanbul from EBRD
Zafer Sonmez, the CEO of the wealth fund, told Bloomberg in October that the fund was planning to boost its holding in Borsa Istanbul and then take it public.
12/30/2019
Migrations and acquisitions: A year in adviser platforms
Platforms reloaded
12/29/2019
Posh pet food firms loved by Prince Charles and Ed Sheeran want buyers to gorge on £150million feast
London-based Lily’s Kitchen was founded by Henrietta Morrison in 2008 after her border terrier Lily fell ill and refused to eat regular pet food.
12/29/2019
Mercia contrite over small investors left out of £30m fundraising
Group needed money to buy two VCTs and allow Invesco and Woodford fund to cash out
12/29/2019
Norway Wealth Fund CEO Says Successor Will Probably Be Norwegian
“It’s not very realistic that it won’t be a Norwegian,” he said. “Someone who’s able to say what this fund actually is, explain it in a simple way.”
12/27/2019
ARA Asset Management sets up JV
Through the latest JV, ARA will be hoping it can leverage Venn’s specialty in European real estate private debt, which has built up a track record in areas including residential mortgages, commercial real estate, private rented sector guarantee sche
12/27/2019
Meritz Sec buys Brussels building for $1.6 bn
Market observers saw the acquisition cost as too high for Meritz Securities
12/23/2019
Bulgaria ups growth forecast to 3.6% in 2019: finance minister
Bulgaria, which has already pegged its lev currency to the euro, wants to join the euro zone’s obligatory two-year “waiting room”, the ERM-2 mechanism, in the spring of 2020.
12/23/2019
Star manager’s fund plunges 60% in a year
About four-fifths of the fund is invested in tiny stocks listed on AIM, the junior market, which are traded less frequently than blue-chip stocks and get little coverage from analysts.
12/23/2019
Dolfin Expands Product Offering to Include Gold in Portfolios
The investment universe available to Dolfin clients spans government bonds, corporate credit, equities, commodities and currencies via direct exposure to markets or the use of exchange traded funds, mutual funds, hedge funds, futures and options.