08/27/2019
Neptune assets fall ahead of sale to Liontrust
Robin Geffen, the company’s chief executive and founder, wrote in the annual report that “2018 saw net outflows due to volatile markets and a challenging distribution environment.”
Alternative Investments
08/27/2019
Openwork's Omnis launches nine funds
Three firms that run existing mandates for Openwork, Jupiter, T Rowe Price and Fidelity International, will run the additional funds.
08/26/2019
Swedish group Handelsbanken to close final hedge fund
The Handesbanken Global Selektiv Hedge is managed by Viking Kjellström, who is also managing the receiving fund.
08/26/2019
Japan’s SMFG to acquire British asset manager TT International
Once complete, the British asset manager will operate separately from SMFG unit Sumitomo Mitsui DS Asset Management.
08/23/2019
Brussels eyes €100B wealth fund for ‘European champions’
The officials identify Google, Apple, Facebook, Amazon, Microsoft, Baidu, Alibaba and Tencent among the companies Europe needs to rival.
08/23/2019
Equities attract more of Norway’s trillion-dollar fund
This week, the world’s largest sovereign wealth fund, with more than $1 tn in assets under management, published its second quarter financial performance.
08/22/2019
Norway’s $1 trillion sovereign wealth fund grows despite a volatile quarter for markets
The fund now contains more than $60 billion in bonds with negative yields.
08/21/2019
World’s first vegan ETF prepares to hit markets
Our ETF offers them the opportunity to invest in line with their values.
08/21/2019
Fund Manager With $7 Billion Is Raising Stakes in Swedish Banks
The drop in their valuation has gone too far,” Hedstrom said.
08/21/2019
More woe for Neil Woodford with Guernsey delisting
The cancellation of those preference shares last week was confirmed by an official notice from Guernsey's The International Stock Exchange
08/20/2019
Fairway Group leads the way for Jersey with four International Investment award nominations
Jersey is blessed to have such a high concentration of highly qualified experts in this area of finance with a proven track record of advising on, delivering and servicing international clients.
08/20/2019
Catella Residential acquires €30m German assets for clients
In Dresden, the manager has bought a senior living home with 45 residential units
08/20/2019
Aegon promises "significant changes" to platform
Aegon recently confirmed it would add a feature allowing advisers to hold more than one product in the same tax wrapper
08/19/2019
BlackRock has rattled the private equity industryBlackRock has rattled the private equity industry
The fund manager’s initiative is good for investors but comes at a strange time
08/16/2019
Silver linings amid the chaos; Buying stocks ahead of recovery in 2020
This is a dangerous tactic. Business confidence was already at a low ebb and investors fear a further ratcheting up of trade tensions along with a possible no-deal Brexit may be enough to push major economies into a full blown recession.
08/16/2019
German VC firm collects $6 mn directly from Korean individuals
In comparison, investing in domestic venture firms, if successful, hardly returns over 10% per annum because of their limited growth potential in the home turf.
08/15/2019
Jupiter expands HY efforts with short duration launch
In this new approach, Darling will hold around 75 bonds and invest at least 70% of the fund’s assets in global corporate high-yield bonds with maturities of no more than five years.
08/15/2019
Banking, insurance and other financial services if there’s no Brexit deal
Information about financial services such as banking and insurance for UK residents, businesses based in the UK, EEA residents, and financial services institutions.
08/15/2019
Fidelity ditches giant Aviva fund in Select 50 buy list shake-up
Fidelity also removed its own £19 million Fidelity American Special Situations fund and JOHCM UK Dynamic from Select 50.
08/14/2019
Hana Financial Teams Up to buy Vienna Hilton for €370M
The acquisition of the 571 room property, which is the largest hotel in Austria and the third-largest Hilton hotel in Europe, comes just one month after a pair of transactions in Europe saw real estate assets valued at more than $1 billion snapped up by K