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Och-Ziff to Shut European Hedge Fund as New CEO Shifts Focus

Och-Ziff is also weighing returning capital to investors in other smaller funds.

Giant pension firm caps exit penalties for young savers

Old Mutual Wealth has set aside £69m to cover the cost of capping early encashment charges at 5pc for under-55s and refunding all exit penalties of over 5pc levied on policies since 1 January 2009.

Munich Re posts €476m loss in P&C reinsurance in 2017

The combined ratio for 2017 deteriorated to 114.1 percent in 2017 from 95.7 percent in the previous year.

Winton Capital registers as AIFM in Ireland - filing

A source with direct knowledge of Winton’s Irish move said it was part of the company’s Brexit planning. A spokesman for Winton declined to comment when contacted by Reuters.

Zurich Int’l Life rolls out online portfolio management tool

“With this new functionality, customers can keep up-to-date with their investments and be empowered to actively manage where their money is being invested to ensure their investments are on track.”

Global property investment hits record high thanks to Asian spending spree

On an annual basis, the amount of money spent on property across the world increased by almost 13.3pc, with Asian investors in particular increasing their exposure to most markets.

JTC lists on London Stock Exchange

The initial public offering will provide us with access to the capital markets, as we look to deliver future growth, both organically and through our targeted acquisition strategy in a sector which we view as ripe for consolidation.

Prudential splits Europe business from US, Asia

This will enable it to play a greater role in developing the savings and retirement markets in the UK and Europe through two of the financial sector’s most trusted brands, while Prudential plc will be able to focus on the attractive returns and grow

Crestbridge acquires Kingfisher Property

Crestbridge also has complementary offices in Jersey, Luxembourg, the Cayman Islands and Bahrain.

M&G reports record inflows ahead of Pru demerger

At a group level, Prudential reported group IFRS operating profit was up 6% to £4.7 billion

Jersey’s JTC lists on LSE’s main market

JTC first established a presence in the US in 2013 with a representative office in Miami, from which it continues to provide corporate, fund and bespoke private client services to its clients.

Bulgaria's DZI Life Insurance gets regulatory nod to acquire UBB-MetLife Life Insurance

In January, DZI Life Insurance received approval from the Financial Supervision Commission to acquire full ownership of UBB-MetLife Life Insurance Company.

Net assets of UCITS and AIFs surpassed USD15 trillion in 2017, says EFAMA

Elsewhere in Europe, net asset growth greater than 20 per cent was recorded in Belgium, Bulgaria Cyprus, Czechia, Hungary, Malta, Poland and Portugal.

Egypt Picks Banks to Manage International Bond Sale

Al Tamimi & Co. and Dechert LLP are the legal advisers.

The world's biggest sovereign wealth fund partnered with the Queen to buy nearly £200 million of London property last year

Norway's sovereign wealth fund increased its London property portfolio by £200 million last year.

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