04/13/2018
Federated Investors takes majority stake in fund manager Hermes
Hermes will remain headquartered in London as a subsidiary of Federated.
Alternative Investments
04/12/2018
JOHCM unveils first multi-asset fund with income bias
‘Logical extension’ of firm’s long-only equity range
04/12/2018
New $100m insurtech investment fund launches
It will be one of the first global, independent insurtech investment funds targeting early and growth stage investments.
04/12/2018
‘50 cent’ insurance buyer predicts further market turmoil
London-based fund manager Ruffer says assets are riskier than they look
04/12/2018
US firm Quadrant targets €1bn of Irish property lending
Company expects Brexit to boost demand for Irish office space in the coming years
04/12/2018
Geneva adviser FFG launches first fund
De Marignac’s aim is to outperform the MSCI World index over a full economic cycle by targeting companies generating a surplus cash flow on a sustainable basis.
04/12/2018
BT Pension Scheme to sell majority stake in Hermes in £410m deal
Federated Investors to buy 60% of UK fund manager, with management team owning 10%
04/12/2018
Latest U.K. CMA paper raises concerns over abilities to switch consultants, OCIOs
The CMA said its analysis of the switching process in fiduciary management "indicates that the time and costs involved … can be considerable."
04/12/2018
HSBC Alternative Investments appoints State Street to provide back and middle office services
There are 325 Reserved Alternative Investment Fund’s registered in Luxembourg, and at State Street we service many of them.
04/11/2018
Royal return for Standard Life Aberdeen as princess opens new HQ
The visit came 21 years after the Princess opened Standard Life’s previous headquarters in the city.
04/11/2018
Bupa Global ‘partners’ with Mercer to offer ‘health scorecard’
It has even been associated with improved company stock value performance, based on the US data since its creation in 2006, Bupa says.
04/11/2018
Fidelity launches six low cost index funds
The low cost fees starting at 0.06% for the S&P 500 fund and reaching 0.20% for the MSCI Emerging Markets fund.
04/11/2018
Hastings Funds Management changes name to Vantage Infrastructure
Vantage will operate as an independent global debt and equity infrastructure investment firm.
04/11/2018
Columbia Threadneedle unveils global absolute return strategy
The company said the launch of this product was timely given the current economic and credit cycles.
04/11/2018
Quarter of UK SMEs going global for growth
Many UK SMEs are also ‘exporting domestically’, within the UK but beyond their local area or town.
04/10/2018
Australian boutique launches second UK fund
The fund will run a high conviction portfolio of between 30-60 stocks, with over 45% of its assets allotted to Asia and a significant underweight to the US.
04/10/2018
HSBC applies AI to track financial crime
Alongside the payout, HSBC agreed a five-year deferred prosecution agreement (DPA) with the US Department of Justice (DoJ) under which it promised to take action to correct compliance failings.
04/10/2018
Standard Life Aberdeen: a £650bn entity fraught with divisions
Six months after the £3.8bn deal's completion, resistance to job cuts and client outflows weigh heavily on the giant firm
04/10/2018
Swedish EQT Partners eyes deeper Asia play with new mid-market fund
EQT’s Asia exposure is currently at only 3-4 per cent but over the medium to long term, the PE player wants to have more business lines come to Asia.
04/10/2018
Japanese funds betting on high yielding European real estate
Total assets under management were little changed over the same period, he said.