03/31/2017
Royal London hit by £44m extra costs on Ascentric upgrade
The outcome of this upgrade has not yet been announced.
Alternative Investments
03/31/2017
Former Fish Financial director launches new boutique
Alongside Northwood, there are currently four full time and three part-time staff working within the business.
03/31/2017
Amundi teams up with French alternative energies commission for new private equity firm
It also will create and manage other strategies focused on financing technological innovation projects in France.
03/31/2017
Transact cuts fees to reflect profitability
The company stated a correlation between profitability and charge reductions.
03/31/2017
Norway's wealth fund may be allowed to invest in unlisted stocks next year
May also allow direct investments in unlisted equity
03/31/2017
Private Equity Tries Taking Back Control
Pollen Street took Shawbrook public in 2015, and investors came on board, hoping for capital growth from buy-to-let lending and dividend increases.
03/30/2017
BBVA joins Linux Foundation's blockchain project
Hyperledger, seeks to ensure that blockchain implementations are compatible both within and across industries
03/30/2017
Sovereign wealth funds back Heathrow
The funds will be invested in projects such as the expansion of Terminal 2 and a new access tunnel for road traffic.
03/29/2017
London Real Estate Targeted by Man Running Billionaire Lego Fund
Britain’s property market has also been affected, with owners of prime real estate in London struggling to find buyers.
03/29/2017
US hedge fund in Milan deal
Elliot reportedly has other investors who will contribute to the investment, but they have not yet been revealed.
03/29/2017
Standard Life scales back 1825 acquisition team
It’s only going to be if it’s absolutely right for them.
03/29/2017
Making the new tax year changes work for you David Newman, Head of Pensions at Close Brothers Asset Management
This April will see several changes and schemes introduced, many of which could affect your investments, your pension or your savings – so it’s important to take action over the next few weeks, whether that be using up any allowances before th
03/29/2017
BlackRock tracks MSCI Index with green bond fund launch
The Green Bond Index fund is the fund house’s latest product that falls under the ESG banner.
03/29/2017
AC Milan set for Hong Kong listing
Asian investor plans IPO as an exit for Elliott which has helped fund €740m purchase
03/28/2017
The definitive list of the Square Mile's largest landowners
The Corporation of London's holding has been accrued gradually, over centuries, as it helped the Crown to fund wars in exchange for property.
03/28/2017
Schroders joins calls to cancel Tesco takeover of Booker
The train wreck that is Tesco over the last decade has expanded into new businesses, expanded into new geographies
03/28/2017
Hong Kong’s Platinum Estates plans luxury hotel in Spain to tap outbound Chinese tourist growth
The land cost was €50 million (US$54.3 million) and construction is expected to cost about €120 million.
03/28/2017
Aviva Plans Sale Of Friends Provident Unit For Up To $750 Mln: WSJ Reports
Aviva's Friends Provident unit serves high-net-worth clients in Asia and the Middle East.
03/28/2017
MP attacks Lloyds over loan scam compensation
Lloyds last week appointed Scottish professor Russel Griggs to oversee the review into HBOS Reading.
03/28/2017
A New York investment group is putting £100 million into UK marketplace lending startup Lendable
Around 90% of the loans offered are for less than £5,000.