04/30/2018
Ten new funds added to FE Approved List in latest rebalance
Significant funds removed
Alternative Investments
04/27/2018
Sanlam launches AIM portfolio IHT service
The service has an initial charge of 1.5% with a 2% plus VAT annual management charge.
04/26/2018
Turkey, Spain praise strong ties, look to boost bilateral trade, investments
Yıldırım also mentioned that Turkey grew 7.4 percent last year, ranking first among the G20 members, adding that it was thanks to the strong government and continuous stability.
04/26/2018
Schroders fund scoops MSCI award
Schroders said that the fund’s strong performance reflected the firm’s wider investment philosophy to focus on ‘winning cities’
04/26/2018
BME Posts €37.9 Million Net Profit In The Firts Quarter Of 2018
The ratio of revenues not linked to volumes over the cost base stood at 128%, showing an increase of 4 percentage points when compared to the same period of the previous year.
04/26/2018
Zurich is said to join US$2b wave of Malaysia stake sales
The sale of a 30% stake in Zurich’s Malaysian life unit could fetch about US$100 million, one of the people said, asking not to be identified because the information is private.
04/26/2018
Dutch transport fund to tender €25bn fiduciary management contract
Willem Brugman, director at Vervoer, said a regular market assessment was a sensible policy.
04/26/2018
Newell Palmer acquires Coventry-based IFA adding £80m FUM
Third completed acquisition of 2018
04/26/2018
Pictet launches Asian Corporate Bonds fund
Launched on 18 April
04/26/2018
Guernsey seeks to ease re/insurer access to long-term green investments
The GFSC is seeking interest and feedback from the industry, as it develops its new approach to regulatory life insurance solvency requirements.
04/25/2018
RL360° grows 5% despite ‘difficult market conditions’
Isle of Man-based life insurer RL360° grew its present value of new business premiums by 5% in 2017, continuing the company’s record of year-on-year growth.
04/25/2018
SYZ Asset Management launches European income fund
Managed by head of European equities Michael Clements
04/24/2018
Everything Is for Sale in Cyprus, and China’s Buying
The tiny Mediterranean island is throwing open the gates, while Germany and France build barriers.
04/24/2018
AMP Capital to acquire 49 per cent stake in London Luton Airport
The airport is operated under a concession agreement with Luton Borough Council.
04/24/2018
Boal & Co Launch Flexible Pension Freedom Scheme
Switches between the two regimes would be fee free, other than any tax or transfer charges that may apply.
04/24/2018
Witan hands mandate to boutique investment manager
Firm spun out of Odey Asset Management
04/24/2018
Clearstream buys UK fund platform from Zurcher Katonalbank
The deal allows Clearstream to expand its funds services to include management of distribution contracts and data processing.
04/23/2018
£8m bonanza for Hermes chiefs, including boss Saker Nusseibeh
It was a bumper year for the company, which made a pre-tax profit of £21.6m, more than double the figure in 2016.
04/23/2018
Ashburton enlists Fidelity to run multi-asset funds
Ashburton, the asset management arm of the FirstRand Group, will maintain responsibility for the clients and the distribution of the service.
04/23/2018
Invesco relinquishes Causer and Read trust in fee row
‘This letter has been sent notwithstanding the detailed and extended efforts of the board to reach satisfactory ongoing contractual arrangements (including in respect of fees payable) for both shareholders and the current manager having regard to pr