09/14/2017
London Stock Exchange Group strengthens grip on LCH clearing house
The LSE runs LCH, the world’s largest interest-rate swaps clearer, in conjunction with the big investment banks that are both users and minority shareholders.
Alternative Investments
09/14/2017
South Africa's Capitalworks to launch London hedge fund business
Mitra formerly worked at Carrhae Capital and Moore Capital Management.
09/13/2017
Hedge Fund Standards Board ditches ‘hedge funds’ label
In January 2008, the Hedge Fund Standards Board was established as a non-profit organisation to oversee and further develop the Standards.
09/13/2017
Lombard Odier hands unconstrained mandate to bond veteran
It is similar to the €545 million Franklin European Total Return, which is managed by Zahn alongside John Beck.
09/13/2017
First Eagle Investment Management Opens London Office
We believe our clients in the EMEA region can best be served from an office that’s close to them in geography
09/13/2017
Generali agrees sale of Dutch business to ASR Nederland
It noted that the contribution of the Dutch business to its overall group operating result was “limited”, and equal to approx. €9m in 2016.
09/12/2017
Sipp sales offset Qrops slump at STM
Following the strong performance to date, and looking forward therefore to the rest of the year, the Board is confident that the Group is performing ahead of existing expectations
09/11/2017
Boutique nets £7.25m from property sale
The remaining balance will be added to the firm's net cash balance sheet position, which will be used to support its growth strategy.
09/11/2017
7IM launches multi-asset passive fund range
The funds will invest in a range of asset classes including equities, government and corporate bonds, index linked gilts, cash and near cash, real estate and certificates of deposit, via exposure to futures and funds.
09/11/2017
Brunel pool to invest £5bn in private markets as it seeks head of asset class
They will then be asked to investigate and develop co-investment, bespoke funds, and join ventures in an effort to find more direct and efficient approaches.
09/11/2017
LPC-Banks to sell £647m loan backing Civica buyout
The financing comprises a £450m first-lien loan, a £97m second-lien loan and a £100m revolving credit facility, the sources said.
09/11/2017
Warburg Pincus Completes Acquisition of 49% Stake in Fortune SG from Societe Generale
This transaction will have a limited positive impact on Societe Generale's financial ratios.
09/10/2017
Global expands its real estate holdings in the UK
We see great opportunity in the retail warehousing sector due to its resilience to the rise of the ecommerce industry.
09/10/2017
Bell Pottinger's Middle East arm to split from London parent
BPME said that it had received interest from a “wide range of potential investors,” and that its management intended to take over the unit.
09/08/2017
LME sets out strategic pathway to drive growth
The London Metal Exchange and LME Clear (together, the LME) today set out their strategic pathway following a comprehensive period of engagement with their users.
09/08/2017
Aurora seeks to build on turnaround with share issue
The board is seeking authority to issue a maximum of 150 million new shares over the next 12 months, around four times the current number of shares.
09/07/2017
Capitol sale funds JCD
Cork has proven itself to be an attractive location for both occupiers and investors and is a viable alternative to Dublin and other markets.
09/07/2017
Ashmore profit rises on emerging markets strength
The emerging markets it focuses on have continued improving and that it believes the recovery has further to go.
09/07/2017
Franklin Templeton brings ETF business to UK market with quadruple launch
Franklin LibertyQ UCITS ETF range
09/06/2017
Panmure Gordon launches investment banking services after sale
City stockbroker to offer private fundraising, debt capital and advisory and M&A