07/20/2017
Hargreaves and Lansdown back fund firm launches
Hargreaves Lansdown founders Peter Hargreaves and Stephen Lansdown back new entrants to UK funds space.
Alternative Investments
07/19/2017
CDC makes two new impact investments in Africa
Loans are typically used for renovations, medical equipment and working capital.
07/19/2017
Ravenscroft launches two funds into UK market
Mirror version of offshore funds
07/19/2017
Lighthouse in-house fund flows top £1m a week
The company attributes the half year gross revenues to the benefits of pension freedoms.
07/19/2017
AIMing for profits
AIM investing is risky, but the rewards are huge.
07/19/2017
Aviva to sell Friends Provident to RL360
Aviva said the sale will create a loss on disposal of GBP130 million, which is primarily due to the intangible assets held on Aviva's balance sheet arising from Aviva's acquisition of FPIL in 2015.
07/19/2017
Kames' short-dated launch targets mid-single digit returns
We have a hugely successful 14-year track record
07/19/2017
Schroder Real Estate Trust First-Quarter Net Asset Value Rises
Schroder also announced an interim dividend of 0.62p for the first quarter, which will be paid to shareholders on August 31.
07/18/2017
AIMA publishes guide to fund administration
The AIMA guide, previously published in 2009, has been revised to reflect changes to standards for cyber security, recordkeeping and anti-money laundering checks
07/18/2017
Hedge Funds See MiFID Win in EU Warning to Trading Platforms
The publication shows that while MiFID II has been years in the making
07/18/2017
Swedish Banks Start Adding Risk Weights to Government Bonds
Danish regulator doesn’t see “any urgent need to address this
07/18/2017
MidEast buyers snap up 40% of Bahrain-backed London scheme
Paddington Gardens is being developed by Meritas Real Estate and Bahrain’s Ahli United Bank
07/18/2017
Acquisition of Thesis edges closer
Thesis is a regional private client asset management business that offers financial advice and investment management services.
07/17/2017
First Property sets up £180mln fund to capitalise on Brexit vote slowdown opportunities in commercial property
The firm said the Fprop Offices LP fund – which has a term of seven years - closed its first round of funding on 14 July with equity commitments of £182mln
07/17/2017
The unstoppable rise of alternatives - Global Alternatives Survey 2017
Research shows total global alternative assets under management hit $6.5 trillion
07/17/2017
Invesco launches third European hotel fund with an open-ended structure
The switch to a perpetual-life fund for its third vehicle reflects a wider shift in favour of open-ended structures, as investors seek long-term exposure to real estate markets.
07/14/2017
Aviva puts 120 jobs at risk of redundancy
The proposals affect 86 people based in Southend and 34 people employed in field work across the UK
07/14/2017
Generali puts $50bn German life book up for sale
Dutch insurer Aegon sold its £9bn closed book of UK annuities in two separate deals
07/13/2017
Samsung arm picks Berlin for HQ because London “not a fun place to live unless you are really rich”
Samsung’s Next technology fund has announced it intends to open shop in Berlin over London because Britain’s capital city is too expensive, and “not a fun place to live unless you are really rich.” In an interview with The Times,
07/13/2017
BMO launches trio of enhanced income ETFs
Income is distributed quarterly and the ETFs target a yield enhancement of 3% over the chosen equity benchmark.