08/22/2016
Goodbody dismisses Investec takeover speculation
Fexco took control of firm in 2011 with Goodbody keeping a 25% holding, now up at 49%
Alternative Investments
08/22/2016
Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy
Two European firms have sold debt directly to the ECB through private placements, a startling example of how the market is adapting to extremes of monetary policy
08/22/2016
Neil Woodford’s Investment Firm Scraps Bonuses for Single Salary
The benefit plan also includes life insurance and medical care for the 35 staff, including seven on the investment team.
08/22/2016
UK fund management house launches fitnech accelerator
The programme will provide mentoring, office space in central London, plus potential access to Octopus Investments’ distribution channels of financial advisers and investors.
08/21/2016
Football interest would fit China Everbright’s priorities
China Everbright was set up in Hong Kong in 1983 by the Chinese government to act as a bridge for trade finance between the mainland and outside world.
08/19/2016
Citigroup proprietary trader leaves to launch hedge fund
The departure marks the exit of the last real proprietary trader at the bank.
08/19/2016
The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I
In bonds, allocation would be somewhat similar.
08/19/2016
Activist hedge fund Elliott scores successes in UK
The fund’s London office, which is managed by Gordon Singer, the son of Elliott’s founder Paul Singer, has been open since 1994, long before many UK funds.
08/19/2016
Allianz, Axa Said to Bid for StanChart Asia Insurance Rights
The lender entered a new 15-year agreement with Prudential Plc in 2014 to distribute its life insurance products in Asia.
08/19/2016
Capital & Regional says retailers not affected by Brexit vote
Chief executive Hugh Scott-Barrett said he remained confident that the company's centres would continue to perform well this year, and that activity in the immediate wake of the vote had been encouraging.
08/19/2016
Former Top British Banker Adding Some Green to His Portfolio with Big Cannabis Investment
The banking industry operates this way despite the immense risk it places on individual marijuana industry workers and businesses.
08/19/2016
Cambridge university start-up fund raises £75m ahead of IPO
The university founded CIC in 2013 with an original £50m investment, which came from its own funds as well as outside investors including Lansdowne Partners, one of the largest hedge funds in London, and Arm Holdings, the technology group.
08/19/2016
Special fee on top Montanaro UK Income fund shuts
Investors were promised they could lock in this introductory price forever as long as they invested before the fund hit the £150 million capacity.
08/18/2016
Ex-Barclays Banker Said to Back Marijuana Venture
The venture may seek to capitalize on the outcome of the state’s November vote on whether to legalize and tax recreational pot use.
08/18/2016
Rentplus secures £20m funding deal
It will then look to lease homes to housing associations, which would let them to people with an income of less than £80,000 a year who are struggling to get onto the property ladder.
08/18/2016
AJ Bell launches passives-only managed portfolio service for financial advisers
According to the firm, the key benefit of the service is to free up financial advisers’ time so that they can spend more of it with clients and focusing on core financial planning.
08/17/2016
Multi-manager scraps Walewski & Renaud amid fund ‘evolution’
The Dublin-domiciled fund, which was launched in April 2008, is based on European equity managers presenting their best ideas as a 10-stock portfolio, which is then curated by Freeman-Shor.
08/17/2016
Norway sovereign wealth fund returns 1.3% profit
Bonds performed best, returning 2.5 per cent, while equities returned 0.7 per cent and property minus 1.4 per cent.
08/16/2016
Belarusian PE firm Zubr Capital collects $50 mln for debut fund
The launch of the Fund in Belarus is the evidence of the country’s financial markets ready and prepared to cooperate with western investors
08/16/2016
Norway-Backed Fund on Hiring Spree in Africa Finance Venture
Arise will start operating in January with investments in 20 African countries and enough funding to be able to reach almost $1 billion of assets within five years, said Deepak Malik, the southern African head of Norfund.