08/22/2017
True Potential range pulls in £2bn
The FCA has said it will assess the use and value of model portfolios and multi-manager funds in its platform study.
Alternative Investments
08/22/2017
Unigestion expands its fund distribution network
The new agreement means that all Unigestion’s Uni-Global SICAV sub funds and share classes are now listed on the MFEX platform, which offers 50,000 funds to investors in 30 countries globally.
08/22/2017
Norway’s sovereign wealth fund invests $223m in Manhattan office market
Norges Bank paid $223m (€190m) for a 93-year ownership interest in the property.
08/22/2017
Platinum Equity to buy Pattonair from Exponent Private Equity
The company supports blue chip engine and airframe manufacturers and MRO customers with tailored supply chain management solutions.
08/22/2017
Norwegian sovereign wealth fund returns 2.6% in quarter
Assets increased 11.7% over the year.
08/22/2017
Five reasons to invest in green bonds
Bram Bosm, green bonds portfolio manager at NN Investment Parnters, gives five reasons why green bonds matter.
08/21/2017
Asset managers ban investments in German carmakers
Three financial groups respond to investigation of alleged industry collusion
08/21/2017
Lark boosts profit ahead of Aston Scott merger
The company has continued to make good progress.
08/21/2017
UBS Asset Management acquires Quartermile 2 office in £28.5m deal
The Swiss group buys the 58,840 sq ft Grade A property in Edinburgh from Swiss fund AFIAA
08/17/2017
Maersk seeks role in trade finance as banks retreat
Maersk Line, the world's biggest container shipper, is venturing into trade finance, as it seeks to fill a lending gap left by indebted banks pulling out of the crisis-hit shipping industry. Moving into traditional bank territory and further down th
08/17/2017
Phoenix chief: exit fees 'only part of the picture'
Moss is also eager to improve the firm’s digital service for its customers and defended its exit fees for under 55s claiming there are reasons for them to be in place.
08/17/2017
VAM Funds partners with Novia Global and Old Mutual Int’l
The new offering to advisers comes with an annual management charge of 0.85% and follows both the recent launch of a D share class option.
08/17/2017
A Guide To Selling Irish Regulated Investment Funds In Asia
The Irish Stock Exchange is the leading stock exchange globally for the listing of investment funds.
08/17/2017
Davy AM plans second ethical fund following client demand
Postpones plans for second enhanced income product
08/16/2017
Prudential to offload broker-dealer network in US
The transaction has closed after receiving all necessary regulatory approvals and the transition is expected to be completed by the end of the first quarter of 2018.
08/16/2017
7IM hikes gold to record high to weather market risk
Exposure outweighs ‘Ireland, UAE and Czech Republic’
08/16/2017
DeVere’s Europe expansion continues with first Austria office
DeVere Group is to open its first office in Austria as part of its “ambitious expansion” across western Europe, which saw the company re-open its office in Madrid three years after shutting it down.
08/15/2017
Norway appoints commission to assess wealth fund's asset management strategy
The finance ministry holds the formal responsibility for the management of the fund
08/15/2017
Allfunds to open Nordics office
The announcement follows several agreements with regional domestic players.
08/15/2017
London stockbrokers eye Nigeria’s capital market
Nigeria is a great interest because it is such a large and expanding economy.