04/27/2016
Aviva switches to FNZ for adviser platform
Aviva advised platform chief executive Tim Orton says: “We’ve got the majority of our business on FNZ already and it was the optimal choice to use that architecture going forward.
Alternative Investments
04/27/2016
European Union Pushes Away Bitcoin Regulation for Now
The European Union is not in a hurry to implement Bitcoin regulations as they are not sure about the potential of bitcoin and its underlying technology.
04/27/2016
ThinCats breaks record for largest non-property P2P loan with £3.5m auction for LAMP Group
ESF Capital will underwrite the deal, while Capital Engine act as sponsor
04/27/2016
Centrepoint’s managed account service hits $100 million FUM
It also leverages the global research capability of some of the world’s leading investment managers to build investment strategies that provide choice of investment styles
04/26/2016
Norway Boosts Withdrawals From World's Biggest Wealth Fund
The government withdrew 7.4 billion kroner ($898 million), according to monthly data published by Norwegian Government Agency for Financial Management.
04/26/2016
UK insurer Phoenix poised to buy Axa's Sun Life
UK insurer Phoenix Group is close to securing a £500m ($717m, €634m) buyout of smaller rival Sun Life from French insurance giant Axa, The Financial Times has reported.
04/26/2016
Signs of Recovery Emerging Europe's investors signal turnaround in emerging market fund flows
Acknowledging that pundits have been calling the bottom in EM for some time, Cerulli Associates, a global analytics firm, says data from EPFR Global for the first few weeks of March suggest a real turnaround.
04/26/2016
‘Vultures are circling’ as Standard Life eyes Elevate deal
Experts say a merger – which would see the combined platform ranked third for assets under administration – will be extremely costly for Standard
04/26/2016
Sterling reaches 10-week high as funds trim Brexit bets
The cost of hedging against swings in sterling reached six-year highs as options contracts moved to capture the result of the referendum on June 23.
04/26/2016
$5B Hedge Fund Aurora to Liquidate
The Chicago-based hedge fund manager said it would return capital to investors after an acquisition deal fell through last week.
04/26/2016
Life offices say offshore bonds to benefit from HMRC reforms
Speaking to International Adviser, Jones said the changes may impact British expats holding offshore bonds if they choose to come back to the UK.
04/25/2016
St. James's Place launches innovative intergenerational mortgages with Metro Bank
St. James’s Place is working with Metro Bank to launch further products in 2016.
04/25/2016
City News: Hedge fund returns, Austin Reed
UK hedge fund returns fell by nearly 2 per cent for the first three months of the year as volatile commodity and oil prices took their toll.
04/25/2016
Quilter Cheviot Announces Dubai Office Launch
The Dubai representative office, which will mark its official launch with an event on 25 April, will be overseen by the company’s Head of International, Tim Childe, who is also Head of the Jersey office.
04/25/2016
Charles Stanley to close several London offices
The ongoing net occupancy costs for the group’s London offices are expected to increase by around £1m per year from 2018.
04/25/2016
Aviva pays £839m in protection claims during 2015
A further £303m was paid out to customers with critical illnesses and more than £35m went to customers with income protection policies to help meet their living costs when they have been unable to work.
04/25/2016
Comgest takes 26 awards in 2016 Thomson Reuters Lipper Fund Awards
The Comgest Growth Asia strategy won five awards whilst the Comgest Growth Japan strategy received an impressive 13 awards.
04/22/2016
Hargreaves Lansdown nets 7,000 Legg Mason ISA clients
Any eligible client which has not been transferred to Hargreaves Lansdown by 15 June 2016, or voluntarily redeemed as at 12pm on 30 June 2016, will be included in a bulk transfer to Hargreaves Lansdown.
04/22/2016
Fortunes of one-stop shops linked to client cost
A big move in January saw pension and platform business AJ Bell snap up three investment firms to exert influence in asset management.
04/22/2016
Barak sets up London office, eyes PE division
de Hennin went on to join Bunge Global Agribusiness in 2011, where he was accountable for investor relations, fundraising, strategy and product development for Bunge Asset Management.