03/29/2016
Prudential to cap M&G fund manager pay after Woolnough bags £32m deal
Operating profit at M&G stood at £442m for the year, broadly flat in comparison to 2014’s figure.
Alternative Investments
03/28/2016
Sanlam Announces Major New Sponsorship Deal in the South West
As part of this arrangement Sanlam will assist in the promotion of the plight of the critically endangered western lowland gorilla and help generate support for Bristol Zoo’s associated conservation projects across West Africa, most notably in Camer
03/28/2016
BFA: Russia Counts on Chinese Money to Improve Its Infrastructure
Another project to be discussed is a next year's launch of Russian trade platform modelled after NASDAQ.
03/28/2016
Bitcoin Crushes Bank Fees in Emerging Economies
It is emerging market central banks that buy 80 percent of those bonds as foreign exchange reserves to gain market credibility.
03/24/2016
RL360° reviews funds for flagship product, Quantum
International life company, RL360°, has expanded its range by adding 28 core new fund links following its annual fund review of Quantum, its flagship regular savings product.
03/24/2016
Nomura to Reorganize Asia Holding Company Structure
Nomura Holdings has announced plans to wind up its wholly owned subsidiary Nomura Asia Holding N.V. based in the Netherlands
03/24/2016
Lone Pine-backed hedge fund to launch in London - sources
The U.S. hedge fund firm declined to comment and Li, who continues to work in its London office, did not respond immediately to requests for comment.
03/23/2016
Cofunds cuts another 30 roles
Legal & General-owned platform Cofunds has shed 30 employees hired ahead of the sunset clause on fund management legacy payments.
03/23/2016
Royal London unveils drawdown warning service
Royal London plans to launch an early warning service to help advisers assess their clients’ drawdown plans.
03/23/2016
Van Lanschot launches healthcare planning service
Should you build additional capital or earmark a proportion of your current assets for healthcare?
03/23/2016
Angel investing gets a shot in the arm
Today, 18,000 active angels invest an average of £47,000 each into early-stage UK businesses every year, according to the UK’s industry body for angels, the UKBAA.
03/23/2016
Generali looking to sell real estate assets
The paper said the transaction, dubbed "Stardust", would be completed before the end of the year
03/22/2016
Syndicate of HNW private investors raise funds to support the rapid development of on-line cycling specialist
Saddles up with Growth Capital from Investor Club
03/22/2016
LME deploys Shield repository to support Belt and Road initiative
This alliance focuses on the use of LMEshield in Belt and Road jurisdictions
03/22/2016
Funding Circle Gears Up For Fresh Investment
The firm said it looked to raise more than $200 million from the initiative.
03/21/2016
ECB’s bond buy plan promises pain for FICC trading
The ECB’s QE programme – which has already taken a significant chunk of the region’s government-debt market off the table – now promises to do the same to the corporate bond market too.
03/21/2016
Danske Bank Sells Headquarters for $212MN to Standard Life
The complex comprises a total of 14 buildings and the bank has earlier sold and leased back other buildings.
03/21/2016
China Post acquires Royal Bank of Scotland’s ETF business
The terms of the deal were not disclosed but the purchase was carried out by China Post Global, the group’s international fund arm, which was set up in Hong Kong last year.
03/21/2016
Dexion Capital Changes Its Name To Fidante
Fidante Partners provides access to high quality products across a variety of strategies.
03/21/2016
Cinven eyes struggling German life insurance market
Guaranteed returns are part of the investment culture in Germany, but many insurers have found that their promises have been overgenerous.