09/15/2014
“There seems to be no end to hedge fund start-ups,” says Simon Monson. “And those who have been stuck at the $20 million assets under management (AuM) level for many years appear now to be on the move.”
09/14/2014
Poland's mBank, is selling its insurance arm to French group AXA in a deal worth 135 million euros ($175 million), the companies said on Friday, as the Polish lender moves to focus on its core banking business.
09/12/2014
The BNP Paribas L1 Equity World Quality Focus fund, which is Luxembourg-domiciled, was launched on 5 September.
09/10/2014
Matt Schofield, head of Zurich Private Clients, told Post the reason for introducing this new product came from a realisation of the need to cater for different types of HNW individuals.
09/09/2014
BNP Paribas Securities Services says it has handled the securities mechanisms of the eDreams ODIGEO initial public offering (IPO) on the Madrid, Barcelona, Bilbao and Valencia stock markets back in April this year.
09/09/2014
The firm is also a first-mover in efforts to lower the barriers of entry to the asset class. In May, it launched a feeder fund to give wealthy individuals access to its investments without the need to write institutional-size checks.
09/09/2014
The IMA said most UK asset management activity was concentrated on London, but 11 percent, or nearly 560 billion pounds in total assets, were managed in Scotland.
09/09/2014
The sale of Kensington, which follows that of Investec's struggling Australian professional finance and leasing arm in April, does not include the Irish operations