09/15/2014
Thousands lose pensions in firms' 'Fawlty Towers' bungles
Firms have lost "whole box loads of paperwork" recording pension contributions and entitlements, meaning thousands could be deprived of their retirement income
Alternative Investments
09/15/2014
Millionaire property moguls buy British arm of Sotheby's estate agency
The British arm of Sotheby’s estate agency has been bought by millionaire property moguls who plan to expand the business and cash in on London’s cachet as a home for the super rich.
09/15/2014
Three star managers who have gone it alone
Some of the UK’s highest profile and best-performing managers have left big-name firms and set up on their own.
09/15/2014
Search for liquidity leads investors to consider alternative sources
Yield-hungry investors are increasingly looking to alternative sources of income and one niche area of the exchange-traded fund industry has attracted considerable attention this year.
09/15/2014
Fledgling fund house reveals fund launch plans
Mr Bowie joined TwentyFour at the start of September, having left Ignis Asset Management after the firm was bought by Standard Life Investments.
09/15/2014
Billionaire hedge-fund manager plans $2 billion IPO
We expect that the public listing of PSH will substantially enhance the stability of our capital base
09/15/2014
Asian investors sought for Russian bonds
Western markets are closed for the time being to state-owned banks, Gazprombank, Rosneft, and the largest private natural gas company Novatek.
09/15/2014
Capitalising on the surge in hedge fund start-ups
“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 sells insurance arm to AXA in $175 mln deal
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.
09/14/2014
Russia's biggest bank considering listing on SGX
Singapore's Lacklustre Stock Market Could Get A Shot Of Adrenaline If Plans By The Huge Russian Lender Sberbank To List Here Come To Fruition.
09/12/2014
The Ongoing Price War In The European ETF Market Is Bad News For Deutsche Bank
Over the last few quarters, asset manager Vanguard has seen strong growth in its funds by cutting fees for a number of its exchange-traded fund offerings.
09/12/2014
night Frank, Douglas Elliman Join Forces And Target The Wealthy
wo Powerhouse Names In Real Estate Form Largest International Network For Prime and Super-Prime Properties, Release First Co-branded Wealth Report Supplement
09/12/2014
Banks and fund managers prepare assault on UK platform market
Money Marketing understands a number of banks and even fund managers are exploring options to build on their ability to deal direct with investors.
09/12/2014
BNP Paribas merges global equity fund into new strategy
The BNP Paribas L1 Equity World Quality Focus fund, which is Luxembourg-domiciled, was launched on 5 September.
09/12/2014
Fund managers take home gold at annual Sauren awards
Another US-based manager who travelled to Frankfurt especially for the awards ceremony was Eagle Asset Management's Ed Cowart
09/11/2014
Hedge fund boss gives £5 million to build new museum maths gallery
A hedge fund manager who built his business on mathematical reasoning has given the Science Museum an unprecedented £5 million towards building a new maths gallery.
09/11/2014
BNY Mellon backs London to lead European race for offshore RMB
The impact the continued internationalisation of the RMB will have on the global monetary landscape cannot be overstated
09/11/2014
Barnett Waddingham acquires Chase de Vere Sipp and SSAS arm
The firm’s SSAS portfolio now sits at 2,500 schemes with around £4bn assets.
09/11/2014
Skandia pledges to keep Invesco funds open
Mr Feeney said Skandia “had listened to financial advisers” who had told Skandia they wanted to remain invested in the Invesco Perpetual funds and asked that the funds remain open.
09/11/2014
ICE to buy stake in Holland Clearing House
Intercontinental Exchange to acquire majority stake in Holland Clearing House. ABN Amro Clearing to retain minority interest.