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Xavier Niel buys Orange Switzerland for €2.3bn

Xavier Niel has acquired Orange Switzerland for SFr2.8bn in the latest sign of the French entrepreneur’s ambition to build a European telecoms empire.

Baring doubles fund director fees to reflect regulation

Baring Alpha Funds an umbrella type investment company owned by Baring Asset Management has doubled its directors' fees from €25,000 to €50,000 to reflect their greater regulatory responsibilities.

Macedonia seeks Saudi investment

Stressing the depth of trade relations between the two countries, Al-Zamil said the two parties should identify viable trade opportunities in the two countries.

Defined contribution workplace pensions: The audit of charges and benefits in legacy schemes

The IPB was asked to look at legacy schemes at risk of being exposed to charges over an equivalent of one percent annual management charge and to recommend what actions need to be taken by the new Independent Governance Committees and Trustees.

Cofunds confirms how it is supporting advisers in the run up to ‘Sunset’

It’s important end-investors understand how they’ll be affected by the transition to fee-based models and associated conversion to clean share classes.

Allianz To Co-Invest up to $1 Bil. in US Real Estate with Manulife

Manulife Contributing 80% of Two Core Office Properties as First Venture

French private pension shortfall risks growing - watchdog

The shortfall in France's system of private-sector supplementary pension provisions risks growing faster than forecast

Capital Platform establishes alternative investment proposition

Capital Platform International, has unveiled a new proposition to increase the ease and efficiency of investing in alternative products.

State Street cuts fees on two European ETFs

State Street Global Advisors cut fees on two European exchange traded funds on its SPDR range.

Northern Ireland property loans sold to US private equity fund Cerberus

Royal Bank of Scotland has sold loans related to Northern Ireland properties to the US private equity fund Cerberus.

Bond Investors Are Skittish Over Emerging Markets

They were the darlings of global investors.

The people’s platform: Axa Wealth

Questions over due diligence, client segmentation and charging, together with the recent pension rule changes, will force the platform industry to step up its game to better serve clients

Outgoing FCA executive apologises for insurance briefing debacle

An outgoing executive at Britain's financial watchdog apologised on Tuesday for his role in the botched announcement of a review into life insurance policies that sent shares in insurers tumbling in March.

Interdealer broker BGC Partners to buy RP Martin UK assets

U.S. interdealer broker BGC Partners has struck a deal to buy the UK assets of rival RP Martin

Daimler Financial Services launches Mercedes-Benz Finance’ in Abu Dhabi

Daimler Financial Services and Al Hilal Bank in collaboration with Emirates Motor Company (EMC) have begun offering Mercedes-Benz branded financial services under the brand name ‘Mercedes-Benz Finance’.

Qatar Fund Buys HSBC's London Headquarters

This is the fourth time the tower has changed hands in seven years.

Guy Hands eyes Infinis exit for Terra Firma

Private equity tycoon is rebuilding repuation for deals after EMI debacle

Towers Watson form Guernsey ICC to hedge pension longevity risk

The structure significantly reduces the cost of hedging longevity risk for pension schemes by removing the need for an intermediary insurer to write the transaction.

Songbird Bidders Get A Firm Acceptance

Third Avenue had previously issued a letter of intention to accept the bid.

Ex-UBS bankers to launch hedge fund in January

The fund aims to raise 100 million euros and generate 15 percent annual gains through investments in stocks, bonds and other securities, Constanty and Baetz told Reuters.

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