02/12/2014
Royal London posts record inflows in 2013
Asset management arm sees £3.9bn of new money in 2013 while Ascentric platform notes 43 per cent increase in assets.
Alternative Investments
02/12/2014
ING Posts 2013 Underlying net Profit of EUR 3,225 Million
NG Group full-year 2013 underlying net profit of EUR 3,255 million, up 22.2% from full-year 2012 2013 net result EUR 3,232 million, or EUR 0.85 per share, including divestments, special items and discontinued operations
02/12/2014
Gibraltar is key to easing AIFMD concerns, says Helvetic
With just five months until the deadline for complying with the Alternative Investment Fund Managers Directive (AIFMD), hedge fund administrators are reporting that up to a fifth of fund managers are still not prepared.
02/11/2014
French investment firm takes 40% stake in alts business
French asset management group La Française has signed a strategic partnership deal with alternatives multi-manager specialist TAGES Capital
02/11/2014
UK pension group hands HSBC frontier markets mandate
HSBC Global Asset Management has won a mandate to run a frontier markets equity strategy on behalf of the £1.4 billion Cornwall Pension Fund.
02/11/2014
iShares lists International ETF on Euronext Amsterdam
First ETF with an international security settlement structure in continental Europe
02/11/2014
Source targets slice of UK ETF market with sales hire
In his new position, He will be responsible for coverage of platforms, intermediaries and advisers.
02/11/2014
RBS Said to Hire Eastdil to Sell EU1 Billion of Irish Assets
Royal Bank of Scotland Group Plc hired real-estate investment bank Eastdil Secured LLC to advise on a possible sale of Irish assets,
02/11/2014
La Française and Tages Capital sign strategic partnership
La Française and Tages Capita have announced the agreement of a strategic partnership.
02/10/2014
Lux group converts FoF strategy into Asian equity fund
Banque de Luxembourg has converted its Asia-focused fund of funds strategy into a direct investment Asia equities fund
02/10/2014
Thes Big hedge Funds got Crushed In January
Most hedge funds that bet on broad macroeconomic trends lost money in January, hurt by reversing equity markets and wrong-way currency bets.
02/10/2014
Billionaire activist investor planning assault on UK
They have only declined twice, falling 7pc in value in 1998, and 3pc in the annus horribilis that was 2008.
02/10/2014
Innovative life insurance structuring is a very flexible tool in wealth management - Robert MacIntyre, Lombard’s Head of Wealth Structuring Solutions
“These wealthy people are looking to make a tax efficient gift to their loved ones, but with some strings attached.
02/10/2014
Deutsche Asset mulls offer of low-cost ETFs
Deutsche Asset & Wealth Management is creating a range of low-cost, direct replication db X-trackers ETFs, all of which will come with an all-in fee of 0.09% per annum.
02/10/2014
Volatility specialist launches discretionary business
The firm, which specialises in options trading, has received permission to run client money on a discretionary basis under what the FCA terms the 'Variation of Permissions'.
02/10/2014
Old Mutual 'multi-manager' bucks emerging market exodus
John Ventre, head of multi-manager at Old Mutual, has initiated a position in an emerging markets fund, despite widespread flight from the region.
02/10/2014
SEB Sells Singapore Office Asset for $228M; Pays $54M for Tokyo Office Building
SEB Asset Management, the real estate arm of SEB Group, has kicked off 2014 strongly with several notable transactions, especially in the Asia-Pacific commercial real estate market.
02/07/2014
Frankfurt-based Union Investment has launched a convertible bond fund
It will also be able to invest in high yield convertible bonds in order to diversify the portfolio and also to generate higher returns.
02/06/2014
BNY Mellon appointed by Aon Hewitt as fund administrator
he new mandate will also see BNY Mellon providing performance & risk analytics, securities lending and portfolio hedging to Aon Hewitt, which provides fiduciary management services to UK pension schemes.
02/05/2014
Gottex Launches Swedish Multi-asset UCITS Products
The fund is relatively unique in Sweden in that it is truly multi-asset by investing in nine different asset classes.”