11/25/2013
Immofinanz Plans No Capital Hike For German Property Deal
Austrian real-estate company Immofinanz will not carry out a capital increase to finance its planned acquisition of a large German property portfolio
Alternative Investments
11/24/2013
Anthony Hilton: Private banks have lots to shout about, but they’re far too private for that
Private banking has a bit of a bad name. People used to think it was something secretive and probably Swiss – and only for the seriously wealthy.
11/24/2013
Record quarter for asset based finance sales - new ABFA figures
Total sales from businesses supported by asset based finance broke £71 bn for Q3, the strongest ever quarterly performance.
11/24/2013
Guardian Capital Group acquires boutique emerging market equity firm in London
The transaction is subject to customary conditions, including applicable regulatory approvals, and is expected to close in first quarter, 2014.
11/24/2013
Seven UK fund giants join forces to shed light on end investor
Seven of the UK’s largest asset managers are teaming up to gather information on end investors’ needs in a move which could trigger changes to their fund ranges.
11/24/2013
Spain's 'bad bank' sells loan bundle to Bank of America - sources
The U.S. bank bought two loans to troubled property company Metrovacesa.
11/21/2013
Generali continues to focus on capital strengthening-spokesman
The Italian government launched on Thursday a privatisation plan with which it aims to raise 10 to 12 billion euros.
11/20/2013
Norway Wealth Fund Joins Axa Unit to Purchase Munich’s SZ Tower
The manager of Norway’s sovereign-wealth fund, the world’s largest, and a unit of Axa Real Estate Investment Managers plan to buy Munich’s SZ Tower.
11/20/2013
Bitcoin Accepted for Tuition Payments
The University of Nicosia said on Thursday it became the first accredited university in the world to accept the digital currency Bitcoin for tuition and other fees.
11/19/2013
Standard Life Investments UK Property PAIF Joins Transact Platform
The Transact platform is one of the few which has the functionality to support the PAIF structure which enables tax exempt investors to receive income from the fund gross of the 20% corporation tax previously applied to income.
11/19/2013
Morningstar OBSR Global Fund Ratings
The fund previously held a Silver Rating. Mr French founded the investment philosophy on which the fund was based and he had managed the fund since its inception in 2000.
11/19/2013
JOHCM Plans US Launches For Next Leg of Business Expansion
Chief executive Gavin Rochussen said JOHCM is planning to add at least two new US teams over time.
11/19/2013
Petercam registers Luxembourg Sicavs in Italy
The funds have been available also for private clients since 19 November 2013.
11/18/2013
Mini-bonds: Security over assets proves a winner with Energy Bonds investors
“Energy Bonds represent an excellent opportunity to make a socially responsible investment in new green energy projects, and to build a greener, cleaner future - for all of us.”
11/18/2013
IFG reports ‘steady’ performance
Financial services group IFG said its Irish business is delivering “steady performance” despite difficult trading conditions, with the corporate pensions division achieving good growth.
11/18/2013
IMA Warns Bond Managers Over Non-Core Allocations
According to sources, the trade body has told managers who hold over 20% in cash and certain other securities they risk ejection from the sector.
11/18/2013
Schroder Real Estate Investment Trust NAV Rises, Dividend Cut
Schroder Real Estate Investment Trust Limited Tuesday reported a slight increase in net asset value per share over the course of the half year
11/18/2013
Woodford's income funds see £500m more outflows in October
Investors in Invesco Perpetual's flagship income funds withdrew over £500 million in the weeks that followed the announcement that star manager Neil Woodford is to depart.
11/17/2013
Aberdeen buys Scottish Widows from Lloyds for $1 billion
As part of the transaction, the Group will enter into a long-term strategic asset management relationship, whereby Aberdeen will manage assets on behalf of the Group.
11/17/2013
France Smart Beta manager Ossiam To Double Aum This Year
Paris-based Ossiam has crossed the €1 billion thresh-hold in assets under management with three-quarters of that in smart beta exchange-traded funds.