11/17/2013
Hedgie takes major stake in WH Ireland turnaround
Gate bought almost 1.3 million shares in the business, worth nearly £900,000.
Alternative Investments
11/16/2013
Vienna Insurance Group extends presence in Poland
It is agreed not to disclose the purchase price
11/16/2013
Credit Suisse Sets Up New Fixed-Income Group After Bond Job Cuts
Bradbery confirmed nearly all the affected staff have already been informed about these redundancies
11/15/2013
Hedge funds in emerging Asia, Middle East, Russia lead Q3 gains
Emerging Markets hedge funds extended year-to-date (YTD) performance gains in the third quarter as local equity and currency markets posted a strong recovery on a continuation of the US Federal Reserve stimulus measures, according to the latest HFR Emergi
11/15/2013
Irish Davy Group acquires Prescient for EUR2 billion
Investment firm Prescient Ireland, which was formerly AIB Investment Managers, has around EUR2 billion assets under management. AIB was sold to South African-listed financial group Prescient last year for EUR6.5 million.
11/14/2013
Old Mutual Sells Polish Unit
Old Mutual, Africa’s biggest insurance firm, on Tuesday said it had agreed to sell Skandia Poland to Vienna Insurance Group for an undisclosed sum.
11/14/2013
DC Advisory Set to Spin Out Spanish Business
The business formerly known as Atlas Capital, which was acquired by Close Brothers in 2008 and became a part of DC Advisory in 2009, is set to spin out by year end
11/13/2013
DeAWM, Harvest Global to launch first RQFII product in Europe
Less than two weeks after the unveiling of the first RQFII product in the US, Deutsche Asset & Wealth Management and Harvest Global Investments are preparing for a similar launch in Europe.
11/12/2013
Invesco Set to Bring on Fresh Legs
Unless you have spent the last month in a black hole you would not have failed to miss what was described by one commentator as the biggest news “ever” to grace the asset management industry
11/12/2013
Henderson wins Group of Year at InvestmentEurope Awards
Henderson Global Investors has won the Group of the Year category at the InvestmentEurope Fund Manager of the Year Awards, with Polar Capital taking Specialist Group of the Year.
11/12/2013
London Stock Exchange Profits Hit By LCH.Clearnet Acquisition Costs
London Stock Exchange Group PLC Wednesday said it has seen a fall in its half-year pretax profits, despite a 44% increase in revenue,
11/12/2013
Bolton Returns Three Times Benchmark With China Investment Trust
In net asset value terms, Bolton's trust gained 36.8 per cent over the year to September
11/11/2013
Hiring Discussions Pick up as SAC Prepares to Close London Office
SAC Capital Advisors' portfolio managers and analysts in London have held discussions with rival hedge funds including Moore Capital Management about moving to those firms as SAC prepares to close its office here,
11/11/2013
World’s Biggest Wealth Fund Told Return Target Raising Risk
Norway’s $800 billion oil fund is under pressure to show it can handle the risks associated with emerging markets as the world’s biggest sovereign wealth investor looks for ways to boost returns.
11/11/2013
Standard Sees Successful Firms Moving Towards Fixed Fees
Leading financial planning firms are beginning to move away from percentage charges and instead charge fixed fees
11/10/2013
Artemis & Henderson surge up the fund sales table
Net retail sales at Artemis, where equity funds account for 70% of its business, jumped from £366 million in the second quarter to £498.5 million, which the report attributed to flows into the Adrian
11/10/2013
F&C Investments Expands Popular Lifestyle Fund Range
It will be the lowest risk profile fund in the range. The retail fund is planned to launch at the end of 2013, subject to regulatory approval.
11/09/2013
London Property Not Best Investment for Hong Kong Monetary Authority
London has proven to be a strong, liquid real estate market with robust demand for grade A office and retail assets over different market cycles.
11/06/2013
Crédit Agricole Group Posts Q3 Profit
Crédit Agricole Group reported that its third-quarter of 2013 net income Group share was 1.433 billion euros, compared to a loss of 2.206 billion euros in the same quarter last year.
11/06/2013
Aviva new business boosted by France, emerging markets
Insurer Aviva PLC said new business rose 14 percent across the group in the first nine months of 2013, buoyed by its core UK life operation and double digit growth in France and emerging markets.