11/04/2013

Ashmore hails birth of new fixed income star

The $5.8trn market for local currency corporate bonds has of course been around for a considerable time but Dehn points out it was only last week that Bank of America Merrill Lynch formally launched the world’s first index for this asset class.

11/04/2013

Hargreave Hale to raise £20 million for VCTs

The group says up to 75% of the net proceeds of funds raised may be invested into the Marlborough Special Situations fund pending investment into qualifying companies.

11/03/2013

iShares sees increase in wrap platfroms' assets

iShares' ETFs are available on a total of 27 platforms and this data reflects assets held on nine of the major platforms: 7IM, Ascentric, AXA Wealth Elevate, Fidelity FundsNetwork, Novia, Nucleus, Raymond James, Standard Life and Transact.

10/30/2013

Standard Life Misses Targets As staff Leave

Insurance giant Standard Life yesterday announced lower-than-expected new business sales, which analysts pinned on the departure of key staff members over the summer.

10/28/2013

UBS lists ETFs on five leading fund platforms

The Switzerland-headquartered investments giant is also understood to be in dialogue with additional platforms in a bid to further enhance its position among the UK IFA community following the implementation of the Retail Distribution Review.

10/27/2013

RBS pension doubles alternatives portfolio

The £26 billion RBS pension fund has switched more than £500 million from equities to alternative assets to spread risk as the government’s banking reform plans mean bank pension funds face an uncertain future.