03/27/2014
Glasgow's fund management industry has suffered its death blow
SLI is promising long-term growth and jobs from the deal
Alternative Investments
03/27/2014
Jo Hambro Capital Management launches Japan Dividend Growth Fund
The fund is a large cap product, it has been launched in addition to the existing JOHCM Japan fund, which has a small- and mid-cap bias.
03/27/2014
UK investors stump up 58% more in fund fees than American counterparts, campaigners claim
Campaigners for more transparent investing charges have slammed the fund management industry for alleged 'cartel-like pricing' they say leads to UK savers paying 58 per cent more than their US counterparts.
03/27/2014
Amundi forges debt deal
French asset management houses Amundi Asset Management and Tikehau Investment Management have sealed a private debt management partnership aimed at retail and institutional investors.
03/27/2014
Frankfurt clinches renminbi trading hub role - sources
There is currently no clearing service for renminbi trading outside Asia.
03/27/2014
BNY Mellon Automates Calculation of Collateral Requirements in ETF Marketplace
BNY Mellon, a global leader in investment management and investment services, has automated the calculation of collateral requirements in the exchange-traded funds marketplace.
03/27/2014
UniCredit tests interest for Italy's first Additional Tier 1 bond
UniCredit will become the latest bank to issue a deeply subordinated issue later on Thursday as it seeks to bolster its balance sheet and meet new regulatory requirements.
03/27/2014
True Potential says new network is a ‘modern alternative’
True Potential has launched a new network, True Potential Associate Partners, which it described as a “modern way of working that’s based on the current True Potential Wealth Management business model”.
03/27/2014
Greece's Golden Visa's Attracting More Russian and Middle East Investors'
With the market bottoming out, a fall in land transaction tax and the ‘Golden Visa’ property-for-residency scheme, demand for prime property in Rhodes is rising.
03/26/2014
Hedgie swoops into London for glitzy awards
Hedge Fund guru Philippe Jabre had a triumphant time on Park Lane last night, putting his Mayfair trading days and regulatory woes far behind him to take three awards at the HedgePo Investors Choice Awards.
03/26/2014
Lighthouse reveals future plans amid mixed results
What we have got, we like, and it operates very effectively, even though we focus on growth in other parts of the business
03/26/2014
Venture Life joins AIM to fund ageing population product development
A business directed towards the developing of products for an ageing population has joined the AIM market of the London Stock Exchange.
03/26/2014
Aviva divests Turkish general insurance business to PE consortium
UK-based global life and general insurer Aviva has disposed of its Turkish general insurance business, Aviva Sigorta, to a private equity consortium led by EMF Capital Partners
03/26/2014
Aviva joins other AE providers in default review
Aviva is now reviewing its default fund options following yesterday’s comment that it was still working through the Budget changes.
03/26/2014
Standard Life unveils 291 discounted funds on platform
Standard Life has agreed discounted fund terms with 13 groups covering 291 funds, with an average saving of 14 basis points compared to the ongoing charges on previously available clean shares.
03/26/2014
Standard Life Investments to buy UK fund manager
Standard Life Investments has acquired UK-based fund manager Ignis from parent company Phoenix Group for £390 million.
03/25/2014
UK's largest hedge funds manage 82% of assets
This illustrates how important this $2.6 trillion industry is to the UK
03/24/2014
Legg Mason lists offshore range on Cofunds
Legg Mason brings four Ireland-domiciled funds onto Cofunds as it looks to expand its UK retail presence
03/24/2014
Gazprom shuts open-ended bond fund
GPB Asset Management, a subsidiary of Gazprombank, has announced that it will close its fixed income fund.
03/24/2014
Apsley joins forces with PartnerRe to tackle hedge fund AIFMD insurance requirements
The agreement, which has a long term potential, was signed between the parties at the end of 2013.