07/10/2014
Aviva Eyes Cost Cuts, Asset Management to Boost Profit
Aviva Plc Chief Executive Officer Mark Wilson pledged to continue cost cuts and attract funds to its investment unit in an effort to boost earnings
Alternative Investments
07/10/2014
Polar Capital, Impax Asset Management Increase Assets Over Quarter
Impax Asset Management Group said Thursday that assets under discretionary and advisory management in the quarter ended June 30 reached GBP2.76 billion.
07/10/2014
Impax buys out property business
The announcement follows the sale of the third of four UK buildings held by the fund, which raised £69 million to investment in and retrofit property in 2008.
07/10/2014
UBS Fund Services covers all bases under AIFMD
It’s fair to say that under AIFMD UBS Fund Services has got all bases covered. Not only has the firm developed a depositary solution to support both EU-based and non-EU based funds under Article 21 and Article 36 of the directive,
07/10/2014
Aviva eyes exec-only platform launch in 2015
Aviva is set to launch an execution-only platform in 2015 in a bid to tackle the advice gap in part created by the retail distribution review.
07/10/2014
SGSS in Luxembourg mandated by Swiss life Asset Managers for a new real estate fund
SGSS was selected for its recognised expertise and competitive offering for alternative investment funds and its capacity to provide simplified access to the local market as well as to multiple markets abroad through its top-quality distribution platform.
07/10/2014
Netagio launches British bitcoin, gold and sterling exchange
Netagio's Bitcoin, gold and sterling exchange is designed for retail customers and institutional investors with an appetite for opportunity.
07/10/2014
Fund Managers Don’t See Return of the Euro Crisis
Large money managers don’t expect the worries over one of Portugal’s largest lenders to have a lasting impact on global financial markets depite a rout in Europe’s markets Thursday.
07/09/2014
Hewitt backs Barnett to deliver at helm of Edinburgh
F&C’s Peter Hewitt, a man whose job it is to pick good investment trust managers, is backing Mark Barnett to pick up where predecessor Neil Woodford left off at Edinburgh.
07/09/2014
UK's public pension scheme commits to emerging markets
The UK's government-backed pension scheme, the National Employment Savings Trust, has hired fund managers HSBC and Northern Trust to manage its first dedicated investment funds in emerging markets.
07/09/2014
Skandia sees spike in pension transfer interest post-Budget
Despite the increased demand in the service, Walker added only up to 10% of transfer analysis requests were being realised as actual transfers.
07/09/2014
Aviva CEO Eyes Cost Cuts, Asset Management to Boost Profit
Wilson has changed at least half of his senior managers including hiring Euan Munro from Standard Life Investments
07/09/2014
Barnett's Keystone trust cuts management fee
This new management fee, brought into effect at the start of July, replaced the previous AMC of 0.8 per cent
07/09/2014
Nest picks HSBC and Northern Trust funds
The latest two funds selected represent the eighth and ninth underlying building blocks used in Nest’s suite of default funds.
07/09/2014
Cheers! Hawksmoor launches own beer brand
This was not Briarbank's typical request.
07/09/2014
Bank of China's Paris debut promotes offshore renminbi hubs
Bank of China, Paris branch, made its debut in the offshore renminbi market last night with a Rmb2bn (US$328m) bond that will be listed in Paris and Frankfurt.
07/08/2014
L&G register SICAV funds for German distribution
The funds received their German registration on 3 July 2014.
07/08/2014
France Latest Country Seeking Alternative to Almighty Dollar
Smarting from a record fine on its largest bank, France wants the dollar dislodged as the global default currency.
07/08/2014
Ipes authorised by the FCA as Private Equity AIF Depositary
Ipes is pleased to announce they have received FCA authorisation to act as Private Equity AIF Depositary under the Alternative Investment Fund Managers Directive
07/08/2014
The boutique bond firm chasing down M&G, Fidelity and Jupiter
TwentyFour Asset Management is very popular with multi-managers, but is an unknown quantity for the majority of financial advisers and private investors.