03/10/2014
The government’s proposal to cap pension fund fees at 0.75% of savings risks future litigation, the head of defined contribution at JP Morgan Asset Management warned at the National Association of Pension Funds’ conference last week.
03/10/2014
Investors Capital Trust PLC Monday said it has agreed a reduction in the base management fee payable to F&C Investment Business Ltd, under the investment management agreement, and the removal of the performance fee.
03/10/2014
Competition for investors' money has stepped up a gear with the launch of Britain's latest "fund supermarket".
03/07/2014
Malaysian conglomerate buys into London property firm
After taking over British luxury car dealer HR Own Plc, the local arm of Malaysian conglomerate Berjaya Group beefed up its investments in London with the acquisition of a stake in a real estate company.
03/07/2014
BlackRock’s head of Asian fundamental equities has assumed control of the group’s Pacific Equity fund following the departure of Rob Weatherston, it has emerged.
03/06/2014
Spain's benchmark stock index gained 27pc in the past year amid signs that the economy is recovering from two recessions.
03/06/2014
The service allows BNP Paribas to deliver customised reports on cash account balances globally, using its existing ‘NeoLink’ web portal for clients.
03/06/2014
Among its 55 buildings are the Coutts HQ on the Strand and a Grade II-listed, five-storey office in Mayfair occupied by NatWest
03/06/2014
A requirement that managers of UCITS funds take at least 50% of their bonuses in the funds they oversee has created uncertainty in Europe’s asset management industry, though some say the matter has been overblown.
03/06/2014
The insurer, which today reported full-year results, said it found evidence last year of “improper allocation of trades” in fixed income by Aviva Investors from 2006 to 2012.
03/05/2014
Goldman Sachs Asset Management has announced that 47 of its Luxembourg domiciled Sicav Ucits are now within UK Investment Management Association sectors.
03/05/2014
Legal & General has posted a 10 per cent increase in pre-tax profit for 2013 from £1.03bn to £1.13bn, driven by £17bn net inflows across its investment arm and the Cofunds platform.
03/05/2014
The deal closes a chapter in Jupiter's history, with the exit of a shareholder that first bought in during 2007 to back a management buyout from former owner Commerzbank.
03/05/2014
The chairman of the Ballie Gifford-managed trust, said the decision to reduce the AMC to 0.3 per cent from 0.32 per cent from 1 April 2014 should improve long term returns for investors.
03/04/2014
What does Woodford’s new venture mean for UK fund management?
As Neil Woodford’s new venture readies an income fund launch for May, industry insiders anticipate that the star manager could attract billions of pounds within months as rival managers lose out.
03/04/2014
Invesco launches mixed asset fund for ex-GARS trio
Development of the Luxembourg-domiciled fund is designed to capitalise on increased interest for risk parity funds among clients, Invesco said.
03/03/2014
Direct investors pay more for funds
Millions of savers who have put money directly into investment funds as opposed to through a broker are being denied price cuts given to other investors.
03/03/2014
It will operate as a real estate investment trust, or REIT - listed vehicles that typically invest in income-producing assets, such as rental properties.
03/03/2014
Could the traditionally open UK fund market be heading towards European-style concentration?
03/03/2014
“As an EU and Eurozone member, Malta offers a regulatory framework that is fully harmonised with EU and OECD rules, yet a sophisticated and flexible domicile for the financial services industry,” he said.