02/14/2014
Aegon has confirmed today that its retirement platforms Arc and One Retirement have fully switched to clean share classes for new business in line with FCA rules banning cash rebates that come into force in April.
02/14/2014
The Fund underscores Newton’s commitment to the UK charities sector, in which it has managed client assets for over 25 years and is one of the largest charity investment managers, as judged by Charity Finance**.
02/13/2014
Deutsche Börse takes stake in UK fixed-income platform
Deutsche Börse has invested in a fledgling UK-based fixed-income trading platform, which is aiming to capitalise on tighter regulatory capital rules forcing major dealers to retrench from the bond market.
02/13/2014
IMA to open consultation on cost transparency
The Investment Management Association is preparing to produce a feedback statement after a lengthy consultation on ways to promote transparency in costs, Daniel Godfrey has said.
02/13/2014
Standard Life, L&G stand by hospitality for advisers
The 18-page finalised guidance from the regulator, published last month, questioned whether firms that offer services such as IT or consultancy assistance could be creating commission bias.
02/13/2014
Schroders has redomiciled five Cayman Islands-listed funds into its Luxembourg range and merged three of the products as part of the integration of Cazenove Capital Management.
02/12/2014
Paris-based investment firm La Francaise and Anglo-Italian hedge fund manager TAGES Capital are combining assets to form a European fund of hedge funds joint venture.
02/12/2014
The new vehicle will invest in office, retail, operator properties and special-use assets in north Germany with a focus on Hamburg.
02/12/2014
Asset management arm sees £3.9bn of new money in 2013 while Ascentric platform notes 43 per cent increase in assets.
02/12/2014
NG Group full-year 2013 underlying net profit of EUR 3,255 million, up 22.2% from full-year 2012 2013 net result EUR 3,232 million, or EUR 0.85 per share, including divestments, special items and discontinued operations
02/12/2014
With just five months until the deadline for complying with the Alternative Investment Fund Managers Directive (AIFMD), hedge fund administrators are reporting that up to a fifth of fund managers are still not prepared.
02/11/2014
French asset management group La Française has signed a strategic partnership deal with alternatives multi-manager specialist TAGES Capital
02/11/2014
HSBC Global Asset Management has won a mandate to run a frontier markets equity strategy on behalf of the £1.4 billion Cornwall Pension Fund.
02/11/2014
First ETF with an international security settlement structure in continental Europe
02/11/2014
In his new position, He will be responsible for coverage of platforms, intermediaries and advisers.
02/11/2014
Royal Bank of Scotland Group Plc hired real-estate investment bank Eastdil Secured LLC to advise on a possible sale of Irish assets,
02/11/2014
La Française and Tages Capita have announced the agreement of a strategic partnership.
02/10/2014
Banque de Luxembourg has converted its Asia-focused fund of funds strategy into a direct investment Asia equities fund
02/10/2014
Most hedge funds that bet on broad macroeconomic trends lost money in January, hurt by reversing equity markets and wrong-way currency bets.
02/10/2014
Billionaire activist investor planning assault on UK
They have only declined twice, falling 7pc in value in 1998, and 3pc in the annus horribilis that was 2008.