09/03/2013
Brown Advisory launches mutual funds in UK
The move means US expats who are UK tax residents are able to invest in Brown’s mutual funds
Alternative Investments
09/03/2013
Lux boutique launches US equity fund
Market risk for the fund is presented by its sole focus on the fortunes of the US equity market.
09/02/2013
Fidelity South East Asia Fund removed from the Wealth 150
The Fidelity South East Asia Fund has been removed from the Wealth 150 list of our favourite funds in each sector for new investment.
09/01/2013
DeAWM announces tie-up with Nomura Asset Management
The fund, which currently has €100 million in assets under management, was launched in 1999 and had previously been managed by Lilian Haang.
08/29/2013
LVMH-Backed L Capital Raises $950 Million for Asian PE Fund
A private-equity firm backed by some of the biggest names in luxury has raised $950 million for its second fund
08/29/2013
JP Morgan announces 17 further fund mergers after Euro review
The new mergers follow on from the liquidation of eight Sicav funds announced on July 23, and the August 2 news of the merger of four sub-funds into two newly named Sicavs, the JPMorgan Funds - Asia Pacific Strategic Equity Fund and the JPMorgan Funds - A
08/29/2013
JP Morgan announces 17 further fund mergers after Euro review
The new mergers follow on from the liquidation of eight Sicav funds announced on July 23, and the August 2 news of the merger of four sub-funds into two newly named Sicavs, the JPMorgan Funds - Asia Pacific Strategic Equity Fund and the JPMorgan Funds - A
08/28/2013
Alliance Trust Savings outlines platform expansion targets
ATS is engaged in active discussions with fund groups including Dimensional, Skandia, Russell, Frontier, Argonaut and Architas.
08/28/2013
IMA: Funds sales hit highest level since 2011
The Investment Management Association (IMA) today publishes its monthly authorised investment fund statistics for July 2013:
08/28/2013
Middle East Investors Drive European Real Esate Market
Capital from the Middle East is generally institutional in nature, with nearly half of the total coming from the region’s sovereign wealth funds.
08/28/2013
Italy's financial adviser networks post €1.3bn in July - Assoreti
Italian networks of financial advisers have posted lower inflows in July compared with the previous month
08/27/2013
Investec: Shop Around for Bond Alternatives
Investec Bank’s Harris Gorre says bond investors should shop around like mortgage buyers as the end of QE looms.
08/27/2013
IFG Group sees pre-tax profits rise 13% in first half of year
IFG Group has reported a pre-tax profit of £2.56 million for the first six months of the year, a 13% increase on the same period of 2012.
08/26/2013
Zurich insurance’s finance chief found dead
The Swiss insurer said that police were investigating the circumstances of Wauthier’s death
08/26/2013
PAIFs the Way for Standard Life Investment​
“In an environment of low growth and low yields, this is a particularly relevant time to provide long-term investors with the opportunity to access a more tax-efficient, diversified source of income through investment in real estate.”
08/24/2013
Angels spread wings
The fund manager once known as the City’s “superwoman” has struck a deal to create a super-sized business angel network.
08/21/2013
Lloyds takes £330m loss on German insurer sale
Lloyds has made a loss of more than £300m on the sale of its German insurance business after selling the unit for less than half the amount the lender had hoped to get for its just two years ago.
08/21/2013
Blackstone to sell London office stake to GIC - report
Blackstone bought the stake with 77 million pounds of equity in 2009 from British Land
08/21/2013
Ignis reveals new funds as inflows hit £0.9bn
Ignis Asset Management revealed two new funds set to be launched later this year as it announced inflows of £0.9bn into its funds in the first half of 2013.
08/20/2013
AFH Financial raises £2.8m to fund acquisition strategy
Since AFH's June 2011 flotation the company has completed 14 acquisitions and adviser numbers have grown from 53 to 120. The company paid a maiden dividend in May 2013 and remains debt free.