03/24/2013
Close Brothers Asset Finance named UK’s Best Business Motor Finance Provider
At the heart of our success is our team of specialists
Alternative Investments
03/24/2013
technology vortex Ruffer, Capita and Calastone launch notification service
Ruffer, with full support of Capita Financial Group in its role as administrator, has partnered with Calastone to launch the new automated trade notification service
03/21/2013
Capita to become primary servicer to NAMA in Ireland
Capita has been acting as master servicer since 2010 and will also continue in this role in addition to the new responsibilities.
03/21/2013
Lyxor to launch Ucits version of CTA giant’s fund
Asset management firm announces partnership plans which will see development of new trading strategy.
03/21/2013
Milan Bourse Launches New Bond Trading Platform, Cerved to Debut
The platform should make it easier for companies to tap capital markets
03/21/2013
Carmignac continues UK push with Elevate listing
Today's announcement is an important step in Carmignac's expansion in the UK market
03/21/2013
Cordea Savills acquires three assets for its European Retail Fund
The Cordea Savills European Retail Fund, which launched in late 2012, has acquired its first three assets in Paris, Glasgow and Berlin for c. EUR 50 million.
03/21/2013
Ignis reports fall in profits and AUM amid restructure
The group reported an operating profits of £43m in 2012 compared to £46m in 2011
03/20/2013
Sumitomo Mitsui expanding in fund administration
After completing the purchase in November, SMTB has taken over all Daiwa's clients, operations and around 200 employees and has high hopes for the new business, says Joost Lobler, head of sales for Asia ex-Japan.
03/20/2013
Societe Generale SS in Luxembourg develops its services offering for alternative funds
Institutional investors or other professionals who manage these funds, such as family offices or wealth managers, now have a single point of entry to SGSS’ entire range of accounting, trustee, fund domiciliation, fund administration, transfer agent
03/19/2013
Royal London acquires Co-op life insurance and asset management arms
Royal London says the acquisition will benefit Royal London and CIS with-profits policyholders
03/19/2013
Hargreaves Lansdown cuts Buxton fund from Wealth 150
As there will be no immediate changes to the fund we continue to believe existing investors need take no further action at present."
03/19/2013
Shore Capital Group preliminary results December 2012
Financial Highlights and Operational Highlights
03/19/2013
Gottex acquires multi-asset boutique
Gottex believes the acquisition provides compelling strategic benefits, including establishing one of the leading alternatives oriented multi-asset investment teams as well as complementing Gottex’s traditional fund of hedge funds business with a di
03/19/2013
F&C duo swap Aberdeen fund for JPMorgan offering
“Given we are bullish about this year and next we felt we should make the switch as it matches our slightly more risk-on mood.”
03/19/2013
BNY Mellon appointed by SEB for funds administration
BNY Mellon has been appointed by SEB Investment Management AB to provide fund administration services for over 150 funds valued at EUR40 billion.
03/18/2013
JP Morgan unveils five-strong fund of funds range
'Over the last five years the fund-of-funds sector has seen a remarkable growth in funds under management.'
03/18/2013
Hedge Fund Pioneer Edgar De Picciotto Is A Billionaire
Forbes estimates his net worth at nearly $2 billion.
03/18/2013
Cyprus Tax Prompts Funds to Cut Ties to Russian RenCap, Alfa
Finance ministers in the euro area reached an agreement on March 16 that will impose a tax on depositors in Cypriot banks.
03/18/2013
Lyxor launches UCITS fund that replicates Winton Capital’s Diversified Program
Investors in the Fund will also benefit from the weekly liquidity and independent risk management provided by Lyxor.