03/11/2013
Credit Agricole to pay 70 mln euros to unload Cheuvreux
Credit Agricole pays 100 mln euros for job cut costs.
Alternative Investments
03/11/2013
KBC completes the sale of its remaining 22% stake in NLB
This transaction gave rise to a negative impact on KBC’s earnings of EUR -0.1 billion which was already reflected in KBC’s 4Q2012 results, whilst the impact on KBC’s capital is negligible.
03/11/2013
Lazard reopens emerging markets fund
Lazard has reopened its £490.7m Emerging Markets fund
03/10/2013
Sovereign wealth suitors woo Sarkozy
"The Qataris are taking an option on the next president of France."
03/10/2013
Baillie Gifford's Stewart heads list of Scotland's top fund managers
Torcail Stewart of Baillie Gifford has topped The Herald's list of top performing fund managers
03/10/2013
BNP Paribas goes live on Euroclear global Collateral Highway
BNP Paribas and Euroclear Bank entered into a collaboration agreement in 2012
03/10/2013
Aberdeen launches strategic bond fund for global credit team
The fund is able to adjust its asset allocation across both corporate and government bonds
03/08/2013
Skandia: Only half of advisers predict positive impact for RDR
Some 41.5 per cent of respondents see the RDR as bringing beneficial impacts to the industry
03/08/2013
BLME completes £12m Kensington deal
The facility will form part of BMLE’s current provision of over £240 million of property financing across the UK
03/08/2013
Threadneedle swaps BNY Mellon for IFDS after service review
Threadneedle Investments has replaced BNY Mellon with IFDS Group as its transfer agent.
03/08/2013
Cofunds: Global Equity Income overtakes Strat Bond sales
Sales of funds in the IMA Global Equity Income sector have overtaken those in IMA £ Strategic Bond on the Cofunds platform to become the second most popular sector in February.
03/07/2013
Credit Suisse Releases Annual Hedge Fund Investor Survey
The title of this year’s survey, “Reaching New Heights”, reflects optimism expressed by institutional investors towards the prospects for industry performance and growth during 2013.
03/07/2013
Lord Rothschild: Sacrificing growth for safety has been ‘uncomfortable but necessary’
He asserted that his fund had ‘not abandoned’ its caution, but reported that its ‘focus has shifted more towards growth’.
03/07/2013
Moody’s renews warning on rising regulatory costs
New Ucits rules and Alternative Investment Fund Managers Directive cited as key concerns.
03/07/2013
UBS and RBC top 'alpha capture' rankings
The firm says it evaluates the sales ideas of the top 10 individuals, top four bulge-bracket firms and top five mid-tier and boutique brokerages in each region.
03/06/2013
European Parliament Eyes Hedge Fund Bonus Limits
Under the proposed bank compensation rules, bonuses will generally be limited to the amount of a banker's salary.
03/06/2013
Second EIS/SEIS fund from Mercia Fund Management aimed at tax-break-seeking investors
Mercia Fund Management has launched its second hybrid EIS/SEIS fund ahead of an announcement regarding the first investments made from its maiden fund.
03/06/2013
UBS Said to Face O’Connor Hedge-Fund Defections on Bonus
Traders are contacting other hedge funds and recruiters after UBS AG moved them to a pay structure used throughout the firm.
03/06/2013
China's ICBC keen to be yuan clearing bank in London - president
We are striving to be the clearing bank in London
03/06/2013
Standard Life confirms windfall as profits beat forecasts
“Standard Life has undergone considerable change over the past three years. As a result we now have significant opportunities for further strong and sustainable growth.”