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Newton Emerging Income added to Wealth 150

New income fund added to Hargreaves Lansdown buy list prior to launch on October 4.

Hargreaves Lansdown founder launches Bristol sports company

Lansdown is a long-term backer of the city’s two Championship sports clubs.

Barclays Stockbrokers launches new retail FX trading platform

Enhanced trading platform provides access to 50 currency pairs and bespoke research

Panmure Gordon soars back into the black to defy gloom

STOCKBROKER Panmure Gordon defied the market gloom to bounce back into profit in the first six months of this year, according to results published yesterday.

Canary Wharf office tower up for sale

The property went into receivership after a default on a £130m loan in April this year.

UK funds seek new hires over infrastructure investments

JPMAM is looking to add around half a dozen people to its infrastructure debt team over the next 18-24 months, with the majority based in London.

UK wrap platform market growing faster than ever

James Hay has seen its average wrap case size rise 21% in the last six months.

Saudi-UK partnership marks a new chapter

Mohammed Shawkat, the British Consul General made the announcement at the British Consulate in Jeddah on Monday.

BlackRock transition tool to launch on Aegon platform

Talks active to offer IFA business-structure tool on other platforms

Cofunds’ Unbundled Pricing Goes Live

The various portfolio tiers relate to all the assets that an individual holds on Cofunds, including ‘legacy assets’. And investors can make unlimited switches without charge, Cofunds says. The unbundled model will be VAT-exempt

BNP Paribas Securities Services Launches Pension Fund Risk Monitoring Tool

By calculating the market risk against each individual security in a fund’s portfolio, the tool determines the market risk across the entire portfolio with higher accuracy than when calculated based on individual reports from disparate external sour

Gilliat’s Success Leads to Host of Awards

Gilliat Financial Solutions, the structured products distribution specialist within the Arbuthnot Banking Group, today announced its success in both the European Structured Retail Products Awards and Moneyfacts Investment Life & Pensions Awards.

Henderson launches low cost multi-asset range for McQuaker

The firm stressed that as the funds are risk targeted, rather than risk rated, they are designed to remain within specified risk bands over a medium to long term time horizon.

Origen reports £3.5m loss after review

Financial adviser Origen, part of Edinburgh-based Aegon UK, has reported a £3.5 million pre-tax loss for 2011 after conducting an internal review of its systems and controls.

Oddo AM joins forces with Italy's Generali for fund of funds launch

"Recent measures announced by the European Central Bank could restart a process of credibility on the market."

French firm restructures absolute return offering

‘The new organisation will allow the firm to benefit from synergies between the various management units of the business.’

VCTs fear 75% plunge in funding after new rules

Venture capital trusts believe that new rules planned by the Financial Services Authority could cost them three-quarters of their investor base, with one wealth manager warning the developments are “very concerning” for small business investme

London hedge fund paid top partner €42m last year

Comac was one of a tiny minority of hedge funds and investors that called the stock market right in 2007 and 2008, making a massive profit from shorting US Treasury bonds.

Turkey may sell 24 pct of Halkbank in secondary offering

Turkey's Privatisation Administration may sell a 24 percent stake in Halkbank through a secondary public offering (SPO) within six months, retaining a controlling stake in the state-run lender, government and banking sources said.

'Aegon sent us details of rival advisers' investors and its response was hugely disappointing'

Whitehall, based in Bewdley, Worcestershire, received details last month of 35 Aegon investors who were not its clients. Between them the investors have £1.2 million of pensions with the insurer.

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