05/29/2013
Durrant and Philbin team up for Harwood Multi Manager launch
Durrant will be chief executive of the new business, which is part of boutique investment group Harwood Capital, while Philbin will be chief investment officer.
Alternative Investments
05/29/2013
Five biggest platforms' market share falls 20%
The market share of the biggest five UK adviser platforms has decreased by 20 per cent in the last three years, falling from a 90 per cent in 2010 to 70 per cent in Q1 this year
05/28/2013
AIMA paper highlights areas for deeper international coordination of OTC derivatives regulation
The paper, ‘Addressing overlaps between EMIR and CFTC OTC derivatives regulation’, provides examples of potential regulatory conflicts
05/28/2013
Henderson Global Investors clinch greater fund efficiency via Euroclear UK & Ireland
Henderson is among the front runners of major international asset managers embracing EUI’s new electronic ‘order-routing-through-to-settlement’ service.
05/27/2013
Hedge fund managers generate billions of returns in record start to year
Booming stock markets and global money-printing have allowed some of the world’s biggest hedge funds to generate billions of dollars of returns in a record start to the year
05/27/2013
Alliance Trust adds 100 more clean funds to platform
New tranche of clean fee share class funds bring total on platform to over 1,700.
05/27/2013
Canadians make West End swoop in Crown Estate tie-up
The deal is the latest swoop on the buoyant London market by big- spending Canadian pension funds.
05/27/2013
BNP Paribas Securities Services mandated by Aviva Investors France
Under this new mandate, BNP Paribas will support Aviva to develop its repo activities in a constantly changing regulatory environment, an area where the custodian provides a complete line of service.
05/26/2013
KBC completes the sale of Absolut Bank
KBC is now no longer present on the Russian banking market
05/26/2013
Lyxor extends physically replicated ETF range
FTSE Group licenses four additional indices to Vanguard
05/25/2013
Schroders star Andy Brough signs up for Ukip
Andy Brough, who manages Schroders’ £1.4 billion mid-cap fund, is understood to have joined Nigel Farage’s party
05/24/2013
3i buys Barclays fund
BRITAIN’S oldest private equity firm s stepping up its exposure to energy investment and other infrastructure projects
05/24/2013
Cazenove moves to limit inflows into Dean's UK funds
Cazenove has confirmed it is moving to stem flows into Julie Dean's UK Opportunities and offshore UK Equity fund as assets in the strategy approach Read more: http://www.investmentweek.co.uk/investment-week/news/2270534/cazenove-moves-to-stem-inflow
05/23/2013
AIMA Investor Steering Committee publishes 'Beyond 60-40'
The paper, ‘Beyond 60/40: The evolving role of hedge funds in institutional investor portfolios’, is based on a survey of some of the most important institutional investors in hedge funds globally.
05/23/2013
Strong Tax Year End for Barclays Stockbrokers’ Funds Activity
Further analysis found April 2013 saw a 72% increase in the number of clients buying funds compared to the same month last year.
05/23/2013
Every penny helps... United's link with Bank of America will save them £10m a year
Manchester United have cut their interest bill by £10million a year after a major refinancing through Bank of America
05/22/2013
PIMS: Ascentric set to soft-launch white-label platform
Royal London-owned wrap Ascentric is soft-launching its adviser self-direct white-label proposition with around 50 firms over the course of 2013.
05/22/2013
Societe Generale Securities Services in Italy mandated by Rinascimento Sicav
Rinascimento Sicav is a Luxembourg-registered open-ended collective investment fund.
05/22/2013
Hargreaves eyes exclusive rights to sell funds
What we are saying to the fund groups is we want them to put their best foot forward in terms of price
05/21/2013
Neuflize OBC outsources its dealing activities to BNP Paribas Securities Services
The outsourcing agreement extends to equities, ETFs, derivatives and bonds for institutional and private clients.