12/25/2013
Singapore wealth fund GIC buys Broadgate stake
Wealth fund GIC becomes Britsh Land's new partner in City complex Broadgate with purchase of Blackstone stake
12/24/2013
In addition to its credit institution operations, Buy Way has developed a credit card management business for third parties, in particular for KBC Bank.
12/24/2013
According to a filing on Monday by Italy's market watchdog, Generali reduced its stake, worth around 280 million euros ($380 million) at current market prices, to zero on December 16.
12/24/2013
In a stock exchange announcement today, IFG confirmed that “due to the highly conditional nature of this proposal” it will not be continuing talks with the bidder.
12/23/2013
This will be a unique product which will aim to capture many of the strengths of OMGI’s full team
12/19/2013
Odey Asset Management, the hedge fund managed by seasoned stock picker Crispin Odey, doubled profits last year after performance fees soared
12/19/2013
Miler is a a company set up by Hong Kong businessmen Dr Francis Liu and Man Wai Chan to deliver the scheme which will see the upper floors of the site converted into 163 G-Suite apartments.
12/19/2013
Old Mutual Global Investors will launch a multi-asset range of funds in February next year.
12/19/2013
The Polish unit of French bank BNP Paribas has suspended preparation for as share issue due to the French bank's plan to take over BGZ
12/18/2013
Move sees a raft of internal promotions including Steve Langan who will head up Hiscox UK and Europe
12/18/2013
Braveheart made a GBP845,000 pretax loss for the six months ended September 30, compared with a GBP67,000 pretax profit for the corresponding period the year prior.
12/18/2013
Mercia Growth Fund 3 follows two previous funds which invested in medtech, gaming, telecoms and e-commerce sectors.
12/18/2013
The Gibraltar Government has approved plans for a new “credit institution” that is seen as filling a need in the marketplace that was made more urgent by Barclays' recent announcement of plans to reduce its Gibraltar presence.
12/16/2013
The growing number of major banks seeking to profit from the Bitcoin phenomenon is escalating around the world.
12/16/2013
Citibank’s analyst believes that the market is likely to end up with a plethora of “bitcoin lookalikes with little to choose between them, so pricing becomes very difficult.
12/16/2013
Deutsche Asset & Wealth Management and Harvest Global Investments plan to list the exchange-traded fund in Europe, initially in London
12/16/2013
Nordea Asset Management has launched two bond funds and two emerging market equity funds in its Nordea 1 Sicav range.
12/16/2013
Redington, mainly an institutional adviser, was voted top consultant in this year’s Financial News Awards for Excellence.
12/16/2013
Nine of its Luxembourg-based funds are now available to UK investors in sterling shares, including the top-performing Lombard Odier Technology fund and the $835m Lombard Odier Emerging Consumer fund.
12/16/2013
The sale netted Invesco around £36m. Part of the stake was picked up by Lazard Asset Management, another major existing holder: Lazard's stake rose from 14% to 18% on the same day.