02/18/2013
LGT Capital Partners Closes on CGS III at $2bn
The program’s investor base consists of more than 80 institutions and includes sovereign wealth funds
Alternative Investments
02/18/2013
Skandia reports 7.3% return for owners in first year of independence
This was more than double the 3.1% total return reported for 201
02/18/2013
Skandia International unveils new RDR ready offshore bonds
The new bonds will be compatible with the RDR requirements and will be powered by Wealth Interactive, Skandia International’s new wealth management service.
02/17/2013
Zurich UK Life operating profits up 9%
New business value for the UK arm of Zurich was up 28% at £123m
02/17/2013
Indonesian investor said eyeing Henderson London office
The agreement would allow Henderson to resurrect the sale of the site in mid-town near Covent Garden after an deal with Germany’s Deka fell apart.
02/17/2013
Abu Dhabi Fund Said Close to Buying RBS’s 42 Marriott Hotels
The sovereign wealth fund, also known as ADIA, has been a preferred bidder since last summer and the sale includes hotels in London and Edinburgh, the person said, asking not to be identified because the deal hasn’t been made public.
02/17/2013
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 2.07% in January
January 2013 and December 2012 performance numbers are listed below
02/17/2013
Man Group set for management shake-up
The overhaul will amount to a significant consolidation of Mr Roman’s own power base in the company and will indicate the extent to which he will exercise far more executive control over its day-to-day operation.
02/17/2013
Miton's Gervais Williams handed back flailing Henderson Fledgling Trust
Williams managed Henderson Fledgling for ten years while he was at Gartmore
02/17/2013
UBS builds passives range with first onshore retail offering
We are seeing more interest in passive funds
02/17/2013
RLAM launches two global high yield funds
The fund manager will be Head of High Yield Azhar Hussain and the assistant fund manager will be Stephen Tapley.
02/17/2013
Skandia’s unbundled platform goes live
This new development will make Skandia one of the first platforms to be R2 Day compliant, a year ahead of the deadline.
02/17/2013
Skandia’s unbundled platform goes live
This new development will make Skandia one of the first platforms to be R2 Day compliant, a year ahead of the deadline.
02/14/2013
Generali and Zurich to invest $6.7 million each in Spain’s Sareb bank
French insurer AXA S.A invested in Sareb's first phase of capital raising at the end of 2012.
02/14/2013
JP Morgan Proprietary Trading Head Readies Hedge Fund
He and a team of about 20 JP Morgan traders are planning to launch an equity multi-strategy hedge fund
02/14/2013
Spain's Bankia hires Rothschild to sell company stakes
"We have hired Rothschild for certain disposals," a spokesman for Bankia said on Friday.
02/13/2013
Investors pull $1 billion from hedge fund giant Winton
Winton's main strategy was one of the few to make money in 2011, gaining 6.3 percent, but it lost 3.6 percent last year.
02/13/2013
Threadneedle UK Property Trust removed from the Wealth 150
Periods of extreme market pessimism and optimism illustrate the point.
02/13/2013
PSigma's Mott adds Swiss bank UBS to Income fund
"We have bought 0.5 per cent in UBS as we see through the restructuring of the bank it will become more of a wealth manager."
02/13/2013
Ex-Permira partners in talks with wealth funds
The partners will not be trying to raise a traditional buyout fund, they said, but rather tap a handful of sovereign wealth funds and high net worth individuals for every deal they find.