08/30/2012
Old Mutual completes sale of Finnish branch of Skandia Life Assurance Company
As at 30 June 2012, the Finnish branch had gross assets of €1.3 billion.
Alternative Investments
08/30/2012
Quantum Global Real Estate and LaSalle buy trophy office building in Mayfair
This is the first acquisition Plaza has made since inception earlier in the year, investing in large real estate assets around the globe. With leverage, Plaza has USD 1 billion gross of initial buying power.
08/29/2012
Barclays' GlobalAccess range now available through two platforms
Advisers can access the 16 investment solutions as single components, enabling them to build their own portfolios to meet their clients' individual needs.
08/29/2012
Outflows at Italian asset managers slow to 1.3 bln euros in July
Italy-domiciled funds were again the hardest hit with 1.26 billion euros in outflows.
08/28/2012
Charnock to front newly-created Standard Life adviser unit
In the UK the restructure will see the creation of an advisers and investments business unit made up of Standard’s existing retail adviser, proposition, wealth and investment solutions businesses, reporting into Richard Charnock.
08/28/2012
Threadneedle to launch RDR share classes
Threadneedle is to roll out a range of commission-free share classes across the majority of its fund range, and waive initial charges for advised UK retail investors, as it makes its proposition ready for the post-RDR world.
08/27/2012
New Dow Jones Credit Suisse Hedge Fund Index Commentary Offers Insight into July Hedge Fund Performance
*In total, the industry saw estimated outflows of approximately $8.5 billion in July, bringing overall assets under management for the industry to approximately $1.75 trillion;
08/27/2012
Ex Winton scientist to launch systematic trading fund
Aquantum AG intends to launch its first UCITS fund in cooperation with Universal-Investment Luxembourg.
08/26/2012
Peakside buys AIB's Polish fund management arm
Peakside's first direct investment into Poland
08/26/2012
Kassam Buys Ex-Lehman Property for $39.5 Million: Times
Head of the Firoka Group of companies paid 25 million pounds ($39.5 million) in cash for a London property that was once owned by Lehman Brothers Holdings Inc.
08/26/2012
DEXIA : says likely to pump money into Luxembourg arm
Franco-Belgian bank Dexia SA said it believes it will need to recapitalise its Luxembourg arm before the latter's imminent sale, which could see it demanding further money from the Belgian and French governments.
08/26/2012
SEB Asset Management lets entire London property
Nationwide will use the building as its new UK headquarters and will open a new branch on the ground floor.
08/23/2012
Legg Mason adds 17 funds to offshore sectors
The group says it intends to add more offshore funds to the sectors in due course.
08/23/2012
Legg Mason adds 17 funds to offshore sectors
The group says it intends to add more offshore funds to the sectors in due course.
08/22/2012
Jupiter Fund Management director reduces stake
The first batch of shares were sold at 226.04p and the second for 225.00p, for a total of £67,656, taking his holding to 83,333 shares.
08/22/2012
Generali looks to sell U.S. reinsurance arm
"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.
08/21/2012
Why process is the key to tackling financial crime
Regulators across the globe have identified Firms who have failed to comply with relevant rules, as opposed to those who have actually enabled any form of financial crime to take place.
08/21/2012
Hedge funds are a 'limited' risk, says FSA
Hedge funds pose little risk to the banking and wider financial system, according to an industry survey by the Financial Services Authority.
08/21/2012
Gatehouse Bank buys $52m UK retail asset
The sharia-compliant investment bank bought the 107,000 sq ft building for £33.4m from accountancy firm KPMG, receiver to a failed Irish property company.
08/21/2012
SocGen Germany leasing unit on the block -report
French bank Societe Generale , which recently agreed the sale of its U.S. asset management unit TCW, is now looking to sell its substantially smaller German leasing unit, called Pema, financial newsletter Agefi reported on Tuesday.