10/10/2012
‘Platforms ignoring investment trusts’
The largest platforms are ignoring investment trusts, citing lack of demand but failing to provide the required whole of market offering to advisers, James de Sausmarez has claimed.
Alternative Investments
10/10/2012
Saxo Bank buys Uruguayan broker
Luis Simões Pereira will head up Saxo Capital Markets, Agente de Valores. He has worked in the financial industry since 1996 and joined Saxo Bank in 2006.
10/09/2012
Novia becomes first wrap to offer commercial property
Chief executive says platform is following in footsteps of Sipp and Ssas markets.
10/09/2012
Ardon Gets Off The Ground With Family Office Seed
The Ardon Asia Fund will invest primarily in Australia, China, Hong Kong, Korea and Singapore
10/09/2012
Axa Teams Up With Norwegian Wealth Fund to Buy German Properties
The properties were sold by Royal Bank of Scotland Group Plc in a deal that will probably be completed by the end of the year, Axa Real Estate and Norges Bank Investment Management said in separate statements today.
10/08/2012
Aviva launch 'Thinking Book' for advisers
New Thinking uses the mnemonic MINDSPACE
10/08/2012
Barclays to acquire ING Direct UK
Dutch banking group ING announced its plan to exit the UK in August, as it seeks to raise funds to repay a bailout from the Dutch government.
10/08/2012
Cofunds names 85 RDR-fit groups
The platform aims to list 2,000 ‘clean fee’ share classes from fund groups by the end of 2012
10/08/2012
Succession in public warning to members over Threesixty
Network says it has doubts over compliance services provider’s independence since Standard Life takeover.
10/08/2012
Ian McKenna: Aegon makes last push to be RDR-ready
The first company to be reviewed in this series was Aegon
10/07/2012
Several groups absent from Cofunds’ RDR-ready list
Major fund groups among those not on list of companies ready to go with ‘clean’ share classes when platform’s unbundled pricing model went live.
10/07/2012
BNY Mellon to provide Allianz Global Investors with outsourcing solutions
BNY Mellon has been appointed to provide outsourced accounting and data management solutions to a range of discretionary mandates managed by Allianz Global Investors.
10/07/2012
Norway’s Wealth Fund Buys 50% of U.K. Mall for $560 Million
The transaction, completed on 6 October, values the entire asset at £1.525 billion pounds, including debt.
10/07/2012
Thomson Reuters and BlackRock Launch New Fixed Income Derived Analytics
Performing valuation and risk analysis on complex fixed income instruments can be a costly and time consuming process
10/04/2012
Worldwide investment fund assets increased to EUR 21.4 trillion in Q2 2012
Investment fund assets worldwide increased by 2.7 percent during the second quarter to stand at EUR 21.42 trillion at end June 2012.
10/04/2012
Standard Life Plc : Investment solutions and distribution partnership
Standard Life announces major investment solutions and distribution partnership with RBS
10/04/2012
Alexander Forbes sells part of UK business for 17 million pounds
The acquisition of AFCA will impact on the scale of JLT, which will better enable it to meet the challenges of a changing employee benefits market; as well as consolidating its position as one of the UK’s leading full-service employee benefits consu
10/03/2012
Blackstone joins with Anacap for bank deals
Blackstone has set up a joint venture with mid-sized rival Anacap to hunt for private equity deals in Europe's embattled banking sector, a person familiar with the situation said.
10/03/2012
Aviva set to end sponsorship deal with UK Athletics
One of the most enduring sponsorships in British sport is set to end when Aviva’s deal with UK Athletics expires in December.
10/02/2012
Skandia: advisers in conflict over single platform use
Advisers are confused about the rules over independence and single platform use, according to data from Skandia.