07/08/2012

Wells Fargo AM set for multiple fund launch in Europe

Wells Fargo AM rates itself the 11th-largest US mutual fund manager and the 28th-largest internationally, with more than $445bn in global assets under management and more than 35 portfolio management teams worldwide.

07/05/2012

Last chance saloon for funds of hedge funds

The report, published yesterday, said that the recent wave of consolidation in the European fund of hedge funds industry leaves just a handful of candidates for large-scale acquisitions.

07/04/2012

Henderson’s latest merger plans delayed

Henderson Global Investors’ latest fund merger plans have hit a hurdle after the group decided not to proceed with the vote related to two funds and was defeated on another.

07/04/2012

European Council Adopts Rules On Derivatives

The European Council on Wednesday adopted a regulation aimed at increasing transparency in derivatives and reducing risk in the over-the-counter derivatives market.

07/02/2012

BlackRock makes acquisition and expands Swiss presence

The transaction extends BRPEP's investment capabilities into infrastructure investing, expands its European and Asian footprint, and establishes the unit's presence in Switzerland where BlackRock has a long-standing presence and history of servi

07/01/2012

Aviva could shed 15 divisions

In a strategy presentation to be given to analysts this week, John McFarlane, the recently appointed executive chairman, will reveal that of the 58 business divisions identified in the company, between 10 and 15 could be sold or wound down.

07/01/2012

ABN Amro Completes Sale of Insurance Unit

Dutch lender ABN Amro Bank NV Monday said it has completed the sale of its commercial insurance unit to U.K.-based insurance broker Aon PLC for an undisclosed amount.