10/15/2012
Grant Thornton lifts revenues by 10 per cent
Grant Thornton yesterday revealed a 10.6 per cent rise in revenues for the year to 30 June, led by growth in its recovery and reorganisation arm.
Alternative Investments
10/15/2012
Carmignac Gestion expands offering for Italian clients
Founded by Edouard Carmignac and headquartered in Paris, Carmignac Gestion has about €50bn assets under management.
10/15/2012
Eurex to launch new incentive scheme for participants located in Asia and Australia
It grants those Asian based clients the same reductions in trading fees reached by the respective affiliated non-Asian Eurex member.
10/14/2012
Sir Richard Branson set to make a move on 316 RBS branches
Virgin Money is poised to work on a bid for the 316-branch Royal Bank of Scotland division after the collapse of the deal to sell it to Santander.
10/14/2012
Growth fund gears up for £150m London float
The firm is hoping to capitalise on the decline in banks’ support for private equity buy-outs, which has restricted the number of deals taking place.
10/14/2012
Kensington House Prices Rise to $3.5 Million in London ‘Bubble’
Asking prices for homes in London surged to a record this month as values in the borough of Kensington and Chelsea rose to an average 2.2 million pounds ($3.5 million), according to Rightmove Plc. (RMV)
10/14/2012
Albourne gives ultimatum to hedge fund managers
Comply with global risk reporting standards or your fund will be dropped
10/14/2012
New Acquisition for Vistra Group announced in Belgium
Vistra has announced the successful purchase of Corporate Services Belgium CVBA, a Belgian corporate services provider with offices in Brussels and Antwerp.
10/14/2012
Fund managers join Oriel Asset Management
UK-based Oriel Asset Management has entered into an agreement with Williams de Broë Asset Management over the running of the WDB Oriel UK Fund, the WDB Oriel European Fund and the WDB Oriel Global Fund with assets of £90m. Managers Patrick Bart
10/14/2012
ING says in talks to repay Dutch aid as soon as possible
"We are keen to pay the Dutch state as soon as possible,"
10/11/2012
Axa Wealth multi-manager Architas reveals RDR pricing
The company offers passive, active and blended ranges of multi-manager funds
10/11/2012
Transact says RDR has sparked distribution ‘war’
He believes life offices face the most dramatic change as a result of the RDR
10/11/2012
Whitechurch Securities to acquire £50m client books; revamps DFM
The Bristol-based firm has already boosted assets by acquiring five client banks this year.
10/11/2012
Firms Exiting Businesses Due to Capital Requirements - RESEARCH
According to survey respondents, the introduction of central clearing is expected to result in lower margins, increased collateral requirements and a general increase in the cost of doing business in areas such as OTC derivatives.
10/11/2012
Investors cut back on hedge funds despite rally
"Inflows have remained steady, while outflows have spiked in line with quarter-end rebalancing," Bill Stone, Chairman and Chief Executive Officer at SS&C Technologies, said.
10/11/2012
SNS Reaal retail bank may cut hundreds of jobs
In July, the group said it was considering the sale of its insurance business, which is one of its main cash generators.
10/10/2012
ME investors show interest in London property market
The number of UAE investors buying second homes in London continues to increase due to increased connectivity through frequent flights to the United Kingdom's capital and other cities from the emirates.
10/10/2012
Cofunds reveals most popular funds in September
Other funds in the bestsellers list included the £12.7bn Standard Life Global Absolute Return Strategies fund, the £2.9bn Newton Global Higher Income fund and the £550m Liontrust Special Situations fund.
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.
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.