05/04/2012
A Brazilian billionaire paid about 500 million pounds to buy an office building in the City of London financial district from a group of investors that breached the terms of loans secured by the building
05/04/2012
Fund ratings agency Morningstar OBSR has awarded bronze ratings to Schroders’ £281m European fund and UBS’s £91.4m US Growth fund.
05/04/2012
The average vote against U.K. compensation reports was 6 percent last year, according to Pension & Investment Research Consultants Ltd.
05/04/2012
Wall Street Tycoon Eyes Metro Bank Stake
One of Wall Street's best-known hedge fund managers is in talks to buy a stake in Metro Bank, Britain's first new high street lender in more than a century, I have learned.
05/03/2012
Peter Clarke, who took over as CEO from industry 'godfather' Stanley Fink in 2007.
05/02/2012
Of this, more than 70 per cent went to fixed-income funds, while equity funds, by contrast, had net redemptions for March and only slightly positive inflows for the quarter.
05/02/2012
Beaufort said the purchase is the first stage in a series of strategic developments for the group.
05/02/2012
However, financial services groups and MPs denounced the move as “lavish” at a time when financial services firms – who pay for the regulators – are tightening their belts.
05/02/2012
The shares slid as much as 8 percent as analysts cut their earnings forecasts for the company.
05/01/2012
Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.
05/01/2012
This is a sector with clear investor appeal. The problem is there are many methods of endeavouring to deliver the expected return and it is not always easy to determine which approach is being taken.
05/01/2012
DCG IRIS Limited is a proposed new London-listed, closed-end investment company seeking attractive returns from insurance linked strategies (‘ILS’).
05/01/2012
The firm, which reported a reduction in net client outflows, holds its annual general meeting on Tuesday.
05/01/2012
The shares slid as much as 8 percent. Clients redeemed $4.1 billion from Man’s investment funds, which was partly offset by $3.1 billion of sales, the London-based company said today.
04/27/2012
Gemini provides distribution and marketing for asset managers that have limited expertise in the retail and wholesale marketplace in Europe.
04/27/2012
Phil Jones, chairman and chief executive of Hemiphon, is in no doubt as to why the workforce management company has listed on the Frankfurt Stock Exchange, putting it down to “speed to market and cost”.
04/27/2012
The office in Hong Kong was formally announced at Fund Forum Asia by Pat Lardner who has just taken up the position of chief executive of the IFIA.
04/27/2012
Webster-Smith, who spoke exclusively with BusinessDay, noted that the LSE currently hosts a lot of Africa-focused companies, including three Nigerian related companies such as Guaranty Trust Bank plc, Diamond Bank plc, and Afren.
04/27/2012
Aberdeeen Asset Management, Kames Capital and Skandia Investment Group are to host a joint roadshow throughout May and June 2012.
04/27/2012
A spokesman for the cooperatively-owned bank said on Friday it was reviewing "strategic options" for fund management arm Robeco, confirming a Dutch media report, but declining to comment on any of the details.