10/31/2012
LGIM reports 5 per cent rise in AUM
Assets under management have risen to £391bn, up from £271bn at the end of 2011.
Alternative Investments
10/31/2012
Bellpenny in white-label talks with IFDL
IFDL powers white-label platforms for a number of adviser firms including Intrinsic, Openwork and Towergate.
10/31/2012
Hermes Fund Managers Launches its Emerging Asia UCITS Fund
Hermes Fund Managers has announced the launch of its Emerging Asia UCITS fund.
10/30/2012
Europe boosts 7IM CF Balanced performance
Manager gains from increased Europe weighting after the continent dented his performance last year.
10/30/2012
BBVA Net Profit Tumbles on Property Assets
Operating income, which determines the bank's ability to set aside provisions, reached €9 billion for the first nine months, up 16.1% over the same period last year.
10/30/2012
Burgundy delights on offer at christie's next week
Veritable feast of Burgundy wines are heading for auction at Christie's
10/29/2012
UK hedge fund firm Polygon sold for $99 mln
Tetragon Financial Group has bought Polygon Management
10/29/2012
Ex-Cofunds chief Brett Williams launches alternatives business
Old Burlington Investments is set to launch a duo of EIS funds
10/29/2012
Standard Life launches drawdown range based on Gars fund
The ‘dynamic drawdown’ funds are designed specifically for use by drawdown investors
10/29/2012
Axa boosts multi-asset range with double fund launch
The Axa WF Global Flex 50 fund is aimed at more risk-averse investors
10/29/2012
Jupiter Absolute Return Fund removal from Wealth 150
The Jupiter Absolute Return Fund was to adopt a similar, but more cautious approach
10/29/2012
Deutsche Bank research reveals dramatic transformation in investor evaluation of hedge funds
Deutsche Bank has revealed a fundamental shift in the depth and nature of due diligence carried out by hedge fund investors.
10/29/2012
Barclays launches ‘one-stop’ Guarantee issuance service for financial institution clients
Barclays has launched a Network Guarantee issuance service which allows financial institution (FI) clients to issue Guarantees to beneficiaries in any Barclays footprint country, through its one-stop issuance hub located in the UK.
10/29/2012
Deutsche Börse Q3 profits slide
Deutsche Börse AG published its results for the third quarter 2012, which continued to be dominated by a markedly weak market environment, on Monday.
10/29/2012
Jupiter hits back at Hargreaves Lansdown over performance fees criticism
Jupiter Asset Management has hit back at Hargreaves Lansdown’s criticism of its performance fees after the £742m Jupiter Absolute Return fund, managed by Philip Gibbs was dropped from its Wealth 150 fund buy-list.
10/29/2012
Standard Life expands Global emerging markets range
Standard Life Investments has announced the launch of its Global Emerging Markets Unconstrained SICAV.
10/28/2012
RDR will stop preferential fund manager deals
Transact says the RDR will prevent platforms from negotiating deals with fund managers
10/28/2012
Odey Asset Management Purchases A 5% Stake In Man Group
The stock value of Man Group Plc (LON:EMG) surged by 1.80 GBp, or 2.25 percent, from its previous close at 80.05 GBp per share to 81.85 GBP per share on Friday at the London Stock Exchange.
10/28/2012
Bank closer to Leeds takeover
The takeover of the British football club by GFH Capital
10/28/2012
Old Mutual plans restructure over merger
Julian Ide has been confirmed as chief executive of Old Mutual