10/09/2012
European family office invests in Asia-focused fund
The Fund will invest primarily in Australia, China, Hong Kong, Korea and Singapore
FinTech
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
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.
10/07/2012
Fund firms take investors for a ride
Asset managers spend too much time launching new funds
10/07/2012
The Rich Get Richer in ETFs
The so-called Big Three of the ETF business are BlackRock’s iShares, State Street Global Advisors and Vanguard.
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.
10/04/2012
BLME acquires property for its light industrial building fund
An important milestone has been the addition of £3.6m '$5.7m' of leverage into the Fund from an international financial institution.
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
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.
10/02/2012
Cambridge University Considers Debut Bond as It Gains Top Rating
Cambridge University said it may sell bonds for the first time in its 800-year history after winning a top credit rating from Moody’s Investors Service.
10/01/2012
HSBC offloads property advice unit
HSBC Private Bank will continue to introduce its clients to Property Vision under a referral agreement to be entered into at completion.
10/01/2012
Aviva Renews Wrap Platform Contract with Citi
Long term commitment to the wrap market assured
09/30/2012
SS&C Acquires Gravity Financial
The transaction, which adds 40 fund services customers and 10 staff, supports SS&C's strategy of targeted growth and leadership in the alternative fund services industry.
09/27/2012
Barclays Stockbrokers launches new retail FX trading platform
Enhanced trading platform provides access to 50 currency pairs and bespoke research
09/27/2012
Bahrain Bank Reaches Agreement on Takeover of Leeds Soccer Club
GFH Capital Ltd. has an agreement to lead and arrange the acquisition of Leeds City Holdings, the parent company of the team, according to a filing made with the Bahrain bourse.
09/26/2012
Wells Fargo Q2 net income increases
"Wells Fargo's strong financial results this quarter again reflect the benefit of our diversified business model."
09/26/2012
Panmure Gordon soars back into the black to defy gloom
STOCKBROKER Panmure Gordon defied the market gloom to bounce back into profit in the first six months of this year, according to results published yesterday.
09/26/2012
Canary Wharf office tower up for sale
The property went into receivership after a default on a £130m loan in April this year.