04/26/2013
7IM reviewing fund discounts on platform
Marketing director Justin Urquhart Stewart vows to act in best interests of clients as company reviews FCA ban on cross-subsidies.
FinTech
04/25/2013
Euroclear Bank and Standard Chartered broaden collateral pool
Standard Chartered is the first Asia-based agent bank to join the Collateral Highway.
04/24/2013
American Eagle gold coins soar in value and forces Mint to suspend sales
The US Mint ran out of its smallest American Eagle gold coin after demand surged following the biggest drop in futures in three decades
04/23/2013
Carmignac funds moved to Ascentric platform
Carmignac Gestion has made its entire range of UK-registered funds
04/23/2013
Gottex Fund Management’s assets drop 9% in first quarter on client outflows
Gottex Fund Management reported that its earning assets decreased by 9.0% to $6.41bn in the first quarter of this year
04/23/2013
Private Investor Consortium Completes Acquisition of Duff & Phelps
Duff & Phelps Corporation today announced the completion of its acquisition by a consortium comprising The Carlyle Group, Stone Point Capital LLC, Pictet & Cie
04/23/2013
Cofunds teams with GAM on unitised DFM offering
GAM's recently launched discretionary fund management (DFM) offering for the UK adviser
04/22/2013
Worrying trend emerges from 2013 Aon Global Risk Management Survey
The 2013 Aon Global Risk Management Survey points to a significant decline in risk readiness among many of the survey respondents.
04/22/2013
Citi launches OpenAi for alternative investment clients
Institutional investors today are demanding more transparency and visibility.
04/22/2013
Old Mutual to battle Schroders for Buxton’s UK Growth trust
Richard Buxton’s future employer expresses interest in star manager’s £290m Schroders trus
04/22/2013
Ashcourt Rowan sells personal pensions admin business
Ashcourt Rowan has agreed to sell its pension trustee companies
04/21/2013
Hedge funds find new Swiss rules good for business
Fund managers had feared tighter legislation passed this year
04/21/2013
Lloyds puts brakes on F1 venture after £46.3m loss
The team’s current and former management hold a 7.3pc stake in the team and the majority is owned by Marussia
04/19/2013
Hedge Fund Redemptions Fall In April
The figure represents the sum of forward redemption notices
04/18/2013
New Dow Jones Credit Suisse Hedge Fund Index Commentary
Long/Short Equity funds produced positive returns in March
04/18/2013
Lloyds 'looks to offload SWIP' to raise capital
Though a formal sale process has not begun, Deutsche Bank has reportedly been gauging interest from potential bidders.
04/17/2013
De Vere Group moves to jettison De Vere Venues
De Vere Group has hired Lazard to assist in the sale of its De Vere Venues arm
04/11/2013
UK Property Developers Woo ME Buyers
New exhibition in Dubai to feature luxury London properties that are not yet marketed even in the UK.
04/11/2013
Hargreaves Lansdown cuts Schroder fund from Wealth 150
They also say the fund has on average, slightly underperformed its benchmark in both rising and falling markets since launch.
04/11/2013
Hargreaves rallies behind new Crispin Odey fund
The firm likes the manager’s high-conviction style, but believes investors will need a very long time horizon if they are interested in backing his new offering.