05/29/2013
Five biggest platforms' market share falls 20%
The market share of the biggest five UK adviser platforms has decreased by 20 per cent in the last three years, falling from a 90 per cent in 2010 to 70 per cent in Q1 this year
FinTech
05/27/2013
Hedge fund managers generate billions of returns in record start to year
Booming stock markets and global money-printing have allowed some of the world’s biggest hedge funds to generate billions of dollars of returns in a record start to the year
05/24/2013
3i buys Barclays fund
BRITAIN’S oldest private equity firm s stepping up its exposure to energy investment and other infrastructure projects
05/23/2013
Swiss Life premiums rise 14 pct in first quarter 2013
Group solvency was 224% as at the end of March.
05/23/2013
Every penny helps... United's link with Bank of America will save them £10m a year
Manchester United have cut their interest bill by £10million a year after a major refinancing through Bank of America
05/22/2013
PIMS: Ascentric set to soft-launch white-label platform
Royal London-owned wrap Ascentric is soft-launching its adviser self-direct white-label proposition with around 50 firms over the course of 2013.
05/22/2013
Earliest Known Patek Philippe Grand Complication May Fetch $1.5M At Auction
Christie’s New York will offer The Stephen S. Palmer as the highlight of its New York Important Watches auction on June 11
05/22/2013
Beware of that hedge fund in the window
Researchers found that monthly hedge fund performance post-advertisement fell by 0.1%
05/21/2013
SS&C GlobeOp Forward Redemption Indicator
May notifications 3.77%
05/20/2013
London & Capital partners with Alexander Beard group plc to access portfolios on Skandia
London & Capital’s portfolios are constructed to spread risk by investing in numerous asset classes - blending traditional actively managed funds with low-cost tracker funds.
05/20/2013
Diamond prices to rise 6pc per year till 2020 - RESEARCH
The market price of rough diamonds will rise consistently until the end of the decade
05/19/2013
Mouton Magnums Back to 1945 Fetch $266,000 at Christie’s
Sixty-six magnums of Chateau Mouton-Rothschild spanning the period from 1945 to 2008 fetched 257,400 Swiss francs ($266,000) at a Christie’s International Plc wine auction in Geneva this week which raised $3.96 million.
05/19/2013
The 23 Most Expensive Watches Ever Sold At Auction
The collectible market is booming, with art, cars, and jewelry all breaking records in recent months.
05/19/2013
Close Brothers to shut two funds on size concerns
Funds were being closed down because they had become too small to manage effectively
05/16/2013
Coutts Investor Insights: Gold tumble tests strength of the floor
A number of factors have led to its recent sell-off.
05/15/2013
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.39% in April
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.
05/14/2013
Sotheby's dominant as Christie's struggles at Manhattan's major spring auctions
Colin Gleadell analyses the major sales from the latest round of art auctions in Manhattan and assesses the repercussions for Sotheby's and Christie's.
05/12/2013
India's Gold Bullion Imports Jump 138% on Price Crash
GOLD BULLION imports to India rose 138% in April from March, the Ministry of Commerce and Industry said Monday
05/12/2013
SS&C GlobeOp Hedge Fund Performance Index up 1.44% in April
Capital Movement Index: May net flows advance 0.63%
05/09/2013
Global investors moving away from gateway cities
Gateway cities are still firm favourites among global investment funds and institutional investors