05/15/2014
Michael Novogratz touts bitcoin, M&A and tech
There's a compelling reason to believe in the bitcoin story, Fortress Investment Group Principal Michael Novogratz said Wednesday from the SALT Conference in Las Vegas.
05/15/2014
Century old London silver fixing firm closes shop
The company that runs the London silver fixing, a benchmark dating back more than a century, will stop running the process after Deutsche Bank AG said two weeks ago that it was dropping out of the price-setting ritual.
05/15/2014
Zurich Insurance Group AG (ZURN), the biggest Swiss insurer
05/15/2014
The move makes sense for both insurers
05/14/2014
Its goal is to build wealth by investing in stocks
05/14/2014
Webb has dragged this fund out of the doldrums
05/14/2014
Coin Capital has contracted with SS&C Technologies, Inc. for fund administration services, and is audited by KPMG.
05/14/2014
Coin Capital has contracted with SS&C Technologies, Inc. for fund administration services, and is audited by KPMG.
05/13/2014
China wine imports from Australia up 144% in past five years
China is already the world's biggest market for red wine at 1.87 billion bottles in 2013
05/13/2014
Swiss Life's international business with high net worth clients saw premium income fall by 41 percent to 404 million francs
05/13/2014
Third-straight quarter in the black; twelve-month return up more than 11%, led by U.S. equities
05/13/2014
Assets under management at Duet Group, the alternatives group co-founded in 2002 by former Merrill Lynch and Credit Suisse First Boston banker Henry Gabay, have hit the $5 billion mark after a surge over the past year.
05/12/2014
The latest Pridham report for the first quarter of 2014 sees Old Mutual Global Investors top the net sales table.
05/12/2014
Funds guru challenges rivals on fees
The Financial Conduct Authority, the City regulator, will begin a review of fund manager costs this week.
05/09/2014
This helped boost long only funds under management by $1bn to $16.3bn
05/09/2014
The European fund currently has £15.9 million of assets under management (AUM), while the global fund runs less than £5 million.
05/08/2014
Guernsey licenses 99 international insurers in 12 months
The Guernsey Financial Services Commission licensed 99 new international insurers in the 12 months to the end of March.
05/08/2014
Bruntwood has sold its City Tower headquarters in Manchester to asset manager Schroder’s in a deal worth £132m.
05/07/2014
This compared to an average forecast for $909 million net profit in a Reuters poll of analysts.
05/07/2014
Dan Loeb secures board seats for himself and two allies after seven-month feud with management