10/29/2013
PwC Buys Strategy House Booz & Company
Giant accountancy firm PwC bolsters advisory arm with Booz & Company 'merger deal'
10/29/2013
Morgan Stanley Said to Take Stake Japanese wealth-management business
New York-based Morgan Stanley will provide research and investment products when the partnership takes effect in January, the person said. Terms of the agreement weren’t immediately available.
10/23/2013
Sustainable Asset Management join the FT Ethical Investment Conference
Although the majority of speakers agreed that financial return was key to investors, with ethical investments return could also be calculated on more than just a pure fiscal basis,
10/23/2013
Threadneedle switches managers on corporate bond fund
The ex-LV product was transferred to Threadneedle in 2012 along with LVAM’s entire fund range
10/23/2013
Launch Pad: Fund of funds
The launch means that all four of Brooks Macdonald’s actively managed portfolios are now available in unitised form
10/23/2013
Aberdeen Asset Management confirms bid for Scottish Widows Investment Partnership
Fund managers bid would see Aberdeen form 'strategic partnership with Lloyds'
10/21/2013
Andrew Lake & Fatima Luis launch strategic bond fund for Mirabaud
Actively managing duration and credit exposure across the business cycle would be the ‘main driver of performance’ for the fund.
10/21/2013
The Swiss banking group moves into Latin-American institutional markets
Fast-developing pension funds The economic development that many Latin American countries have enjoyed over the last fifteen years has generated new demand for health and financial services.
10/21/2013
Survey shows Hedge Fund Managers expressed dissatisfaction with their prime brokers
The majority of the survey respondents (75%) use managed account programs
10/20/2013
SS&C GlobeOp Forward Redemption Indicator: October notifications 3.36%
“Heading into the final quarter, the Indicator was almost 1% lower than in September, which is in line with historical patterns,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
10/20/2013
FCA approves Paradigm network sale
The FCA has finally given full regulatory approval for the sale of adviser network Paradigm Financial Advisers, one year after negotiations commenced.
10/18/2013
New fund to spot activist targets
The fund has been seeded by Mr Mills to the value of £8.4m, with the trio aiming to raise £150m to £200m through a roadshow which will begin shortly.
10/18/2013
Singapore’s £100bn investment fund plans expanded presence in London
Temasek is to use its new London office as a platform to explore a series of investments in Africa.
10/16/2013
Man Group ends run of client exits with $700 million net inflow
Overall investment movement of negative $0.1 billion in the quarter
10/16/2013
Polar Capital shuts down UK equity team
Polar Capital’s UK equity team is set to leave the group with the next few months.
10/16/2013
Natixis launches global multi-asset fund
http://citywire.co.uk/wealth-manager/natixis-launches-global-multi-asset-fund/a710228
10/15/2013
BlackRock's 3Q Profit Rises 15%
Operating income for the third quarter 2013 was $966 million with an operating margin of 39.1%.
10/15/2013
Kennox fund with new Ucits status likely to target Switzerland
Obtaining Ucits status has been driven by demand seen from investors across Europe - in addition to the mainly UK investment base of the past year and a half.
10/14/2013
Liontrust acquires North and Husselbee Alongside Paul Kim for Multi-Asset Arm
Liontrust Asset Management is to acquire North Investment Partners, appointing founder John Husselbee, as well as former LV = manager Paul Kim, to run its first multi-asset proposition.
10/14/2013
The Credit Suisse Hedge Fund Index Finished up 1.27% in September
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.