08/21/2012

SocGen Germany leasing unit on the block -report

French bank Societe Generale , which recently agreed the sale of its U.S. asset management unit TCW, is now looking to sell its substantially smaller German leasing unit, called Pema, financial newsletter Agefi reported on Tuesday.

08/19/2012

Barclays Stockbrokers reveals the top 20 funds purchases

Barclays Stockbrokers has revealed the top 20 funds purchased by clients through its revamped Funds Market during July 2012 – a busy month for its funds investors which saw a 110% increase in fund investments compared to the previous month and a 51%

08/15/2012

Danske Pension Arm Snaps Up Italian Bonds in Yield Search

Danica, which had investment assets of about $50 billion at the end of June, holds about 7.2 billion kroner ($1.2 billion) in mostly Italian short-term notes and some Spanish debt, according to Peter Lindegaard, the chief investment officer at the pension

08/15/2012

British city launches own currency

Hundreds of businesses have joined, from the acclaimed Arnolfini arts centre to the Chandos deli chain, and the launch had to be postponed from May to September 19 because of the level of interest.

08/14/2012

EU hedge funds face pay threat

There is increasing industry alarm that draft guidance on how to implement the law could see restrictions such as bonus deferrals and clawbacks, which are already enforced in the banking sector, imposed on a wider range of big funds than first thought.

08/14/2012

Liontrust moves to retain fund manager talent

Shareholders will vote at Liontrust’s September annual general meeting regarding whether or not to expand the current incentive scheme, introduced in January 2011, by 1.9m shares, in order to “closely align their interests with those of shareh