U.S. insurer plans skyscraper in London's financial heartland

While many investment banks have moved to the Canary Wharf district in recent years, attracted by large trading floors and cheaper rents, insurers have been the only bright spot in an otherwise moribund lettings market in London's traditional financi


Hedge funds pin hopes on French revolution

It is a Europe-wide trend but one that matters in France, where big investors such as insurers and retirement funds - holding 2 trillion euros assets - are more risk-averse and put less into hedge funds than peers abroad.


Commodity Market Higher In June, Relieved by Progress in Eurozone

The Dow Jones-UBS Commodity Index Total Return was up by 5.49% in June. Overall, 14 out of 20 index constituents increased in value. Agriculture was the best performing sector, up 13.87% for the month. Concerns over crop stress and yield loss due to the h


Friends Life launches £6bn asset management business

The launch, which has come ahead of schedule, will enable the group to leverage its existing investment capability, investment strategy and asset liability management while supporting the growth of core product areas, such as annuities.


Guess who's back? Duffield's latest firm launches fund range

Brompton is offering the IFDS Brompton Global Income fund, as well as the Brompton Global Growth and Brompton Diversified funds. Read more: http://www.investmentweek.co.uk/investment-week/news/2190169/guess-whos-duffields-firm-launches-fund-range#ixzz20B


Rise in wealthy French eyeing London move

Knight Frank, the property agent, said sales of prime property to French buyers had risen 40 per cent in the three months to the end of June 2012 compared with the same period in 2011.


SocGen SS mandated by Titanium Finance

SGSS in Luxembourg provides services including trustee, central administration, pricing, paying agent, transfer agent and registrar services, and is a listing agent on the Luxembourg stock exchange.


HSBC sells Irish insurance business

HSBC Europe, wholly-owned by HSBC, has agreed a deal to offload HSBC Reinsurance and HSBC Insurance (Ireland) to Catalina Holdings.


Wells Fargo AM set for multiple fund launch in Europe

Wells Fargo AM rates itself the 11th-largest US mutual fund manager and the 28th-largest internationally, with more than $445bn in global assets under management and more than 35 portfolio management teams worldwide.