Newton restructures fund range

The Bank of New York Mellon’s asset-management subsidiary, Newton Investment Management, has announced a suite of changes to its funds.


Rothschild buys into peer-to-peer lending

Jacob Rothschild, scion of the eponymous banking dynasty, has bought a stake in a peer-to-peer lending company that allows people to extend credit to each other without going through banks.


Natixis launches Souverains Euro fund in Italy

Natixis Asset Management has launched in Italy Natixis Souverains Euro, a eurozone sovereign bond fund managed by Olivier de Larouzière, head of euro fixed income management at the firm.


Dexia in talks over asset management arm

Neither the Belgo-Dutch financial group nor GCS Capital, which is run by two former senior investment bankers at HSBC, gave many details on the talks, but a deal for the European asset manager could be worth up to €500m, according to bankers.