AIMA expresses concern about new European Commission AIFMD

The Alternative Investment Management Association (AIMA), the global hedge fund trade association, has expressed concern about the European Commission’s new draft text for the implementation of the Alternative Investment Fund Managers Directive (AIF


New issuer added to Navesis‐ETF

Following the successful launch of Navesis‐ETF in February, and a move into Emerging Markets this month, there are now almost 200 products live on the platform, covering ETFs, ETCs and Fixed Income products. The trading platform continues to widen its off


Former non-exec in £9m Arden bid

Arden – which is run by chairman Howard Flight and chief executive Jonathan Keeling – said that, while trading in the first four months of its financial year had been satisfactory, it had an uncertain outlook for the second-half of the year.


RHJI's Kleinwort Benson AUM rise 10.6 pct

The Belgian company previously had large holdings in Japanese firms but began a transformation towards becoming a financial services group after the purchase of Kleinwort Benson from Germany's Commerzbank in 2009.


NYSE Euronext plans own futures clearing house

The move to launch its own clearing unit next year and start moving business off LCH at that point comes after NYSE's rival, the London Stock Exchange, entered exclusive talks to acquire LCH in September last year.


Bank of China unit applies to London Metal Exchange

It will be the first bank from China, the world's largest consumer of industrial raw materials, to become a member of the exchange that is the world's biggest marketplace for metals including copper, aluminium and nickel.


Cable seeks fund managers to guide green investment

The Department for Business, Innovation & Skills’ UK Green Investments team is looking for experienced fund managers to run investment accounts of up to £100m to invest in the green economy.


UK broker set to take over Hoare Govett index‎

Globally, the outperformance of small caps has strengthened during 2012 as investors have re-examined the merit of small caps investing, in line with the return of investors' risk appetite.