NEWS

Nov 15, 2010

Office_buildings1Citigroup sold its real estate investment management business to private equity firm Apollo Global Management for an undisclosed sum.

Nov 15, 2010

Globe_AsiaUBS Global Asset Management, the asset manager and fund administration provider, said it is to develop 'on-the-ground' services in the Asia-Pacific (Apac) region in response to client requests. The firm said the move will also help it capture the region's growth potential.

Nov 15, 2010

airborne_bike_risk_410Risk transfer deals by corporate pension schemes reached £9bn by September this year and, according to consultancy Hymans Robertson, a storm of new deals is due to flood the market.

Nov 15, 2010

misys_sophisSoftware provider Misys acquired Sophis, a capital markets software vendor, in an effort to strengthen its buy-side solutions and boost its fund manager clientele.

Nov 08, 2010

Angel_cherub_410If, like me, you are concerned that the UK chancellor, George Osborne, bears more than a passing resemblance to the angel of death, you will be interested (and perhaps relieved) to learn that Britain is no longer fertile territory for Attila-the-Stockbroker type financial services providers.

Nov 08, 2010

Pension_old_woman_410Pension fund trustees in the UK must spend more time on investment matters if problems such as underfunding are to be challenged, consultants say.

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