British wealth manager St. James’s Place on Tuesday posted a 8.3 percent increase in funds under management to a record high, boosted by net inflows of client cash and market gains.
Jupiter Fund Management on Tuesday posted a 3.3 percent increase in quarterly assets under management as market gains more than offset net outflows of client cash.
British water and power firms are trying to soothe nerves over nationalisation in the event of a Labour government, although some fund managers and lawyers doubt so-called Corbyn-proofing will work.
A whistle blower at Swiss asset manager GAM Holding AG who alerted UK financial regulators last year did so over concerns about the purchase of more than half a billion pounds of bonds from commodities tycoon Sanjeev Gupta, according to two people familiar with the matter.
Hedge funds are betting heavily on higher gasoline prices this summer, anticipating that refiners will struggle to produce enough gasoline to replenish depleted stocks while ramping up diesel output for the shipping industry.
PEI Media buys PE HUB; Delos Capital Fund II closes on $275 mln; Shore Capital Fund III targets $250 mln It’s a brave new world at PE HUB. Again. Some of you may have noticed yesterday that Leeds Equity, our owner since December 2016, sold Buyouts Insider to PEI Media Group. Financial terms weren’t announced. PEI is owned by Bridgepoint Development Read more about PE HUB Wire Highlights, 4.9.18[…]
London-based Standard Chartered is expected to pay slightly more than $1 billion (£765 million) to resolve a nearly five-year-old investigation of potential U.S. sanctions violations tied to its banking for Iran-controlled entities in Dubai, as well as a related U.K. probe, according to a person familiar with the matter.
Bridgepoint Development Capital-backed PEI Media Group acquired Buyouts Insider, a digital media and events business with brands like PE HUB, Buyouts, Venture Capital Journal, PartnerConnect events, Regulatory Compliance Watch and Credit Union Leadership Convention. Buyouts Insider was part of Simplify Compliance, a platform backed by Leeds Equity. Financial terms of the deal were not disclosed. Read more about Bridgepoint-backed PEI Media acquires Buyouts Insider, publisher of PE HUB, Buyouts, VCJ[…]