Markets
Regions - United KingdomRSS
3i to buy Barclays’ £780m infrastructure fund arm
Private equity firm 3i Group is set to buy Barclay’s £780 million infrastructure fund management business, in a bid to raise fee income.
Why Baillie Gifford’s A-rated UK equity man is shopping overseas
Citywire A-rated Gerard Callahan, manager of the Baillie Gifford UK Equity Alpha fund, has increased his international exposure as a back-up plan against turbulence in the UK domestic economy
Chelverton plans European income trust for ex-Montanaro fund head
Chelverton Asset Management is planning to launch a European equity income trust for new recruit Ralph Singleton, who departed Montanaro Asset Management earlier this year, Wealth Manager understands.
Arigatou Japan! Is Nikkei still world's top equity hotspot?
After partying hard for the last few weeks, investors woke up to a splitting Japanese hangover this morning, but asset allocators still see plenty of potential in the nation's stockmarket.
Threadneedle UK small cap head takes 'extended sabbatical'
Dan Vaughan has decided to take some time out from the industry after 13 years at Threadneedle.
Bluefield to target income seekers with £150m solar trust launch
Bluefield Partners is seeking to raise £150 million for a new London listed fund focused on solar energy investments.
BlackRock-Credit Suisse ETF deal delayed after OFT asks for more time
The Office of Fair Trading has said it needs more time to look into BlackRock's acquisition of Credit Suisse's exchange traded funds business.
Cofunds chair Eppinger steps down as L&G seals takeover
Cofunds chairman Charlie Eppinger has stepped down following Legal & General completing its takeover of the platform.
Investec wealth arm grows profit to £50.7m in 'encouraging' year
Investec Wealth & Investment has increased its profit by close to a third year-on-year.
WH Ireland's Scott retires from stockbroker's board
WH Ireland's John Scott has retired from the stockbroker's board, though will continue to run his Manchester clients' portfolios.
Lloyds to land £450m through 15% SJP stake sale
(Update) Lloyds has confirmed it will raise £450 million in gross proceeds by selling a further 15% of its stake in St James's Place.
Shares the pros are buying and selling
We look at five share trades by professional investors in Weir, Fairpoint, Charles Taylor, Hummingbird Resources and Globo.
Lloyds to dump another 15% of its stake in SJP
Lloyds Banking Group is to sell a further 77 million of its shares in St James's Place.
Thomas Miller Investment’s Richards ups exposure to equities and lowers duration
Tom Richards, head of private investment management (offshore) at Thomas Miller Investment (TMI), explains why he is overweight equities and reducing the duration of his fixed income exposure.
Ex-Barclays Wealth man to run six fund of funds for Fidelity
Nick Peters has been appointed lead manager of six multi-manager Sicavs as Rita Grewal and Richard Skelt take up new posts with Fidelity.
The dealmaker: is funds world set for rampant consolidation?
Despite the emergence of behemoth firms like BlackRock in the asset management space, the concentration of assets is limited and more merger and acquisition activity could be on the cards.
What our analysis of more than 10,000 manager moves tells us about star exits
In what is likely to be one of the most significant manager moves of the year, Richard Buxton’s exit from Schroders led a string of high profile departures across the City. But what's the secret to success when a star manager departs? We analysed thousands of switches to find out.
FTSE pulls back after reaching 12-year high
The FTSE 100 has fallen after it soared to its highest level in nearly 13 years on Monday.
Can BT score against BSkyB in new sports TV push?
After much speculation and more than £1 billion of investment, BT has entered sports TV with a bang, promising free Premier League football coverage to its broadband customers.
JP Morgan Private Bank hires SAM Capital Partners' Kennedy
JP Morgan Private Bank has hired SAM Capital Partners Andrew Kennedy as its senior private banker for its UK team.
News sponsored by:
On Citywire today
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
Wealth Manager features
Citywire TV
Why value-sapped private equity may still be worth a punt
Private equity trusts are no longer the value play they once were, however Pantheon's Andrew Lebus explains why they still deserve a place in investors' portfolios.
Sponsored: An uncompromising approach to income
In the current income environment, an understanding of the challenges and opportunities present is crucial to uncovering yield. Read more on this topic in the Income Opportunities supplement, in association with Lazard Asset Management.
Click here to read more.