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Industry News


Citywire

Prudential signs investment bond deal with Santander

Monday, 06 September 2010

Prudential has signed a deal with Santander for its investment bonds to be sold by the bank's 1,000-strong sales force in its branches.

Mattioli Woods targets IFAs for acquisition

Monday, 06 September 2010

AIM-listed pensions advisory firm Mattioli Woods could target IFA firms for acquisition as part of its expansion and plans to branch out into offering consultancy services to IFAs. 

IFP returns to surplus and pays back Shalton and Wheeler

Monday, 06 September 2010

The Institute of Financial Planning (IFP) has returned to surplus and repaid the £75,000 it borrowed from advisers Marlene Shalton and Jane Wheeler after it was hit by a cash shortfall.

M&G's Leaviss to run inflation-linked bond fund

Monday, 06 September 2010

The manager will be appearing in Citywire's studio to explain the full details of the fund later today.

Threadneedle launches UK Absolute Alpha fund

Monday, 06 September 2010

Threadneedle are set to launch the Threadneedle UK Absolute Alpha Fund for Mark Westwood and Chris Kinder.


Money Marketing

Law firm launches regulation update service

Monday, 06 September 2010

CMS Cameron McKenna launches free online service to help firms assess the impact of regulatory reforms.

Santander in deal to distribute Prudential investment bonds

Monday, 06 September 2010

Santander UK has signed an exclusive distriution agreement for Prudential’s Flexible Investment Plan range of funds.

Krombas leaves GLG

Monday, 06 September 2010

Mark Krombas, one of the first retail Middle-East and North Africa managers, has left GLG Partners.

Demand for corporate bonds soars, says IMA

Monday, 06 September 2010

Global bond sector is bestseller with £360.9m of net retail sales in July.

Santander to recruit 600 staff following RBS branch acquisition

Monday, 06 September 2010

Bank has dismissed reports saying figure is 6000.


IFAonline News

Midas begins fund rationalisation

Wednesday, 01 July 2009

Midas Capital is beginning its fund rationalisation programme, bringing its Miton and iimia ranges together through a series of mergers.

Aberdeen completes £297.6m Credit Suisse deal

Wednesday, 01 July 2009

Aberdeen has completed the final closing on its Credit Suisse acquisition, creating a £133.1bn asset manager.

Tesco could bid for Northern Rock - papers

Wednesday, 01 July 2009

Tesco has emerged as a potential bidder for Northern Rock as the Government races to sell the state-owned lender before a general election, The Times has learnt.

JPM launches multi-asset income fund

Wednesday, 01 July 2009

J.P. Morgan Asset Management has launched a new multi-asset income fund, with a target gross yield of one-month Libor +2.5% over a five-year cycle.

Blue Sky products safe from latest Keydata saga - Taylor

Tuesday, 30 June 2009

Blue Sky Asset Management CEO Chris Taylor says the major problems engulfing Keydata will not affect his business.