LONDON Poor competition in the market for advice to pension fund trustees has resulted in "substantial customer detriment", Britain's competition watchdog said on Wednesday.
LONDON Global investors managing $32 trillion in assets have called on governments to accelerate steps to combat climate change, as policymakers meet for talks at a United Nations conference in Poland. | Video
LONDON/COPENHAGEN Danske Bank's top investors are looking to Denmark's Maersk family to steer the country's largest lender through the turmoil of a 200 billion euro ($227 billion) money laundering scandal.
LONDON Calastone, an investment funds transaction network, said on Monday it will shift its entire system to blockchain in May, a move that could slash costs for the sector by billions of dollars a year.
LONDON, Nov 30 Private markets asset manager
Permira's debt business is close to raising around 3 billion
euros ($3.4 billion) for its latest credit fund, two sources
told Reuters, in what would be its largest ever and one of the
biggest in Europe this year.
LONDON British wealth manager Brewin Dolphin on Wednesday posted a 18.9 percent rise in full-year pretax profit, boosted by inflows of new client cash and the impact of an acquisition.
LONDON, Nov 27 British hedge and private equity
funds are seeking detailed legal advice over how to deal with
any return to power of the opposition Labour Party, which has
shifted sharply to the left since it was last in government.
LONDON British hedge and private equity funds are seeking detailed legal advice over how to deal with any return to power of the opposition Labour Party, which has shifted sharply to the left since it was last in government.
LONDON British asset manager Polar Capital said total assets fell 7.5 percent in October on the back of a broad stock market selloff, taking the shine off a jump in half-year profit.