Edition:
United Kingdom

Simon Jessop

UK watchdog orders shake up of advisers to pension trustees

11:51am GMT

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.

Investors managing $32 trillion in assets call for action on climate change

10 Dec 2018

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

Danske investors bank on Maersk clan to chart course through crisis

05 Dec 2018

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.

Fintech company Calastone to shift fund network to blockchain

03 Dec 2018

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.

REFILE-Permira's debt business nears record 3 bln euros for latest fund - sources

30 Nov 2018

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.

Brewin Dolphin full-year profits buoyed by inflows

28 Nov 2018

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.

RPT-UK hedge, private equity funds seek legal advice on life under Labour

28 Nov 2018

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.

UK hedge, private equity funds seek legal advice on life under Labour

27 Nov 2018

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.

Polar Capital October outflows mar first-half profit jump

26 Nov 2018

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.

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