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Investment Management & Fund Operators

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Steinhoff: Sale Of Shares In PSG Group Limited

Friday, 15 Dec 2017

Dec 15 (Reuters) - STEINHOFF ::DGAP-ADHOC: STEINHOFF INTERNATIONAL HOLDINGS N.V. : SALE OF SHARES IN PSG GROUP LIMITED <<>>.HAS TODAY SOLD APPROXIMATELY 20.6 MILLION SHARES IN PSG GROUP LIMITED ("PSG"), AN INDIRECT AFFILIATE OF COMPANY.SALE PRICE WAS R230 PER PSG SHARE.SHARE SALE RELATES TO APPROXIMATELY 9.5% OF ISSUED SHARE CAPITAL OF PSG.FOLLOWING SHARE SALE, COMPANY'S INDIRECT INTEREST IN PSG HAS REDUCED FROM 25.5% TO APPROXIMATELY 16.0%.PROCEEDS FROM SHARE SALE, BEFORE COSTS, AMOUNT TO APPROX ZAR4.7 BILLION (BEING APPROXIMATELY EUR293 MILLION).PROCEEDS WILL BE USED IN SUPPORT OF OPERATIONAL ACTIVITIES.

Affiliates Of Apollo Natural Resource Partners II To Acquire Phoenix Services

Friday, 15 Dec 2017

Dec 15 (Reuters) - Apollo Global Management Llc ::AFFILIATES OF APOLLO NATURAL RESOURCE PARTNERS II TO ACQUIRE PHOENIX SERVICES.PHOENIX SERVICES LLC - ‍TERMS OF TRANSACTION WERE NOT DISCLOSED. ​.

GFA unit to set up restaurant and apparel related JVs with MN Design Office

Friday, 15 Dec 2017

Dec 15 (Reuters) - GFA Co Ltd <8783.T>:Says co's unit GFA Capital plans to set up restaurant related JV and apparel related JV with MN Design Office Co., Ltd. in January 2018 .Says unit and MN Design Office will hold 20 percent stake and 80 percent stake in the JVs respectively.

Standard Life Aberdeen ‍fund arm 9-mth AUM drops

Friday, 15 Dec 2017

Dec 15 (Reuters) - Standard Life Aberdeen Plc ::AUMA AND FLOWS UPDATE.‍TOTAL AUMA WAS STABLE AT £646.2BN (31 DECEMBER 2016: £647.6BN)​.‍WITHIN TOTAL AUMA, ABERDEEN STANDARD INVESTMENTS ASSETS UNDER MANAGEMENT WERE £569.7BN (31 DECEMBER 2016: £580.6BN)​.‍STANDARD LIFE PENSIONS AND SAVINGS ASSETS UNDER ADMINISTRATION INCREASED TO £182.3BN (31 DECEMBER 2016: £171.6BN)​.‍INTEGRATION OF ABERDEEN STANDARD INVESTMENTS IS ON TRACK​.‍COMBINED BUSINESS HAS EXPERIENCED NET OUTFLOWS, THESE WERE IN LINE WITH OUR EXPECTATIONS​.‍ABERDEEN STANDARD INVESTMENTS GROWTH CHANNEL NET OUTFLOWS INCREASED BY £1.5BN​.‍AN INCREASE OF £4.5BN IN OUTFLOWS FROM OUR INSTITUTIONAL CHANNEL​.

Funds Managed By Affiliates Of Apollo Global Management To Acquire Sun Country Airlines

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Apollo Global Management Llc ::FUNDS MANAGED BY AFFILIATES OF APOLLO GLOBAL MANAGEMENT TO ACQUIRE SUN COUNTRY AIRLINES.APOLLO GLOBAL MANAGEMENT LLC - TERMS OF DEAL WERE NOT DISCLOSED.APOLLO GLOBAL MANAGEMENT LLC - AFFILIATED FUNDS TO BUY SUN COUNTRY AIRLINES FROM MARTY AND MITCH DAVIS.APOLLO GLOBAL MANAGEMENT LLC - JUDE BRICKER WILL REMAIN CEO OF SUN COUNTRY.

UBS Announces Changes To Group Executive Board

Thursday, 14 Dec 2017

Dec 14 (Reuters) - UBS Group Ag ::UBS ANNOUNCES CHANGES TO GROUP EXECUTIVE BOARD.UBS GROUP AG-MARTIN BLESSING, CURRENTLY PRESIDENT PERSONAL & CORPORATE BANKING AND PRESIDENT UBS SWITZERLAND, WILL BECOME PRESIDENT WEALTH MANAGEMENT.UBS GROUP AG -AXEL LEHMANN, CURRENTLY GROUP COO, WILL SUCCEED MARTIN BLESSING AS PRESIDENT PERSONAL & CORPORATE BANKING AND PRESIDENT UBS SWITZERLAND.

Azimut Total Net Inflows In November At Eur 403 Million

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - AZIMUT ::TOTAL NET INFLOWS IN NOVEMBER AT EUR 403 MILLION.

Blackrock To Support Chairman Donald Brydon In London Stock Exchange-TCI Row- Source

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - :BLACKROCK TO SUPPORT CHAIRMAN DONALD BRYDON IN LONDON STOCK EXCHANGE-TCI ROW- SOURCE.

AVIC Capital unit receives administrative penalty order

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - AVIC Capital Co Ltd <600705.SS>:Says its unit, AVIC TRUST received an administrative penalty order from Jiangxi Regulatory Bureau of China Securities Regulatory Commission, due to capital pool related problems .

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