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A private equity firm has taken joint control of FNZ, the platform provider powering the Standard Life and Elevate wraps.
The Financial Services Authority (FSA) is to review its restrictions on the marketing of unregulated collective investment schemes (UCIS) to retail investors as a result of proposed European rules.
Wealth management firm Quilter, owned by Wall Street bank Morgan Stanley, is in discussions about a possible sale to a private equity firm.
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Capita Financial Managers, which wants Arch Cru investors to accept a payoff linked to the sale of assets from the suspended fund range, has admitted that three-quarters of the remaining value of the cells is uncertain.
Private equity firms and businesses deemed to be "asset strippers" will face higher taxes under a Labour government, Ed Miliband will warn today, under plans to judge firms on how they make money.
French insurer Axa is to sell its £18bn private equity arm, according to reports.
Three-quarters of Kent Reliance Building Society members have voted in favour of its deal with US private equity firm JC Flowers, which will see the mutual become a bank.
Witan has handed Veritas an £80m global equity mandate after reallocating funds from the US and Japan.
Just Retirement sales have climbed by more than 25% year-on-year, it reported today.
UK private equity companies reacted angrily last night after a European parliamentary committee proposed widening the scope of a controversial directive for alternative fund managers.
The National Association of Pension Funds (NAPF) has told Britain’s biggest companies to keep the lid on executive pay and bonuses or risk shareholder revolts, as it steps up its campaign to improve corporate governance in UK boardrooms.
Gartmore is being prepared for a stock market flotation which could take place before Christmas, The Times reports.
Evercore Pan-Asset Capital Management has released four model portfolios offering retail investors dynamic asset allocation via ETFs.
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