Alternatives | 27 May 15
Aberdeen bolts on second alternatives business in two months
Aberdeen Asset Management has agreed to acquire private equity and real assets manager FLAG Capital Management as part of an ongoing bid to scale up its presence in the alternatives space.
Lofoton adds ex-Franklin Templeton manager to European fund team
Boutique fund manager Lofoton Asset Management has appointed an ex-Franklin Templeton portfolio manager to its EI Sturdza Strategic Europe Value Fund team.
East Capital gets asset management licence in Hong Kong
East Capital has been granted a licence by Hong Kong’s chief regulator to market its products in the city.
Multi Media | 26 May 15
Buy high-yielding, stable companies for market beating returns – Castlestone’s Angus Murray
Fund managers focused on meeting benchmarks are missing out on market-beating returns through investments into high-yielding companies, says Angus Murray, chief executive at Castlestone.
United Kingdom | 26 May 15
PFS calls for crackdown on ‘worrying’ unregulated activity
The Personal Finance Society has demanded stricter controls on non-regulated savings and investments to prevent “scammers” from taking advantage of UK consumers.