Companies
Woodford sold AJ Bell before IPO announcement
Neil Woodford sold out of AJ Bell just before the broker and platform provider confirmed plans to float on the London Stock Exchange.
Australia’s Macquarie Group to buy Luxembourg asset manager
The investment management division of Macquarie Group is to acquire Luxembourg-based ValueInvest Asset Management for an undisclosed sum.
Alternatives | 12 Mar 18
Cryptocurrency exchange puts $250k bounty on hackers
Anyone with information that leads to the arrest of would-be cryptocurrency thieves stands to collect $250,000, after the exchange that was attacked placed a bounty on the hackers’ heads.
Hong Kong’s ‘Toy King’ billionaire sues Convoy director
A Hong Kong billionaire has launched a HK$309m (£28.4m, $39.4m, €31.8m) lawsuit against his business partner and former Convoy director Roy Cho Kawi-chee, who has not been seen since November.
Eastspring establishes onshore presence in China
Eastspring Investments has joined the growing list of foreign asset managers who have set up an investment management wholly-foreign owned enterprises (IM Wfoe) in China.