Companies
PIMCO calls Gross lawsuit ‘legally groundless’
In the latest twist of the Bill Gross versus PIMCO saga the latter hit back, calling the veteran manager’s claims “legally groundless”.
Aegon sees UK life sales dive as Asia business soars
Dutch-headquartered life group Aegon reported a 30% third quarter fall in its total UK life sales but also revealed a more than 50% leap in Asia compared to the same period in 2014.
Guernsey investor takes stake in MitonOptimal International
MitonOptimal International, the Guernsey-headquartered discretionary fund management company, has revealed that Bailiwick Investments has taken an 11% stake in the group’s business.
Liontrust targets demand for alternative assets across Europe
Liontrust is looking forward to gathering European assets in the alternatives space, focusing on the smaller wealth management groups and family offices across the continent.
Wells Fargo eyes acquisition of global fund groups
US based bank Wells Fargo is believed to be circling the City of London to bolster its fund management capabilities, according to reports.