LUXEMBOURG - BNP Securities Services and Franklin Templeton have become customers of Clearstream's investment fund processing solution Vestima, which has over 10,000 funds available on the service and covers most of the Luxembourg market.
UK - Old Mutual has announced a placing of £36m new ordinary shares, arranged by Merrill Lynch International, representing approximately 1.3% of the company’s issued ordinary share capital.
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.