F&C links with Allfunds to offer funds in Italy
F&C Investments has signed a distribution agreement with Allfunds Bank.
Industry
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Prudential finally launches delayed rights issue
UK insurance giant Prudential managed to launch its delayed £14.5bn rights issue today, to buy AIA.
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Guernsey consults on company law revisions
Guernsey is considering a number of changes to its 2008 companies law
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Man Group to acquire GLG for $1.6bn
Man Group has reached an agreement to acquire New York-listed GLG for $1.6bn.
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First vote on alternative funds directive today
Members of Econ will vote today on regulations aimed at Europe’s alternative funds industry.
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Sabre to launch Ucits version of Style Arbitrage Fund
Sabre is planning to launch a Ucits III Luxembourg Sicav version of its Sabre Style Arbitrage Fund.
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Three-quarters of UK football clubs are offshore
Almost three-quarters of UK premier League football clubs are based in offshore tax havens.
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Matrix launches Ireland long/short Ucits fund
Matrix has unveiled its first Ucits III vehicle, Matrix Asia Ucits Fund
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Tosca teams with Deustche to launch mid cap fund
Deutsche Bank is partnering with Tosca Fund to launch a Ucits III version of the Tosca Mid Cap Fund.
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Jersey Trust opens Luxembourg office
Jersey Trust Company has opened a Luxembourg office to be headed by Cliff Langford and Roel Schrijen
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SE Asian fund assets surpass 2007 peak
Southeast Asian mutual fund assets surged in 2009 to an all-time high, according to Cerulli.
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CGT rise will see offshore bonds inflows ‘in weeks’
The increase in capital gains tax from 18% to 40% may boost offshore bond sales, say commentators