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United States

Simon Jessop

Aviva, NatWest to join 'Brexodus' of business to EU

Feb 19 2019

LONDON England's High Court on Tuesday gave Aviva, Britain’s second largest insurer, approval to transfer around £9 billion in assets to a new Irish company just before the starting gun is fired on Brexit.

UK clearing houses approved to continue EU business under no deal Brexit

Feb 18 2019

LONDON Europe's financial markets regulator has given UK-based derivatives clearing houses permission to continue serving EU clients in the event of a no-deal Brexit - a major boost to London's battle to remain the central market for euro clearing.

UPDATE 1-UK clearing houses approved to continue EU business under no deal Brexit

Feb 18 2019

* ESMA says to limit disruption from a no-deal Brexit (Combines stories, adds ESMA quote, background, bullet points)

Trust in tailings? Vale dam disaster spurs investors into action

Feb 15 2019

LONDON Seeking assurances from Brazilian miner Vale by phone after a second deadly dam disaster in three years is not enough for Sasja Beslik. He plans to fly there himself to get answers.

Standard Life Aberdeen preps for job cuts: sources

Feb 15 2019

LONDON/EDINBURGH Standard Life Aberdeen (SLA) plans a fresh round of job cuts in the coming weeks as part of a broader cost overhaul aimed at shoring up investor confidence after a year of heavy outflows of client cash, four sources told Reuters.

Ashmore CEO stake sell-down plan knocks fund manager's shares

Feb 14 2019

LONDON Ashmore's shares slumped on Thursday as the chief executive and majority owner of the emerging markets-focused fund manager revealed plans to sell down his stake, overshadowing a rise in assets under management.

UPDATE 1-Ashmore CEO stake sell-down plan knocks fund manager's shares

Feb 14 2019

* Shares 6.3 pct as CEO flags stake sell-down (Recasts, adds share reaction, analyst reaction)

Fund manager Ashmore's H1 assets up 3.8 pct on net inflows

Feb 14 2019

LONDON, Feb 14 Emerging markets-focused fund manager Ashmore posted on Thursday a 3.8 percent increase in assets under management on the back of net inflows and said the outlook was positive.

'Socially Conscious' mutual fund launches at record high

Feb 06 2019

(This Feb 6 story corrects Anastasia Georgiou title in paragraph four to .. Director of Product Management ..not.. analyst)

Just Group full-year total new business sales up 15 percent

Feb 06 2019

LONDON British retirement services specialist Just Group said on Wednesday that total new business sales for the year to end-December were up 15 percent, helped by strong demand from companies to pass on pension scheme risk.

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