Research from PwC has revealed that 97% of asset management CEOs are confident that their revenues will increase over the next three years.
According to the latest CBI/PwC Financial Services Survey rising equity markets drove business volumes higher during the quarter to December, with a large majority of investment managers reporting higher fee income.
Italy's energy services provider CPL Concordia has concluded a deal to sell 49% of its European Gas Network (EGN)to Fondo Sistema Infrastrutture and Fondo PPP Italia.
A new PwC poll of major UK asset management firms reveals that a third are unsure they have sufficient internal resource to manage their firm's regulatory risk.
PwC has appointed a director and senior manager to its real estate practice to help expand its growing asset and investment management services.
According to the latest CBI/PwC Financial Services Survey business volumes in the asset management sector were broadly flat - the first time that they have not grown since June 2012.
Investment managers believe regulation is the biggest challenge to the sector's growth, PwC's Paula Smith says.
The first compliance deadline of the European Markets and Infrastructure Regulation (EMIR) comes into force this Friday, catching many financial and non-financial firms unaware, according to consultancy PwC.
In March 2012, the Portuguese property investment funds returned an annual total return of 0.8% according to the APFIPP/ IPD Portugal property fund index, which consists of 37 property funds with gross asset value under management of €7bn.
The volume of mergers and acquisitions deals in the UK financial services sector decreased by 40% or almost €7bn in the first quarter of 2012, according to professional services firm PriceWaterhouseCoopers.
Optimism in the UK financial services sector rose for the first time in a year this quarter, as employment and volume of business continue to increase, new survey data from the UK Confederation of British Industry and PwC has shown.
The risk of another global recession and a renewed banking crisis is high, according to the latest annual global survey conducted by the UK-based Centre for the Study of Financial Innovation (CSFI).
The volume of business in UK financial services continues to grow despite a fall in sentiment and employment levels this quarter.