02/10/2014
Lux group converts FoF strategy into Asian equity fund
Banque de Luxembourg has converted its Asia-focused fund of funds strategy into a direct investment Asia equities fund
Alternative Investments
02/10/2014
Thes Big hedge Funds got Crushed In January
Most hedge funds that bet on broad macroeconomic trends lost money in January, hurt by reversing equity markets and wrong-way currency bets.
02/10/2014
Billionaire activist investor planning assault on UK
They have only declined twice, falling 7pc in value in 1998, and 3pc in the annus horribilis that was 2008.
02/10/2014
Innovative life insurance structuring is a very flexible tool in wealth management - Robert MacIntyre, Lombard’s Head of Wealth Structuring Solutions
“These wealthy people are looking to make a tax efficient gift to their loved ones, but with some strings attached.
02/10/2014
Deutsche Asset mulls offer of low-cost ETFs
Deutsche Asset & Wealth Management is creating a range of low-cost, direct replication db X-trackers ETFs, all of which will come with an all-in fee of 0.09% per annum.
02/10/2014
Volatility specialist launches discretionary business
The firm, which specialises in options trading, has received permission to run client money on a discretionary basis under what the FCA terms the 'Variation of Permissions'.
02/10/2014
Old Mutual 'multi-manager' bucks emerging market exodus
John Ventre, head of multi-manager at Old Mutual, has initiated a position in an emerging markets fund, despite widespread flight from the region.
02/10/2014
SEB Sells Singapore Office Asset for $228M; Pays $54M for Tokyo Office Building
SEB Asset Management, the real estate arm of SEB Group, has kicked off 2014 strongly with several notable transactions, especially in the Asia-Pacific commercial real estate market.
02/07/2014
Frankfurt-based Union Investment has launched a convertible bond fund
It will also be able to invest in high yield convertible bonds in order to diversify the portfolio and also to generate higher returns.
02/06/2014
BNY Mellon appointed by Aon Hewitt as fund administrator
he new mandate will also see BNY Mellon providing performance & risk analytics, securities lending and portfolio hedging to Aon Hewitt, which provides fiduciary management services to UK pension schemes.
02/05/2014
Gottex Launches Swedish Multi-asset UCITS Products
The fund is relatively unique in Sweden in that it is truly multi-asset by investing in nine different asset classes.”
02/05/2014
Russian boutique launches regional debt fund
The Luxembourg-domiciled fund, called the VTB Capital IM Russia & CIS Debt fund, was launched with $40 million in seed capital.
02/05/2014
BDO & PKF merger secures AIM auditor stronghold
BDO HAS retained the top spot for total AIM audit clients, as well as moving up to fifth spot for FTSE AIM 100 clients.
02/05/2014
German Boutique launches fund to tap CoCo bond issuance
Munich-based Assenagon Asset Management has launched a fund to focus on contingent convertible bonds.
02/05/2014
Hargreaves pulls u-turn on investment trust charges
Following a wholesale review of its platform charges Hargreaves Lansdown last month said investors who held trusts on its platform would pay an additional charge of 0.45%.
02/04/2014
Hedge funds focused on wealth preservation and European opportunities in 2014
Our asset allocation varied through the year and we took some money off the table when we achieved certain performance goals or we felt that it was necessary.
02/03/2014
Qatar Investment Authority targets Limassol
The Qatar Investment Authority has shown interest into investing in property in the Limassol area, said Christodoulos Angastiniotis
02/03/2014
Bath and the South West law firm expands private client team
In addition to a number of key hires in 2013, the team was further strengthened last month by the acquisition of Wheatley-based law firm, Whetter Duckworth Fowler which has an excellent reputation for its private client and property work.
02/03/2014
Commerzbank in talks to offload Spanish property loans - magazine
Commerzbank's move follows similar steps by other troubled banks
02/03/2014
Hedge funds seek 1.8 billion damages from members of Porsche's owning family
The most recent lawsuit forms part of a legal campaign being waged by hedge funds in various courts across the world, seeking to recoup money which was lost by betting on a decline of Volkswagen's share price in 2008.