03/19/2012
The $600-billion fund, which invests the Norwegian state’s tax revenues from oil and gas activities abroad, suffered its third-worst result in percentage terms since its inception in 1998, declining 2.5 per cent.
03/19/2012
The lender is due to open its eleventh branch in High Wycombe, Buckinghamshire, tomorrow, and has plans for a further nine branches this year and 200 branches over the next decade.
03/17/2012
Italy viewed the payment to exit the contracts as cheaper than to renew them, the person said.
03/16/2012
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.
03/16/2012
Skandia Investment Group (SIG) has dropped JP Morgan and Goldman Sachs from its global equity and European equity fund mandates respectively.
03/16/2012
The Hedge Fund Journal selected RBC Dexia based on the company's depth and breadth of experience providing support and service to the alternative UCITS segment.
03/16/2012
Man Group is seeing demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region, said Chief Executive Officer Peter Clarke.
03/15/2012
STATE STREET bank’s Irish headquarters in the south Dublin docklands is expected to be offered for sale as part of Ulster Bank’s disposal of €1 billion of distressed property loans over the coming months.
03/15/2012
F&C attributed the fall in outflows and AUM to withdrawals from its strategic partners business.
03/14/2012
A strong performance in Canada and further cost cutting has delivered a 28% increase in operating profit for Standard Life.
03/14/2012
The difference between the best and worst performing hedge funds is narrowing, according to new research, but the number of new funds being launched is still approaching pre-crisis peaks.
03/14/2012
Sovereign wealth funds (SWFs) and cash-positive pension funds from Asia and the Middle East are an emerging force behind the high level of global capital currently flowing into the Central London commercial real estate market, according to the latest rese
03/13/2012
MEI, headquartered in the Dutch city of Deventer, manages nine separate funds for Dutch investors all focused on Central and Eastern Europe. 24 staff from MEI will join Palmer Capital.
03/13/2012
The group has now decided to expand its offering by launching a joint venture with Margetts Fund Management, headed up by CEO Toby Ricketts.
03/13/2012
Jon Asgeir Johannesson, the former Icelandic billionaire being sued by the bank that helped fund his expansion into the U.K., is planning to build a new retail “kingdom” there once he emerges from litigation.
03/13/2012
Created in 2003, the asset manager NewAlpha is today a fully-owned subsidiary of OFI Group. With 47.2 billion euros in assets under management (as at the end of December 2011), it is one of the leading players in the French asset management market.
03/12/2012
The group said it had reined in its TERs using initiatives such as buying up baskets of stocks directly, rather than owning exchange traded funds, in sectors such as UK, US and Japanese equities.
03/12/2012
The LSE will pay up to €463m (£387m) for a full 60 per cent stake and less if it only gets the minimum 50 per cent plus one share.
03/12/2012
The partnership will seek to “unlock significant value through redevelopment, refurbishment and other asset management initiatives” from office buildings in London, according to the statement.
03/12/2012
The two new offerings will complement Investec’s three existing funds, to form a complete managed solutions range.