03/06/2014
A requirement that managers of UCITS funds take at least 50% of their bonuses in the funds they oversee has created uncertainty in Europe’s asset management industry, though some say the matter has been overblown.
03/06/2014
The insurer, which today reported full-year results, said it found evidence last year of “improper allocation of trades” in fixed income by Aviva Investors from 2006 to 2012.
03/05/2014
Goldman Sachs Asset Management has announced that 47 of its Luxembourg domiciled Sicav Ucits are now within UK Investment Management Association sectors.
03/05/2014
Legal & General has posted a 10 per cent increase in pre-tax profit for 2013 from £1.03bn to £1.13bn, driven by £17bn net inflows across its investment arm and the Cofunds platform.
03/05/2014
The deal closes a chapter in Jupiter's history, with the exit of a shareholder that first bought in during 2007 to back a management buyout from former owner Commerzbank.
03/05/2014
The chairman of the Ballie Gifford-managed trust, said the decision to reduce the AMC to 0.3 per cent from 0.32 per cent from 1 April 2014 should improve long term returns for investors.
03/04/2014
What does Woodford’s new venture mean for UK fund management?
As Neil Woodford’s new venture readies an income fund launch for May, industry insiders anticipate that the star manager could attract billions of pounds within months as rival managers lose out.
03/04/2014
Invesco launches mixed asset fund for ex-GARS trio
Development of the Luxembourg-domiciled fund is designed to capitalise on increased interest for risk parity funds among clients, Invesco said.
03/03/2014
Direct investors pay more for funds
Millions of savers who have put money directly into investment funds as opposed to through a broker are being denied price cuts given to other investors.
03/03/2014
It will operate as a real estate investment trust, or REIT - listed vehicles that typically invest in income-producing assets, such as rental properties.
03/03/2014
Could the traditionally open UK fund market be heading towards European-style concentration?
03/03/2014
“As an EU and Eurozone member, Malta offers a regulatory framework that is fully harmonised with EU and OECD rules, yet a sophisticated and flexible domicile for the financial services industry,” he said.
03/03/2014
One of Europe's biggest hedge-fund companies plans to hire up to 100
He said in an interview that the investment firm, which has yet to report its 2013 results, had £154 million in net income last year, with revenue of £324 million.
03/03/2014
Deloitte's Center for Financial Services recently published its 2014 outlook for alternative investment managers.
03/03/2014
There are now 46 billionaires in the world who have derived most of their wealth from managing hedge funds.
03/03/2014
The FMF represents a fund’s ongoing charge. Now, a number of other major fund groups have said they are preparing to make similar changes.
03/03/2014
In 2013, there was increased focus on how asset owners and asset managers fulfilled their investor stewardship responsibilities.
03/03/2014
About €1.5 trillion in alternative assets are administered in Ireland
03/03/2014
All of a sudden, hedge funds and asset management firms have a few new job titles that need filling. And they’re not your normal trader or research analyst positions.
03/03/2014
The annual management charges on these funds for Hargreaves customers will be 0.17 per cent lower than the standard charges, according to Danny Cox, head of retail at the firm.