03/03/2014
Soros, Paulson in Spanish property REITs investments
It will operate as a real estate investment trust, or REIT - listed vehicles that typically invest in income-producing assets, such as rental properties.
Alternative Investments
03/03/2014
Platforms: In Europe the big banks rule, OK
Could the traditionally open UK fund market be heading towards European-style concentration?
03/03/2014
Malta platform launch for niche alternative fund managers
“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
2014 Alternative Investment Outlook - Championing Growth
Deloitte's Center for Financial Services recently published its 2014 outlook for alternative investment managers.
03/03/2014
The World's Hedge Fund Billionaires
There are now 46 billionaires in the world who have derived most of their wealth from managing hedge funds.
03/03/2014
Fund giants back action on charges as Invesco becomes first to scrap AMC
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
Governance & Stewardship Under Review at Standard Life Investments
In 2013, there was increased focus on how asset owners and asset managers fulfilled their investor stewardship responsibilities.
03/03/2014
Ireland Reports Surge In AIFMD Activity
About €1.5 trillion in alternative assets are administered in Ireland
03/03/2014
Spate of unusual hires on the buy-side
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
Hargreaves Lansdown defends relaunched Wealth 150 despite absence of investment trusts
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.
02/28/2014
Old Mutual IFRS Profit After Tax Down
For the year, adjusted operating pre-tax profit remained flat at 1.61 billion pounds, while adjusted operating profit after tax attributable to ordinary equity holders of the parent rose to 890 million pounds, from 841 million pounds in 2012. Adjusted ope
02/28/2014
Euroclear reports a record EUR 24.2 trillion in assets under custody
The number of netted transactions settled in the Euroclear group grew by 7.1% to a record 170.4 million
02/28/2014
Spanish billionaire to list property holdings worth 5 bln euros
to group the assets in a vehicle known as a SOCIMI, a new instrument in Spain that offers tax perks.
02/27/2014
Down but Not Out
Europe's ETF Market is Staging a Comeback
02/27/2014
Danske Bank to sell Denmark's first Additional Tier 1 bond
Danske Bank is preparing to sell Denmark's first Additional Tier 1 bond and has hired Bank of America Merrill Lynch, BNP Paribas, Danske Bank, Goldman Sachs, HSBC and JP Morgan to act as lead managers.
02/27/2014
Jupiter profit jumps 55%
Jupiter’s pre-tax profit surged by 55% in 2013, despite its funds’ performance waning and margins tightening.
02/27/2014
Standard Life pre-tax profits dip 13% in 2013
Insurer and asset manager Standard Life reported a 13% dip in pre-tax profits for 2013, despite strong inflows.
02/27/2014
Man Group Rises on $115 Million Share Buyback and Client Inflows
Man Group Plc, the world’s largest publicly traded hedge-fund firm, rose the most in 10 months after announcing a $115 million stock buyback and saying clients added money to its funds for a second straight quarter.
02/27/2014
Danish banks warn off hedge funds
The biggest banks in Denmark’s €402bn mortgage market say hedge funds looking for ways to bet against the industry are setting themselves up for losses.