12/29/2011
Citigroup selling Belgian retail assets
A spokesman for CMNE declined to detail the value of the transaction but said it would include Citigroup's credit card and consumer loan businesses in the country.
Alternative Investments
12/28/2011
Carlyle launches new financial firms buyout fund
The new fund, Carlyle Global Financial Services Partners II, has a minimum commitment threshold for investors of $10 million and intends to fundraise for more than a year
12/27/2011
Brazil overtakes UK as sixth-largest economy
UK relegated to seventh place in world league of leading economies in 2011, according to team of economists
12/27/2011
Hedge funds hammered in one of worst years on record
Hedge funds have suffered their second worst year on record as volatile markets, plunging commodities and political uncertainty torpedoed the investment plans of even the $2 trillion (£1.28 trillion) sector's biggest stars.
12/23/2011
Third of investors want to invest more ethically
Thirty-five per cent of investors believe they should act ethically although they have yet to enter the ethical investment market, research has showed.
12/20/2011
Brooks Macdonald fund acquires Birmingham property
The property - which is part of the £600m Masshouse development - has a gross yield of 5.45% per annum.
12/20/2011
UK fund manager sells PE stake
Interest in private equity fund-of-funds manager, acquired as part of the merger with Gartmore, sold to co-investor.
12/19/2011
Dollar trumps gold as safe haven
In contrast, gold tumbled 8.8 per cent to its lowest in almost three months at $1,560 a troy ounce.
12/19/2011
Hedge fund partners earn $3bn amid crisis
Of the trio – Brevan Howard, BlueCrest Capital and Winton Capital – only one, Winton, remains formally domiciled in Britain, however.
12/08/2011
Jersey fund migrates to Ireland
The fund, BlueAlpha Global Equity Fund plc (“BlueAlpha”), successfully migrated and has been authorised in Ireland as a UCITS fund.
12/06/2011
Major hedge fund index drops in November
Following the decline in major component strategies
12/01/2011
Global bank launches new frontier markets fund
Andrea Nannini will manage the new fund, which is benchmarked against the MSCI Frontier Markets Capped Index.
12/01/2011
Hedge fund managers 'believe Italy and Spain will default'
A majority of managers, 94 per cent, have called for European leaders to increase money easing, while 80 per cent think the US Federal Reserve's 'operation twist' will make no difference to the situation.
11/30/2011
MF Global to return 'significant' funds
In the US, MF Global's customers are angry at the failure of authorities to locate an estimated $1bn (£639m) in missing funds.
11/30/2011
Money found in Britain may belong to MF Global
Representatives for both MF Global and JPMorgan declined to comment. A spokesman for the MF Global trustee, James W. Giddens, declined to comment.
11/29/2011
China Investment Corporation mulls UK investment
Lou Jiwei, the head of CIC, told the Financial Times that the fund was looking at public-private-partnerships in the UK.
11/29/2011
Former Liontrust exec debuts new fund
The OEIC will be comprised of 50 global listed stocks and will aim to outperform the MSCI World TR benchmark.
11/23/2011
UK regulator fines hedge fund compliance officer for post-Lehmans failings
The hedge fund official failed to spot attempts by an employee to hide huge losses caused by the collapse of the firm
11/22/2011
Equity and credit based strategies among top performers in October - report
The Dow Jones Credit Suisse Hedge Fund Index posted its largest monthly gain since April and finished up 1.73% in October
11/21/2011
Hedge funds's redemption requests up in November
The increase in exits reflects the adverse effects of market volatility