01/04/2012
Profitability ‘key challenge’ for asset managers, Deloitte
Accountancy firm says main challenge affecting investment managers’ profitability are “cautious clients”.
Alternative Investments
01/03/2012
M&G Investments appoints deputy fund manager on two funds
Both funds, worth £548 million and £419 million respectively, will continue to be co-managed by Michael Godfrey and Matthew Vaight.
01/02/2012
Cable refuses to back knighthood for Tory hedge fund millionaire
His company, Lansdowne Partners, made £100 million during the financial crisis when it bet successfully that the value of shares in Northern Rock and other banks would tumble.
12/30/2011
Chinese Billionaire Seeks Denmark, Finland Investments
The developer is planning to spend “tens of millions” of U.S. dollars for so-called holiday villages in the two countries, he said in Shanghai.
12/30/2011
Men Take Lead In Financial Decisions, Reveals HSBC Report
HSBC’s The Future of Retirement programme is a leading independent study into global retirement trends. It provides authoritative insights into the key issues associated with ageing populations and increasing life expectancy around the world.
12/29/2011
UK has to make voice heard in 2012, warns IMA
The UK will have to work increasingly hard next year to make sure it has its say on a number of incoming European financial regulations, the Investment Management Association says.
12/29/2011
City offices bought by Saudi investor
The property, developed by Helical Bar, comprises 101,516 sq ft of office space in the City of London.
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.
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.