02/25/2013
Fund Advisers hires ex-deVere Lodge, others, as it eyes major Gulf expansion
The Dubai operation is being set up as a separate trading entity of the European company
Alternative Investments
02/25/2013
Oddo AM launches HY target maturity bond fund
Setting out its plans further, Oddo said it intends to use the fund to further its presence in the emerging market debt markets and bolster its existing range of target-to-date bond funds.
02/24/2013
FundExpert/Hargreaves Lansdown clash over global income funds' payout stance
More than 50 per cent of global equity income funds cut payouts to investors in 2012
02/24/2013
Luxembourg Stock Exchange and Altus to Cooperate on a Fund Market Infrastructure
The Luxembourg Stock Exchange is creating a market infrastructure, which will provide services to substantially support, facilitate and standardize the cross-border distribution of funds.
02/24/2013
Bank of England close to yuan deal
Deal with People's Bank of China would help City of London become trading hub for world's fastest growing currency
02/24/2013
Insight, Northern Trust, Schroders, Among Winners of Inaugural aiCIO European Innovation Awards
Cardano and Deutsche Bank pick up awards at our first prize-giving for innovation in Europe.
02/24/2013
New Hedge Fund Deposits to Triple, Deutsche Bank Says
Hedge fund assets worldwide may increase 11 percent to $2.5 trillion by year-end
02/22/2013
SS&C GlobeOp Forward Redemption Indicator up in February
"Year-to-date February redemption notices fall well below average over the index history," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.
02/21/2013
Scottish Life launches six new investment funds
“Scottish Life selects funds which either increase coverage into new sectors or which have a strong track record of delivering competitive returns to provide real value."
02/21/2013
FundsNetwork concerned over rising clean fee costs
FundsNetwork would not be forcing advisers into clean share classes, though admittedly there was "a clear direction of travel," he added.
02/21/2013
Leading international legal practice advises on three fund-raisings in one day
The three funds are Greencoat UK Wind plc, TwentyFour Income Fund Ltd and NB Global Floating Rate Income Fund Ltd.
02/21/2013
Old Mutual to merge away Skandia UK Best Ideas
OMGI said the two funds represented "an area of overlap" in its fund range following the merger of Old Mutual Asset Managers and Skandia Investment Group into OMGI.
02/20/2013
ABN Amro Plans to Call Some Bonds as European Union Ban Expires
The EU rule blocking early repayment of ABN Amro capital instruments expires March 11
02/20/2013
Aegon distribution arms post £2m loss
Aegon’s distribution arms Origen and Positive Solutions have posted a combined loss of £2m for 2012
02/20/2013
BNP Paribas wins sub custody recognition in 22 markets
This marks the first industry recognition for sub custody in three markets for BNP Paribas – Australia, Brazil and India.
02/20/2013
M&G American and M&G Global Leaders removed from the Wealth 150
The M&G American Fund and M&G Global Leaders Fund have been removed from the Wealth 150 list of our favourite funds across the major sectors.
02/20/2013
Deutsche Boerse: Joint Venture Scoach Ending June 30
The venture, offering structured products in Switzerland and Germany, will be terminated
02/19/2013
Henderson Strategic Bond Fund removed from the Wealth 150
Over the past three years, conditions have generally been favourable for bond markets, but where there have been setbacks the fund has not offered as much shelter as we would expect.
02/19/2013
Standard Life leaves Bumi fight in balance
Standard Life’s decision comes a day after one of the Bakries’ allies unexpectedly sold a 10 per cent stake.
02/19/2013
Two new deputy chairmen and investor-appointee for AIMA council
The Alternative Investment Management Association (AIMA), the global hedge fund association, has announced two Deputy Chairmen from its existing Directors and also an investor-appointee to the AIMA Council.