05/09/2014
Man Group funds under management reach $55bn
This helped boost long only funds under management by $1bn to $16.3bn
Alternative Investments
05/09/2014
Invesco Perpetual launch Global Distribution fund for Causer & Read
Invesco co-fixed income heads Causer & Read, both + rated by Citywire, will continue to have a broad remit in the new fund to invest in a range of bond classes, including investment grade.
05/09/2014
Pimco gets support from CEO of parent Allianz
Allianz SE, defending its Pacific Investment Management Co. unit against shareholder criticism over declining returns and management infighting.
05/09/2014
Nemesis to merge weak Europe fund into stellar global strategy
The European fund currently has £15.9 million of assets under management (AUM), while the global fund runs less than £5 million.
05/08/2014
UK hedge fund industry booms despite wider slowdown in Europe
The majority of European hedge fund managers that have set up business over recent years have been in the UK
05/08/2014
Old Mutual aims to launch high yield bond fund
Od Mutual said the fund will focus on higher yielding corporate bonds as a means to deliver a strong, regular income stream.
05/08/2014
Artemis set to launch five US funds for ex-Threadneedle team
The funds will represent Artemis’ first step into North American equity investing.
05/08/2014
Billionaire investor Boosts Investments In Greece
Many money managers believed that investing in Greek banks in the best opportunity
05/08/2014
UK independent fund manager launches new Asian macro hedge fund
Said in a statement that the fund launch was the largest of its its kind in the region over the last 12 months
05/08/2014
Norway Wealth Fund Wins Labor Backing to Buy New Asset Classes
The 53-year-old is the front-runner to become Labor Party leader to replace Jens Stoltenberg
05/08/2014
Flexible bond managers up emerging market debt exposure
Bond fund managers with flexible mandates have started to shift money towards emerging market debt as this previously unloved asset class has started to show signs of attrative valuations.
05/08/2014
Eiopa Launches Euwide Insurance Stress Test
The European Insurance and Occupational Pensions Authority launched today an EU*wide stress test for the insurance sector.
05/08/2014
Generali to build London scheme after M&G signs on as tenant
Italy's largest insurer Generali has secured fund manager M&G as the first tenant for its 420 million pound London office development, allowing it to start construction of the 13-storey tower.
05/07/2014
Multi-asset specialist ups UK reach with Pennine deal
The appointment comes after a review of the range by Pennine, which resulted in Premier Asset Management and Aria Capital Partner being removed from mandates.
05/07/2014
L&G plays down annuity fears as it unveils record results
The insurer also welcomed the government’s capping of charges on auto-enrolment default funds at 75 basis points, saying it expects to benefit as it already run schemes with a cap of 50bps.
05/07/2014
City Financial unveils Adviser Centre fund ratings service
Peter Toogood and Gill Hutchison set out to unearth new talent in fund management with free online research service.and Gill Hutchison set out to unearth new talent in fund management with free online research service.
05/07/2014
Schroders hands Howard-Spink’s £1bn fund to Sym
Leon Howard-Spink will relinquish management of the Schroder European Alpha Plus fund from 1 June.
05/07/2014
Hermes promises return to profitability this year
It has spent large sums on recruiting portfolio managers and sales staff
05/07/2014
Aite Group predicts that the dawn of the FX TCA industry has just arrived
Aite Group conducted a survey with a representative sample of buy-side FX TCA customers around the globe regarding their views on the quality of FX TCA tools available as well as their outlook on the current state of the FX TCA industry.
05/07/2014
ING cuts bank loan losses as insurance sale gets go-ahead
Dutch financial group ING ING.AS cut loan losses faster than expected in the first quarter and gained regulatory approval for the sale of its insurance business, taking the sting out of weaker-than-expected underlying earnings.