07/31/2014
AIFMD is an EU directive that came into force on 22 July 2013. It regulates EU and non-EU fund managers that market alternative investment funds to investors domiciled, or with a registered office in the EU.
07/31/2014
The profit, revealed in three-month figures for US parent Invesco, followed the UK division’s simplification of its charging structure, adopting a single Fund Management Fee.
07/30/2014
Jupiter Fund Management (JUP.L) said funds under management (FuM) rose to a record 33.1 billion pounds in the June quarter, boosted by net inflows worth 1.3 billion pounds, mainly into its fixed income products.
07/30/2014
JOHCM’s offering is limited to equity funds at present, but CEO Gavin Rochussen told Investment Week the group wants to respond to demand for solutions for retirees seeking income by potentially launching a multi-asset range.
07/29/2014
He will be joined by Farhang Mehregani, the former chief investment officer of Sciens Alternative Investments as one of the partners, two of the sources said.
07/28/2014
Patrizia’s WohnModul I fund, set up for a German pension fund in 2012, will buy the 5,500-unit portfolio by year-end.
07/28/2014
Four funds have been dropped from Sanlam Private Investments’ White List of UK equity income outperformers, to be replaced by offerings from Threadneedle, RBS, Fidelity and Invesco Perpetual.
07/28/2014
Wells Fargo Asset Management has chosen Fundstore.it, the online platform of Banca Ifigest, to distribute its Sicav sub-funds of the Wells Fargo (Lux) Worldwide Fund for the first time online in Italy.
07/27/2014
Taking advantage of high stock market valuations and low volatility, private equity firms such as Nordic Capital are scrambling to list their holdings, many of them bought during the deal-making heyday before the financial crisis.