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Ireland Reports Surge In AIFMD Activity

About €1.5 trillion in alternative assets are administered in Ireland

Spate of unusual hires on the buy-side

All of a sudden, hedge funds and asset management firms have a few new job titles that need filling. And they’re not your normal trader or research analyst positions.

Hargreaves Lansdown defends relaunched Wealth 150 despite absence of investment trusts

The annual management charges on these funds for Hargreaves customers will be 0.17 per cent lower than the standard charges, according to Danny Cox, head of retail at the firm.

Old Mutual IFRS Profit After Tax Down

For the year, adjusted operating pre-tax profit remained flat at 1.61 billion pounds, while adjusted operating profit after tax attributable to ordinary equity holders of the parent rose to 890 million pounds, from 841 million pounds in 2012. Adjusted ope

Euroclear reports a record EUR 24.2 trillion in assets under custody

The number of netted transactions settled in the Euroclear group grew by 7.1% to a record 170.4 million

Spanish billionaire to list property holdings worth 5 bln euros

to group the assets in a vehicle known as a SOCIMI, a new instrument in Spain that offers tax perks.

Down but Not Out

Europe's ETF Market is Staging a Comeback

Danske Bank to sell Denmark's first Additional Tier 1 bond

Danske Bank is preparing to sell Denmark's first Additional Tier 1 bond and has hired Bank of America Merrill Lynch, BNP Paribas, Danske Bank, Goldman Sachs, HSBC and JP Morgan to act as lead managers.

Jupiter profit jumps 55%

Jupiter’s pre-tax profit surged by 55% in 2013, despite its funds’ performance waning and margins tightening.

Standard Life pre-tax profits dip 13% in 2013

Insurer and asset manager Standard Life reported a 13% dip in pre-tax profits for 2013, despite strong inflows.

Man Group Rises on $115 Million Share Buyback and Client Inflows

Man Group Plc, the world’s largest publicly traded hedge-fund firm, rose the most in 10 months after announcing a $115 million stock buyback and saying clients added money to its funds for a second straight quarter.

Danish banks warn off hedge funds

The biggest banks in Denmark’s €402bn mortgage market say hedge funds looking for ways to bet against the industry are setting themselves up for losses.

Invesco Perpetual overhauls fund charges with single fee

Invesco Perpetual has introduced a new single fund management fee across its entire fund range.

Luxembourg pension fund boycots major Israeli banks

The Walla report highlighted that the direct impact of this boycott could be zero

UK fund manager aims to double assets by 2018

Fund manager Henderson Group is aiming to double its assets by 2018 to about 150 billion pounds and its top target is a deal in the United States to fill "a big gap" in the company's business mix.

Kirill Pyshkin sets out plans for new Mirabaud fund

Mirabaud Asset Management’s new hire Kirill Pyshkin is looking to focus on dividend growth stories as he outlines the kind of fund he would like to launch.

British SMEs show appetite for growth as number listed on AIM could double

90% of those SMEs listed on AIM have seen a positive impact on their business and 43% state they have seen a significant positive impact.

Pirate island saved: Planning permission granted for 'Caribbean paradise' built by multi-millionaire family

Photographs of the island sparked amazement around the world when they emerged last July, showing a private hideaway designed to look like an abandoned 18th-century colonial outpost.

Schroders buys Chelmsford retail park

Originally developed in 1995, The Meadows Retail Park is configured to provide eight individual units arranged as four warehouse units, three smaller retail units and a leisure unit.

Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected: JO Hambro Capital boss stands firm in fund price war

Our view is if we focus on performance, we need to keep a close watch on capacity, because volume destroys performance.

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