05/29/2014
Man Group in talks to acquire Numeric Investors
Man Group, the British hedge fund manager, is in talks to buy Numeric Investors, a rival Boston-based fund management group, as it seeks to put to work a near $1bn cash pile.
Alternative Investments
05/28/2014
Standard Life Investments total wage bill hits £169m
The total wage bill at Standard Life Investments has risen 28 per cent from £131.9 million
05/28/2014
Horwath HTL appointed advisers and asset managers to new European hotel real estate fund
The fund has a remit to concentrate on hotel assets within the European markets and will be looking to invest in the region of 750 million Euros over the next two to three years.
05/28/2014
Terry Smith to launch emerging markets trust
Reasons include the slowdown in China and last May's 'taper tantrum', when plans to scale back quantitative easing in the US were announced.
05/28/2014
Tributes paid to fund manager killed in 1000-foot Cairngorms fall
Tributes have been paid to an Edinburgh fund manager who has died in a hillwalking accident
05/28/2014
Fidelity cuts passive fund charges to lowest level
Fidelity Worldwide Investment has cut the charges on its index tracker range to the lowest ever level for UK retail investors, as competition among passive fund providers intensifies.
05/28/2014
SocGen buys out minority holders in online broker
SocGen and Spain's Caixa Group now together own 95.9 percent in the group
05/28/2014
UBS restricts ETF securities lending
BlackRock made a similar move in 2012, limiting securities lending in its iShares ETFs to 50 percent following clients’ concerns about exposure to counterparty risk.
05/28/2014
RBS to Cut Hundreds of Jobs in U.S. Trading Businesses
Cuts to Come Over Next Few Months as Bank Seeks to Slim Down Ahead of New U.S. Regulations
05/28/2014
Norwegian Sovereign Wealth Fund Sets Eye on Asia Real Estate Market
Norway’s $860 billion sovereign wealth fund is steering investments toward Asian real estate markets
05/28/2014
Ex-BNP Paribas managing directors launch new hedge fund
Davies joined BNP Paribas after a two-year hiatus from the industry in February 2012
05/28/2014
US boutique unveils Ucits-version of total return fund
It was designed mainly meet interest for the firm's existing Clark Capital Navigator Fixed Income Total Return Investment Solutions from Latin American investors. This fund was launched for US investors in 2005.
05/28/2014
BlackRock pair cut industrials to tap European recovery
Citywire AA-rated fund managers Alice Gaskell and Andreas Zöllinger are finding opportunities in recovering European domestic markets.
05/27/2014
Deutsche Asset & Wealth Management ponder UCITS version of recently launched DWS Strategic Equity Long/Short fund
Lord Abbett is now increasing its footprint as a global investment manager, building on its strong product competencies
05/27/2014
HedgePo: One year in and nearly 1,000 funds as investors and managers find a new way to build relations
HedgePo acts as a central repository for fund allocators
05/27/2014
HDFC and Birla Sun Life have entered a non-binding agreement with Aviva Life
Reports said HDFC and Birla Sun Life have entered a non-binding agreement with Aviva Life
05/27/2014
QT Advisors engaged by hedge funds
Recently launched operational solutions firm QT Advisors is helping a number of hedge fund clients prepare for institutional investor-led operational due diligence reviews
05/27/2014
Émergence selects Bluehive Capital for its 5th and last investment
Authorized under the new AIFM Directive, this new fund invests in various Event Driven strategies, including 'Special Situations' and 'M&A situations’.
05/27/2014
Sanditon poised for trust launch after regulatory go-ahead
It also plans to launch two European open-ended funds – a long-short pan-European strategy and a long-only strategy. Ex-Cazenove manager Chris Rice will run the funds.
05/27/2014
SEEDERS' CORNER: Latest developments within the fund seeding space
Northill Capital may invest in another emerging fund manager next year John Little