09/04/2012
A contemporary of David Cameron's at Oxford University, Mr Chester took the dramatic step after his hedge fund, Pentagon Capital Management, was fined $98.5m earlier this year for allegedly engaging in late trading in mutual funds between 1999 and 20
09/04/2012
Pricing is expected before regular trading opens today in New York, with settlement on Sept. 10, ING said in a separate statement.
09/03/2012
The Fund aims to deliver an annualised gross excess return of eight per cent per annum over LIBOR using currency, sovereign and credit strategies, and is scheduled to launch in October 2012.
09/02/2012
Barclays Capital, the investment arm of the bank, has prompted fresh criticism after they reportedly made more than £500million by speculating on food staples while millions around the world face starvation and crippling food prices.
09/02/2012
Excellence will be identified at the fund manager, team and house level, drawing upon the qualitative insights and assessments from a team of fund analysts who review and consider the gradings of over 1,200 funds a year.
08/30/2012
The RDR-ready Z share class, launched in October, will be available via platforms operating a clean share class model.
08/30/2012
The European Systemic Risk Board (ESRB), based at the European Central Bank (ECB), said firms using banks to service their derivatives contracts may create extra risks because even for genuine hedging, the contracts are not risk-free.
08/30/2012
This is the first acquisition Plaza has made since inception earlier in the year, investing in large real estate assets around the globe. With leverage, Plaza has USD 1 billion gross of initial buying power.
08/28/2012
In the UK the restructure will see the creation of an advisers and investments business unit made up of Standard’s existing retail adviser, proposition, wealth and investment solutions businesses, reporting into Richard Charnock.
08/28/2012
Threadneedle is to roll out a range of commission-free share classes across the majority of its fund range, and waive initial charges for advised UK retail investors, as it makes its proposition ready for the post-RDR world.