09/04/2012

Troubled hedge fund Pentagon to fight SEC's $100m fine

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

09/03/2012

DFAS Bloxham Global Equity Income Fund - change of manager

They plan to run the DFAS Bloxham Global Equity Income Fund in exactly the same way before merging it into their existing fund by the end of this year. At that time a new share class is to be created for retail investors.

09/03/2012

Schroders launches Global Macro Bond Fund

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

RBS severs ties with Hoare Govett

He had decided to reshape RBS so that it would never again carry the same risks that led to its taxpayer bailout during the financial crisis.

09/02/2012

S&P Capital IQ announces UK fund management awards

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.

09/02/2012

Man launches bond hedge fund with Nomura

“In an environment where market participant risk-taking in interest rates has been considerably reduced since 2008, this creates attractive alpha opportunities."

08/30/2012

EU body urges firms to avoid bank derivatives fees

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.

08/28/2012

Charnock to front newly-created Standard Life adviser unit

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 to launch RDR share classes

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.