03/22/2012
Investors face £60m loss after property firm liquidation
Two individuals were arrested and bailed earlier this month following allegations of fraud related to the firm.
Alternative Investments
03/22/2012
S&P launches new fund management rating system
The old system of assigning a number of ‘A’s has been replaced with a system of four bands – Platinum, Gold, Silver and Bronze.
03/21/2012
Deutsche top Europe commodity bank, beats Barclays
Both banks have been battling in recent years to challenge the supremacy in lucrative commodities by U.S. investment banks Goldman Sachs, JP Morgan and Morgan Stanley , which hold the top three global positions.
03/21/2012
Investors Displaying Growing Conviction in Growth - Research
Investors are more optimistic about corporate profits. A net 6 percent of the panel expects corporate profits to improve in the coming year. A month ago, a net 11 percent predicted profits would decline.
03/21/2012
Major German bank’s GDR program for Nomos Bank wins recognition
Christopher Moore, Publisher and CEO of EMEA Finance magazine, said, “We are proud to recognize Deutsche Bank’s accomplishments as a leading DR bank with our Best DR Program in EMEA Award for 2011.
03/21/2012
Global Green Asset Management Network launches at NYSE
In addition, the lobby group Ireland Inc launched at the NYSE yesterday.
03/21/2012
Global Green Asset Management Network launches at NYSE
In addition, the lobby group Ireland Inc launched at the NYSE yesterday.
03/21/2012
Skandia Investment Group appoints GE Asset Management to run Skandia European Equity Fund
The Fund’s management changes from Goldman Sachs to General Electric Asset Management (GEAM).
03/21/2012
BNP Paribas plans trade finance fund this year
BNP Paribas is planning to launch a fund this year to drum up new liquidity for trade finance, Jacques-Olivier Thomann, the managing director of the bank's Geneva office, said on Tuesday.
03/21/2012
Scotland seeks ME investors for World's first Green Investment Bank HQ
Creates a unique proposition of opportunity and security for Middle Eastern investors targeting renewable energy and clean technology sectors
03/20/2012
RBC Dexia Remains on Top in R&M Global Custody Survey
RBC Dexia came first in the UK for the seventh year running and was also elected best custodian in Europe, Canada, North America, Far East and BeNeLux.
03/20/2012
Schroder Income duo look abroad to avoid 'extreme' concentration
Schroders’ Kevin Murphy and Nick Kirrage have moved their £1.1bn Income fund close to its maximum allowed overseas weighting to escape the “extreme” concentration seen in the UK market.
03/20/2012
Capita leads chase to buy Bluefin
Capita has emerged as the favourite to buy Bluefin Advisory Services, according to The Sunday Times.
03/19/2012
SVG Capital faces a shareholder revolt
This week SVG chairman Nicholas Ferguson surprised the market by stepping down, with insiders suggesting there was an entrenched feud with Mr Coller at the heart of the decision.
03/19/2012
Norway's sovereign fund reports $15-billion loss
The $600-billion fund, which invests the Norwegian state’s tax revenues from oil and gas activities abroad, suffered its third-worst result in percentage terms since its inception in 1998, declining 2.5 per cent.
03/19/2012
Metro Bank seeks £150m for expansion
The lender is due to open its eleventh branch in High Wycombe, Buckinghamshire, tomorrow, and has plans for a further nine branches this year and 200 branches over the next decade.
03/17/2012
Italy Said Paid Morgan Stanley $3.4 Billion In Jan To Unwind Derivatives Deals
Italy viewed the payment to exit the contracts as cheaper than to renew them, the person said.
03/16/2012
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.61% in February
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.
03/16/2012
Skandia drops JP Morgan and Goldmans from funds
Skandia Investment Group (SIG) has dropped JP Morgan and Goldman Sachs from its global equity and European equity fund mandates respectively.
03/16/2012
RBC Dexia wins 'Leading UCITS Custodian and Fund Administrator' award
The Hedge Fund Journal selected RBC Dexia based on the company's depth and breadth of experience providing support and service to the alternative UCITS segment.