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Alternative Investments

02/24/2013

Luxembourg Stock Exchange and Altus to Cooperate on a Fund Market Infrastructure

The Luxembourg Stock Exchange is creating a market infrastructure, which will provide services to substantially support, facilitate and standardize the cross-border distribution of funds.

02/24/2013

Bank of England close to yuan deal

Deal with People's Bank of China would help City of London become trading hub for world's fastest growing currency

02/24/2013

Insight, Northern Trust, Schroders, Among Winners of Inaugural aiCIO European Innovation Awards

Cardano and Deutsche Bank pick up awards at our first prize-giving for innovation in Europe.

02/24/2013

New Hedge Fund Deposits to Triple, Deutsche Bank Says

Hedge fund assets worldwide may increase 11 percent to $2.5 trillion by year-end

02/22/2013

SS&C GlobeOp Forward Redemption Indicator up in February

"Year-to-date February redemption notices fall well below average over the index history," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

02/21/2013

Scottish Life launches six new investment funds

“Scottish Life selects funds which either increase coverage into new sectors or which have a strong track record of delivering competitive returns to provide real value."

02/21/2013

FundsNetwork concerned over rising clean fee costs

FundsNetwork would not be forcing advisers into clean share classes, though admittedly there was "a clear direction of travel," he added.

02/21/2013

Leading international legal practice advises on three fund-raisings in one day

The three funds are Greencoat UK Wind plc, TwentyFour Income Fund Ltd and NB Global Floating Rate Income Fund Ltd.

02/21/2013

Old Mutual to merge away Skandia UK Best Ideas

OMGI said the two funds represented "an area of overlap" in its fund range following the merger of Old Mutual Asset Managers and Skandia Investment Group into OMGI.

02/20/2013

ABN Amro Plans to Call Some Bonds as European Union Ban Expires

The EU rule blocking early repayment of ABN Amro capital instruments expires March 11

02/20/2013

Aegon distribution arms post £2m loss

Aegon’s distribution arms Origen and Positive Solutions have posted a combined loss of £2m for 2012

02/20/2013

BNP Paribas wins sub custody recognition in 22 markets

This marks the first industry recognition for sub custody in three markets for BNP Paribas – Australia, Brazil and India.

02/20/2013

M&G American and M&G Global Leaders removed from the Wealth 150

The M&G American Fund and M&G Global Leaders Fund have been removed from the Wealth 150 list of our favourite funds across the major sectors.

02/20/2013

Deutsche Boerse: Joint Venture Scoach Ending June 30

The venture, offering structured products in Switzerland and Germany, will be terminated

02/19/2013

Henderson Strategic Bond Fund removed from the Wealth 150

Over the past three years, conditions have generally been favourable for bond markets, but where there have been setbacks the fund has not offered as much shelter as we would expect.

02/19/2013

Standard Life leaves Bumi fight in balance

Standard Life’s decision comes a day after one of the Bakries’ allies unexpectedly sold a 10 per cent stake.

02/19/2013

Two new deputy chairmen and investor-appointee for AIMA council

The Alternative Investment Management Association (AIMA), the global hedge fund association, has announced two Deputy Chairmen from its existing Directors and also an investor-appointee to the AIMA Council.

02/19/2013

Canadian life insurer acquires Irish Life Group

This transaction reflects a major vote of confidence in Ireland and Irish Life

02/19/2013

RBS Looks to Sell Minority Stake in Branches Before Going Public

Offering one or more of the private equity firms a stake could improve the bank's chances of achieving the full sale

02/19/2013

Crispin Odey to launch multi-asset fund

Hedge fund guru slates multi-asset long-short fund for March launch.

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