08/24/2016
Moscow-Based Hedge Fund Manager Says Russia Getting Better
The negatives are well known, meaning they are already baked into the cake of Russia-based investment funds.
Alternative Investments
08/24/2016
Ex-Montanaro pair launch 'low cost' boutique
The boutique is launching the VT Cape Wrath Focus fund, which will have a 0.3% annual management charge with other expenses capped at 0.15%.
08/24/2016
Pru staff vote for industrial action over offshore annuities move
The action will come into effect from 31 August.
08/24/2016
Profit falls 71% at Bob Diamond's Atlas Mara
Loan impairment charges for the interim period rose to $9.1 million from $6.1 million recorded a year ago.
08/23/2016
Schroders revamps Asian bond chief’s fund as credit vehicle
Strategy to be US-denominated approach focused on regional credit
08/23/2016
Damac signs £200m deal with Lendlease to build Versace-designed Aykon London One residential tower
Move indicates confidence in the economy post Brexit
08/23/2016
Bulgaria's Expat Asset Management to launch first ETF on Sofia bourse
Individual investors will be able to buy and sell shares of the fund on the secondary market of the BSE
08/23/2016
Where the Old Meets the New
An insurance startup is cooperating with a bank for the first time in Germany. The online subsidiary of Frankfurter Sparkasse, 1822direkt, and the insurtech Getsafe are joining forces to compete with insurance brokers.
08/22/2016
Inside the secretive US hedge fund stalking British companies
The Libertad’s crew had rejected a request to move the 113-yard long, three-masted vessel to another mooring to help ease the blockage. So port officials took it upon themselves to shift the Libertad.
08/22/2016
Helvetica Property Investors is launching its first regulated Swiss Real Estate Fund for Qualified investors
Subscription period begins on 12 September 2016
08/22/2016
Goodbody dismisses Investec takeover speculation
Fexco took control of firm in 2011 with Goodbody keeping a 25% holding, now up at 49%
08/22/2016
Seller’s Paradise: Companies Build Bonds for European Central Bank to Buy
Two European firms have sold debt directly to the ECB through private placements, a startling example of how the market is adapting to extremes of monetary policy
08/22/2016
Neil Woodford’s Investment Firm Scraps Bonuses for Single Salary
The benefit plan also includes life insurance and medical care for the 35 staff, including seven on the investment team.
08/22/2016
UK fund management house launches fitnech accelerator
The programme will provide mentoring, office space in central London, plus potential access to Octopus Investments’ distribution channels of financial advisers and investors.
08/21/2016
Football interest would fit China Everbright’s priorities
China Everbright was set up in Hong Kong in 1983 by the Chinese government to act as a bridge for trade finance between the mainland and outside world.
08/19/2016
Citigroup proprietary trader leaves to launch hedge fund
The departure marks the exit of the last real proprietary trader at the bank.
08/19/2016
The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I
In bonds, allocation would be somewhat similar.
08/19/2016
Activist hedge fund Elliott scores successes in UK
The fund’s London office, which is managed by Gordon Singer, the son of Elliott’s founder Paul Singer, has been open since 1994, long before many UK funds.
08/19/2016
Allianz, Axa Said to Bid for StanChart Asia Insurance Rights
The lender entered a new 15-year agreement with Prudential Plc in 2014 to distribute its life insurance products in Asia.
08/19/2016
Capital & Regional says retailers not affected by Brexit vote
Chief executive Hugh Scott-Barrett said he remained confident that the company's centres would continue to perform well this year, and that activity in the immediate wake of the vote had been encouraging.