03/06/2013
China's ICBC keen to be yuan clearing bank in London - president
We are striving to be the clearing bank in London
Alternative Investments
03/06/2013
Standard Life confirms windfall as profits beat forecasts
“Standard Life has undergone considerable change over the past three years. As a result we now have significant opportunities for further strong and sustainable growth.”
03/06/2013
Aviva Scraps Bonuses, Freezes Pay Following Dividend Cut
Aviva Plc, the U.K.’s second-biggest insurer, said it won’t pay bonuses to executive directors or award pay rises for 2013 after cutting its second-half dividend by 44 percent. The shares plunged.
03/06/2013
L&G IM boosts int'l assets by a third to £43bn
Legal & General Group will increase its dividend by 20 percent after posting better-than-expected full year earnings and issuing a bullish outlook for 2013.
03/05/2013
The Dow Jones Credit Suisse Core Hedge Fund Index Closed Down 0.28% in February
The Dow Jones Credit Suisse Core Hedge Fund Index provides daily published index values which seek to enable investors to track the impact of market events on the hedge fund industry.
03/05/2013
Standard Life cuts off trail on 12 legacy products
"Despite comment to the contrary, we are not stopping the payment of trail commission across our legacy book of business on a blanket basis."
03/04/2013
Banca Generali reports solid trend in net inflows
February figures showed once again a solid trend in net inflows
03/03/2013
LSE, LCH Clearnet extend deal deadline
The exchange has already cut its offer price for LCH, amid concerns the new rules could crimp LCH's earnings potential
03/03/2013
Schroders announces launch of Global Unconstrained Bond fund
The team, led by Head of Global Macro, Bob Jolly, and fixed income fund manager, Gareth Isaac, will use a diversified top-down approach and seek to generate consistent returns through the exploitation of opportunities across a range of alpha sources.
02/28/2013
Skandia assembles top quality fund managers for new focused fund range
Skandia is currently finalising the full range, name, pricing structure and platform tools for the new investment proposition before launching it later this year.
02/28/2013
Mobiliar Asset Management engages CACEIS to administrate Swiss real estate fund
The fund will invest in the development of a high quality Swiss real estate portfolio preferably in strong economic centres and their agglomerations.
02/27/2013
Jupiter announces profit and dividend rise despite market volatility
2012 saw the asset manager record a profit before tax of £73.6bn
02/27/2013
Fund firm Man Group hit by employee arrest, outflows
Man said an unidentified employee in its GLG division was arrested by Britain's financial markets watchdog
02/27/2013
Swiss asset management company launches dynamic allocation fund
“Today, things are more complex,” said Pierre Pinel, manager of the fund
02/26/2013
Strong start to 2013 for client investments into funds - RESEARCH
The latest analysis1 from Barclays Stockbrokers has revealed a strong start to 2013 for client investments into funds.
02/26/2013
Top 40 hedge fund managers earn total of $16.7bn
The top 40 hedge fund managers personally earned a total of $16.7bn (£11bn) last year
02/26/2013
UK leads 12-state rebellion against EC hedge fund rules
Germany, Holland, Sweden and Austria are among 12 signatories of a strongly worded complaint
02/25/2013
Ex-Man Exec. Readies Ambitious Hedge Fund Launch
According to the Financial Times, his new firm has many of the ostentatious hallmarks of the pre-financial crisis hedge fund debut, including offices on Savile Row decorated with contemporary art and anything by modest plans.
02/25/2013
Schroders reopens Jones’ US small and mid-cap funds
Schroders has reopened Jenny Jones’ US small and mid-cap strategy after it was closed
02/25/2013
Fund Advisers hires ex-deVere Lodge, others, as it eyes major Gulf expansion
The Dubai operation is being set up as a separate trading entity of the European company