02/17/2012
There's a new king of hedge fund managed accounts platforms
While Deutsche Bank is now the undisputed king in terms of assets, Lyxor's platform remains the hedge fund industry's biggest in terms of assets.
02/16/2012
Plackett and Prentis' Throgmorton trust revamps fees
The trust's board has decided to cap the annual performance fee paid, amending it from 4.99% to a sliding scale based on the gross return of the portfolio, including CFDs.
02/13/2012
RBS, which is 82 per cent owned by the British government, said yesterday it was cutting up to 300 jobs in its capital markets and cash equities units.
02/13/2012
Weil Gotshal is advising administrator KPMG on the high-profile insolvency proceedings, which kicked off late last year and are the first under the UK’s new ‘special administration’ regime set up last year to protect market stability in
02/11/2012
Bestinvest has suspended the rating on the £203.5m Baring Global Bond fund following the recent departure of the portfolio’s manager.
02/08/2012
Euroclear UK & Ireland welcomes Deutsche Bank’s db X-trackers suite of ETFs
The development enables direct access for IFAs and other users of the Message System to official net asset value (NAV) based pricing for ETFs for the first time via EUI when routing their orders for settlement.
02/07/2012
Ardevora funds listed on Cofunds
Ardevora Asset Management has had its funds added to the Cofunds platform.
02/07/2012
The decision to remove Lipner from the fund follows the recent strategic review announcements by Aviva Investors which SIG believes creates uncertainty over consequences this may have for the fund.
02/07/2012
Andy Higginson said: “ The current economic situation has created an excellent opportunity for development and investment in the London property market.”
02/07/2012
Andy Higginson said: “ The current economic situation has created an excellent opportunity for development and investment in the London property market.”
02/03/2012
Mr. Keitel believes that equity markets are further trending in positive direction due to improved global macroeconomic conditions, stabilizing policy measures taken in Europe, and the European Central Bank’s strong liquidity support for Eurozone ba
02/03/2012
The Dow Jones Credit Suisse Core Hedge Fund Index closed up 2.26% in January as all of the component strategies reported positive results.
02/03/2012
One of London’s longest-running hedge fund managers to shut
The London- and Hong Kong-based emerging markets specialist, established in 1998, is returning money to outside investors and is in the process of spinning out its final vehicle
02/03/2012
Bruntwood has sold the building to enable further growth and diversification in its portfolio and this sale is a key part of its growth plans in their core cities.
02/03/2012
Shrugging off a disappointing 2011, in which the average hedge fund lost around 5 percent according to HFRI, managers profited from gains in most assets as investors bet a solution could be found for the euro zone's deepening debt crisis.
02/03/2012
About 10 per cent of the Church capital is invested with hedge fund managers, up from 4 per cent at the end of 2009.
02/02/2012
At a press conference to present Santander's full-year results, Botin didn't elaborate on the negotiations, nor did he disclose the name of bank that could be purchased.
02/02/2012
TPG is offering 435 pence-per-share for GlobeOp, representing a premium of around 22.5 percent to GlobeOp's closing share price of 355 pence on Jan. 31.
02/02/2012
The expansion in central Europe comes as banks holding property outside central Europe continue to take massive write-downs on these holdings.
02/02/2012
The dispute centres on how much power should be given to an EU agency to oversee derivatives, one of the most opaque areas of finance, and once described as "financial weapons of mass destruction" by billionaire investor Warren Buffett.