12/11/2012

Martin Currie shuts decade-old China Hedge Fund

The UK firm’s China long/short equity strategy – which at one stage returned about 16% annually – reaches an end after a tumultuous recent history, shuttering with less than $10 million in AUM.

12/11/2012

Prime brokers battle the perfect storm

Revenue pressures coupled with increased costs are forcing many in the industry to overhaul their business models in an attempt to capture new revenue streams.

12/10/2012

Newton restructures fund range

The Bank of New York Mellon’s asset-management subsidiary, Newton Investment Management, has announced a suite of changes to its funds.

12/09/2012

Rothschild buys into peer-to-peer lending

Jacob Rothschild, scion of the eponymous banking dynasty, has bought a stake in a peer-to-peer lending company that allows people to extend credit to each other without going through banks.

12/04/2012

Natixis launches Souverains Euro fund in Italy

Natixis Asset Management has launched in Italy Natixis Souverains Euro, a eurozone sovereign bond fund managed by Olivier de Larouzière, head of euro fixed income management at the firm.

12/03/2012

Dexia in talks over asset management arm

Neither the Belgo-Dutch financial group nor GCS Capital, which is run by two former senior investment bankers at HSBC, gave many details on the talks, but a deal for the European asset manager could be worth up to €500m, according to bankers.