09/05/2012
Credit Suisse Liquid Alternative Beta Index Up 0.53% in August
The Credit Suisse LAB Index was up 0.53% in August according to Dr. Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse.
Alternative Investments
09/05/2012
ECM Asset Management starts senior secured fund
New fund will buy both senior secured loans and high-yield bonds
09/05/2012
SunGard identifies ten asset management trends affecting the fund management industry
Doug Morgan, president of SunGard’s institutional asset management business discuss the top trends affecting the fund management industry in 2012
09/05/2012
This Simple Diagram Explains How Manchester United Makes Money
Goldberg's report included this straightforward diagram explaining how Man U. could potentially be a self-propelled profit generating machine.
09/05/2012
Royal Bank of Scotland insurance unit plans 900 job cuts
The insurance division of Royal Bank of Scotland says it plans to cut nearly 900 jobs as it prepares for a stock market flotation.
09/05/2012
Stockholm-based hedge fund raises $500 mln for new longer-term fund
"In recent years, financial markets have become increasingly short term.
09/04/2012
Troubled hedge fund Pentagon to fight SEC's $100m fine
A contemporary of David Cameron's at Oxford University, Mr Chester took the dramatic step after his hedge fund, Pentagon Capital Management, was fined $98.5m earlier this year for allegedly engaging in late trading in mutual funds between 1999 and 20
09/04/2012
ING to Sell Capital One Stake After Sale of Online Bank
Pricing is expected before regular trading opens today in New York, with settlement on Sept. 10, ING said in a separate statement.
09/03/2012
DFAS Bloxham Global Equity Income Fund - change of manager
They plan to run the DFAS Bloxham Global Equity Income Fund in exactly the same way before merging it into their existing fund by the end of this year. At that time a new share class is to be created for retail investors.
09/03/2012
Ludgate Investments eyes stricter waste regulation for new fund
The European Union is tightening regulation for recycling and recovering rubbish and has called for 50 percent of household waste to be recycled by 2020 as a way to keep trash away from landfill sites.
09/03/2012
Schroders launches Global Macro Bond Fund
The Fund aims to deliver an annualised gross excess return of eight per cent per annum over LIBOR using currency, sovereign and credit strategies, and is scheduled to launch in October 2012.
09/02/2012
Barclays accused of making £500m out of hunger after speculating on global food prices
Barclays Capital, the investment arm of the bank, has prompted fresh criticism after they reportedly made more than £500million by speculating on food staples while millions around the world face starvation and crippling food prices.
09/02/2012
RBS severs ties with Hoare Govett
He had decided to reshape RBS so that it would never again carry the same risks that led to its taxpayer bailout during the financial crisis.
09/02/2012
S&P Capital IQ announces UK fund management awards
Excellence will be identified at the fund manager, team and house level, drawing upon the qualitative insights and assessments from a team of fund analysts who review and consider the gradings of over 1,200 funds a year.
09/02/2012
Baring Europe Select Trust reports strong performance
Barings is celebrating another successful year for the Baring Europe Select Trust as the fund marks its twenty-eighth anniversary.
09/02/2012
Green bank ready to commit £3bn to environmental firms
The bank will be run from bases in London and Scotland.
09/02/2012
Man launches bond hedge fund with Nomura
“In an environment where market participant risk-taking in interest rates has been considerably reduced since 2008, this creates attractive alpha opportunities."
08/30/2012
Cofunds launches unbundled pricing across 85 fund groups
The RDR-ready Z share class, launched in October, will be available via platforms operating a clean share class model.
08/30/2012
Monson steps down as manager of Sarasin's income funds
Investment Week can reveal Monson has stepped down from both the £336m Sarasin International Equity Income fund, as well as the £138m Sarasin Global Equity Income (Sterling Hedged) fund.
08/30/2012
EU body urges firms to avoid bank derivatives fees
The European Systemic Risk Board (ESRB), based at the European Central Bank (ECB), said firms using banks to service their derivatives contracts may create extra risks because even for genuine hedging, the contracts are not risk-free.