10/30/2012
Europe boosts 7IM CF Balanced performance
Manager gains from increased Europe weighting after the continent dented his performance last year.
Alternative Investments
10/30/2012
BBVA Net Profit Tumbles on Property Assets
Operating income, which determines the bank's ability to set aside provisions, reached €9 billion for the first nine months, up 16.1% over the same period last year.
10/30/2012
Burgundy delights on offer at christie's next week
Veritable feast of Burgundy wines are heading for auction at Christie's
10/29/2012
UK hedge fund firm Polygon sold for $99 mln
Tetragon Financial Group has bought Polygon Management
10/29/2012
Ex-Cofunds chief Brett Williams launches alternatives business
Old Burlington Investments is set to launch a duo of EIS funds
10/29/2012
Standard Life launches drawdown range based on Gars fund
The ‘dynamic drawdown’ funds are designed specifically for use by drawdown investors
10/29/2012
Axa boosts multi-asset range with double fund launch
The Axa WF Global Flex 50 fund is aimed at more risk-averse investors
10/29/2012
Jupiter Absolute Return Fund removal from Wealth 150
The Jupiter Absolute Return Fund was to adopt a similar, but more cautious approach
10/29/2012
Deutsche Bank research reveals dramatic transformation in investor evaluation of hedge funds
Deutsche Bank has revealed a fundamental shift in the depth and nature of due diligence carried out by hedge fund investors.
10/29/2012
Barclays launches ‘one-stop’ Guarantee issuance service for financial institution clients
Barclays has launched a Network Guarantee issuance service which allows financial institution (FI) clients to issue Guarantees to beneficiaries in any Barclays footprint country, through its one-stop issuance hub located in the UK.
10/29/2012
Deutsche Börse Q3 profits slide
Deutsche Börse AG published its results for the third quarter 2012, which continued to be dominated by a markedly weak market environment, on Monday.
10/29/2012
Jupiter hits back at Hargreaves Lansdown over performance fees criticism
Jupiter Asset Management has hit back at Hargreaves Lansdown’s criticism of its performance fees after the £742m Jupiter Absolute Return fund, managed by Philip Gibbs was dropped from its Wealth 150 fund buy-list.
10/29/2012
Standard Life expands Global emerging markets range
Standard Life Investments has announced the launch of its Global Emerging Markets Unconstrained SICAV.
10/28/2012
RDR will stop preferential fund manager deals
Transact says the RDR will prevent platforms from negotiating deals with fund managers
10/28/2012
Odey Asset Management Purchases A 5% Stake In Man Group
The stock value of Man Group Plc (LON:EMG) surged by 1.80 GBp, or 2.25 percent, from its previous close at 80.05 GBp per share to 81.85 GBP per share on Friday at the London Stock Exchange.
10/28/2012
Bank closer to Leeds takeover
The takeover of the British football club by GFH Capital
10/28/2012
Old Mutual plans restructure over merger
Julian Ide has been confirmed as chief executive of Old Mutual
10/25/2012
Standard Life Investments GARDS wins 100 Club Award
Standard Life Investments GARS fund won the Alternative Investment Category award on the basis of its performance over one and three years beating off competition from BH Global, CF Odey and Threadneedle to win.
10/25/2012
Revealed: S&P Capital IQ’s 2012 fund award winners
S&P Capital IQ Fund Research has announced the winners of its 2012 Fund Awards which seek to recognise outstanding performance in the fund management industry.
10/24/2012
RBS under pressure to offload US business
Royal Bank of Scotland has come under pressure to sell its US business