11/20/2012
Has Aberdeen broken its emerging markets stereotype?
The solution in the past has been to diversify the asset base through selective bolt-on acquisitions...
Alternative Investments
11/20/2012
Russell Investments picks Pictet and Stone Harbor to run EMD fund
Russell said the duo has complementary styles to deliver strong risk-adjusted returns.
11/20/2012
Dow Jones: Hedge Funds Slip In October
Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished October down 0.18%, with 5 out of 10 strategies in positive territory;
11/20/2012
Multiple wins for Tullett Prebon in best banks awards
The annual industry survey was carried out between August and September and asked banks, corporates and investors to vote for their favourite trading counterparties across 38 separate categories.
11/20/2012
AXA Elevate lowers platform cashback deal
AXA Elevate is to lower the discount it offers to users who buy the group's own Architas fund range in 2013
11/20/2012
Old Mutual considers fund of OM funds
Old Mutual Global Investors is considering the launch of a fund of Old Mutual funds.
11/20/2012
Skandia targets cost cutting after £5m platform loss
Skandia posted a £5.1m platform loss for the first half of the year and has revealed plans to slash costs by half in an attempt to move into profitability within the next three years.
11/20/2012
Swip multi-managers merge with Lloyds team
Multi-manager team merges with parent company’s wealth management business.
11/20/2012
AXA Elevate lowers platform cashback deal
The rebate will continue to be paid annually into the client's cash account
11/19/2012
Old Mutual to explore broader platform product range
The managing director for UK said the platform will look at adding new fund types.
11/19/2012
Daniel Stewart partners with Swiss firm to launch forex fund
'We strongly believe that ongoing volatility in currency markets provides excellent opportunities for investors to boost returns compared to the relative weakness of equities and bonds.'
11/19/2012
GoldenTree Plans to Take ‘Significant Stake’ in Cerberus’s Bawag
Cerberus, the private-equity firm led by Stephen Feinberg, has said it “stands behind” the bank and will support “potential capital actions.”
11/19/2012
Liontrust to launch offshore Special Situations fund
Liontrust Special Situations was the second best performing fund in the sector over this time period out of 217 funds.
11/19/2012
Nickerson: How new EU rules could radically reshape UK asset management models
Level one of the AIFMD is already law but level two is still in draft form even though it has to be implemented into UK law by 22 July 2013.
11/19/2012
Nomura Reaches Agreement on Sale of Annington
The acquisition is due to be completed by the end of 2012
11/19/2012
AIMA and Deutsche Bank publish new Roadmap to Hedge Funds for institutional investors
The new Roadmap to Hedge Funds, published jointly by AIMA and Deutsche Bank, outlines how the volatile external environment has driven an ever greater need for active risk management.
11/19/2012
Spain may give residence to foreign buyers of property
Foreigners buying a property worth more than 160,000 euros in Spain may get the right to reside in the EU country, a Spanish official said
11/19/2012
Henderson Sells 24 U.K. Properties to Repay $265 Million CMBS
Mountgrange Investment Management LLP and Patron Capital Ltd. agreed to buy the fund’s 24 remaining buildings for 184 million pounds
11/18/2012
Aberdeen plans big hedge fund expansion
Aberdeen Asset Management aims to more than double the size of its fund of hedge funds business to $10bn within a few years.
11/18/2012
Old Mutual expands LatAm footprint
Old Mutual has announced that its Emerging Markets business will strengthen its distribution capability through the acquisition of a majority stake in AIVA Business Platforms.