05/04/2012
Aviva’s Pay Plan Rejected as UBS, Inmarsat Shareholders Rebel
The average vote against U.K. compensation reports was 6 percent last year, according to Pension & Investment Research Consultants Ltd.
Alternative Investments
05/04/2012
Wall Street Tycoon Eyes Metro Bank Stake
One of Wall Street's best-known hedge fund managers is in talks to buy a stake in Metro Bank, Britain's first new high street lender in more than a century, I have learned.
05/03/2012
Man Group CEO dismisses need for takeover
Peter Clarke, who took over as CEO from industry 'godfather' Stanley Fink in 2007.
05/02/2012
A global bond boom is on, latest Morningstar European asset flows data reveals
Of this, more than 70 per cent went to fixed-income funds, while equity funds, by contrast, had net redemptions for March and only slightly positive inflows for the quarter.
05/02/2012
Beaufort buys into London broker HB Markets
Beaufort said the purchase is the first stage in a series of strategic developments for the group.
05/02/2012
Regulator faces backlash on expensive new offices
However, financial services groups and MPs denounced the move as “lavish” at a time when financial services firms – who pay for the regulators – are tightening their belts.
05/02/2012
Man Group Has $1 Billion Outflow; Shares Fall on Lower Cash
The shares slid as much as 8 percent as analysts cut their earnings forecasts for the company.
05/01/2012
Credit Suisse’s Asset Management Division Releases the Q2 2012 Edition of the Alternatives Quarterly
Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.
05/01/2012
Absolute Return riles the critics
This is a sector with clear investor appeal. The problem is there are many methods of endeavouring to deliver the expected return and it is not always easy to determine which approach is being taken.
05/01/2012
Dexion Capital set to float new investment company
DCG IRIS Limited is a proposed new London-listed, closed-end investment company seeking attractive returns from insurance linked strategies (‘ILS’).
05/01/2012
Man Group CEO dismisses need for takeover
The firm, which reported a reduction in net client outflows, holds its annual general meeting on Tuesday.
05/01/2012
Man Group Has $1 Billion Outflows; Shares Slide on Cash Concern
The shares slid as much as 8 percent. Clients redeemed $4.1 billion from Man’s investment funds, which was partly offset by $3.1 billion of sales, the London-based company said today.
04/27/2012
Gemini to bring Asia funds to UK
Gemini provides distribution and marketing for asset managers that have limited expertise in the retail and wholesale marketplace in Europe.
04/27/2012
Why Aussie businesses are flocking to list on the Frankfurt Stock Exchange
Phil Jones, chairman and chief executive of Hemiphon, is in no doubt as to why the workforce management company has listed on the Frankfurt Stock Exchange, putting it down to “speed to market and cost”.
04/27/2012
Irish funds industry expands presence in Asia
The office in Hong Kong was formally announced at Fund Forum Asia by Pat Lardner who has just taken up the position of chief executive of the IFIA.
04/27/2012
London Stock Exchange lures more Nigerian firms
Webster-Smith, who spoke exclusively with BusinessDay, noted that the LSE currently hosts a lot of Africa-focused companies, including three Nigerian related companies such as Guaranty Trust Bank plc, Diamond Bank plc, and Afren.
04/27/2012
Aberdeen, Kames Capital and Skandia Investment Group to host joint roadshow
Aberdeeen Asset Management, Kames Capital and Skandia Investment Group are to host a joint roadshow throughout May and June 2012.
04/27/2012
Rabobank eyes possible sale of fund management arm
A spokesman for the cooperatively-owned bank said on Friday it was reviewing "strategic options" for fund management arm Robeco, confirming a Dutch media report, but declining to comment on any of the details.
04/27/2012
Dexia private equity bids are in
First-round offers were due by Tuesday, one source said, although none were in a position to comment on a report that the auction for the asset management arm of Franco-Belgian bank Dexia SA could fetch as much as €750 million ($992 million).
04/26/2012
RBC Dexia Retains Top Ranking with Dominant Showing in Global Investor's 2012 Custody Survey
RBC Dexia also took top spot in all three overall (unweighted) regional tables: Best Custodian Overall - EMEA, Best Custodian Overall - Americas, and Best Custodian Overall - Asia Pacific.