05/22/2012
The post-2008 influx of institutional money into hedge funds has resulted in a marked increase in the global industry’s operational sophistication and transparency to investors, according to a new report by KPMG, an international network of audit, t
05/22/2012
Barclays plans to crystallise a loss of up to $1bn (£630m) by selling its 20pc stake in fund manager BlackRock in a move that will boost the high street lender’s capital buffers.
05/22/2012
In a year when many commodity investors have been disappointed with their returns, senior managers in the commodities division of Societe Generale are leaving the French bank to launch Belaco Capital, to help put this to right.
05/22/2012
This brings the total number of discretionary fund managers available on its platform to six.
05/22/2012
SGSS in Italy offers a complete range of securities services, including clearing, custody and trustee services, fund administration, liquidity management and transfer agent services.
05/21/2012
The London Stock Exchange is in the early stages of planning an assault on the continental European market, pitting it against rivals Euronext and Deutsche Borse on their own turf.
05/21/2012
Henderson Global Investors will on Monday launch its first asset management business in Australia as it seeks to expand its operations beyond the troubled shores of Europe.
05/21/2012
Man Group to buy hedge fund business
The combined multi-manager business will have total funds under management of approximately $19 billion, making it the largest independent non-US based fund of hedge funds.
05/18/2012
Citi has been ranked #1 in global custody services by the world's leading asset managers, asset owners and banks in the 2012 Global Custody Survey compiled by Global Investor.
05/18/2012
The institution is aiming to raise £1m to establish the University of Cambridge Enterprise fund, which is an SEIS and enterprise investment scheme (EIS) vehicle.
05/18/2012
In accordance with the MoU, the two exchange organizations are to start a comprehensive sharing of knowledge and information on business areas and regulatory developments.
05/17/2012
The risk of losses is tallied by the bank using a so-called value at risk (VaR) calculation.
05/17/2012
Vanguard is to make its long-awaited move into the UK exchange-traded fund arena with the launch of five physically-backed products.
05/16/2012
Swiss fund-of-hedge-funds manager makes Asian acquisition
Gottex Fund Management Holdings has announced that it has reached agreement on the acquisition of Hong Kong based Penjing Asset Management, one of the primary Asian alternative asset management providers. Ronnie Wu, founder and CIO of Penjing, will join
05/16/2012
This industry benchmark survey result demonstrates the bank’s consistent delivery of best-in-class products and client service.
05/16/2012
2012 and announced the next regular quarterly dividend of $0.015 per share would be payable on June 12, 2012 to shareholders of record on May 29, 2012.
05/16/2012
“The transaction … has significant strategic value to us, not only as a standalone business but also in its complementary capabilities to RBC.”
05/16/2012
The bank was forced to book provisions for risky loans of 970 million euros over the quarter, a 43 percent rise compared to a year earlier, as credit quality deteriorated in Italy due to a deep economic recession.
05/16/2012
The Metro bank is still a very small player in the U.K., dwarfed by the "big four"--Lloyds Banking Group PLC (LYG), Royal Bank of Scotland Group PLC (RBS), Barclays PLC (BCS) and HSBC Holdings PLC (HBC).
05/15/2012
But as well as buying into telecoms provider BT, Moore (pictured), said he bought into Barclays because 2011'a difficulties made it underpriced even though this year it is in a stronger position.