08/16/2012
That's right. Corzine, the former CEO of now-bankrupt MF Global, the company that lost hundred of million of dollars in customers funds, is mulling starting a hedge fund, The New York Times reports, citing “people with knowledge of his plans.
08/15/2012
Danica, which had investment assets of about $50 billion at the end of June, holds about 7.2 billion kroner ($1.2 billion) in mostly Italian short-term notes and some Spanish debt, according to Peter Lindegaard, the chief investment officer at the pension
08/15/2012
Hundreds of businesses have joined, from the acclaimed Arnolfini arts centre to the Chandos deli chain, and the launch had to be postponed from May to September 19 because of the level of interest.
08/14/2012
There is increasing industry alarm that draft guidance on how to implement the law could see restrictions such as bonus deferrals and clawbacks, which are already enforced in the banking sector, imposed on a wider range of big funds than first thought.
08/14/2012
Saltus will provide investment management services to Montague as part of a transitional agreement, during which time Montague clients will be invited to move across to Saltus.
08/14/2012
Shareholders will vote at Liontrust’s September annual general meeting regarding whether or not to expand the current incentive scheme, introduced in January 2011, by 1.9m shares, in order to “closely align their interests with those of shareh
08/14/2012
In half-year results, Standard Life revealed that group operating profits before tax rose to £302m in the six months to June 30 from £262m in the same period last year. Assets under administration climbed to £204.2bn from £198.4bn
08/14/2012
The Stable Global Ucits fund will be launched in September alongside a $50 million segregated account.
08/14/2012
The deal will see Lloyds net almost 100p in the pound for the portfolio, which has a face value of £1.05bn.
08/14/2012
Goldman’s current lease, which costs roughly £18m a year, runs until 2021.
08/14/2012
Despite this, some commentators have suggested that these markets, in particular Hong Kong, are becoming more difficult to gain access into.
08/14/2012
UniCredit SPA plans a euro-denominated, benchmark-sized, five-year Obbligazioni Bancarie Garantite (OBG), or covered bond, one of the banks running the deal said Tuesday.
08/13/2012
In Paris, Chinese buyers have jumped from 0.3 percent of buyers in 2009 to an expected 2.0 percent this year, with luxury apartments with a view of the Seine and the city's monuments enjoying the most demand from Asian clients.
08/13/2012
Predicting how the fund will make more money in the second half of the year, Varus said it would be short bonds vs. high yield and share buyback stocks.
08/13/2012
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2012 measured 1.42%.
08/12/2012
Morgan Pryce is an acquisition agent with a dedicated team securing London office space for overseas clients.
08/12/2012
The €505.6 billion Government Pension Fund Global fell 2.2 per cent, as measured by a basket of currencies, the Oslo-based investor said yesterday.
08/12/2012
Some commentators have suggested low-cost funds such as ETFs could become more expensive as providers increase fees to make up for lost revenues.
08/12/2012
It will offer investors the potential for income generation and capital growth from ground rents. GRIF is expected to be capitalised at around £50m.
08/12/2012
Banking sector weighs on recruiter
The gross margin on temporary placements in the first half of 2012 improved slightly to 20.8% (2011: 20.2%). Pricing has remained relatively stable throughout the first half of 2012, with a stronger pricing environment in rapidly growing markets, being of