05/04/2013
Pain for investors as funds shut down
Almost 1,000 managers are failing to beat the market as a record number of poor performers close
FinTech
05/02/2013
Hedge fund billionaire Steve Cohen: I have 'zero tolerance for wrongdoing'
He tells investors he will crack down on any insider trading and says reforms
05/02/2013
Man Group is still struggling as its clients take out billions more cash
Man Group boss Manny Roman today warned that a recovery in the fortunes of his troubled hedge fund was still some way off as clients pulled out billions more of cash.
05/01/2013
AIMA Report Highlights Hedge Fund Philanthropy
The report focuses on the beneficiaries of hedge fund industry giving around the world.
04/30/2013
Kingdom Holding completes refinancing of London Savoy
The Kingdom Holding Company has completed the refinancing of London's most famous hotel
04/28/2013
Northern Trust Selected By William Blair to Provide Services for Luxembourg-based Tax-Efficient Funds
Northern Trust has been appointed by William Blair & Company, L.L.C., the global financial services firm with more than $50 billion of assets under management, to support William Blair’s Luxembourg-domiciled Fonds Commun de Placement ("FCP&
04/28/2013
Swiss central bank keeps some gold in UK, Canada
Since World War II and the Cold War, several central banks in Europe have kept part of their gold reserves in foreign countries in case of land invasions.
04/28/2013
Swiss Bank Pictet’s Water Fund Boosted by Middle East Shortage
The region is definitely a growth market for water companies
04/28/2013
London property being snapped up at pre-crisis rates
Sellers achieved more than 95 per cent of their asking price, also a level not seen since 2007.
04/27/2013
Deutsche Bank CFO: Hedge Funds Attracting Bankers, Will Do Best Post-Crisis
Hedge funds are poised to be the big beneficiaries of the fallout from the financial crisis
04/26/2013
7IM reviewing fund discounts on platform
Marketing director Justin Urquhart Stewart vows to act in best interests of clients as company reviews FCA ban on cross-subsidies.
04/25/2013
Euroclear Bank and Standard Chartered broaden collateral pool
Standard Chartered is the first Asia-based agent bank to join the Collateral Highway.
04/24/2013
American Eagle gold coins soar in value and forces Mint to suspend sales
The US Mint ran out of its smallest American Eagle gold coin after demand surged following the biggest drop in futures in three decades
04/23/2013
Carmignac funds moved to Ascentric platform
Carmignac Gestion has made its entire range of UK-registered funds
04/23/2013
Gottex Fund Management’s assets drop 9% in first quarter on client outflows
Gottex Fund Management reported that its earning assets decreased by 9.0% to $6.41bn in the first quarter of this year
04/23/2013
Private Investor Consortium Completes Acquisition of Duff & Phelps
Duff & Phelps Corporation today announced the completion of its acquisition by a consortium comprising The Carlyle Group, Stone Point Capital LLC, Pictet & Cie
04/23/2013
Cofunds teams with GAM on unitised DFM offering
GAM's recently launched discretionary fund management (DFM) offering for the UK adviser
04/22/2013
Worrying trend emerges from 2013 Aon Global Risk Management Survey
The 2013 Aon Global Risk Management Survey points to a significant decline in risk readiness among many of the survey respondents.
04/22/2013
Citi launches OpenAi for alternative investment clients
Institutional investors today are demanding more transparency and visibility.
04/22/2013
Old Mutual to battle Schroders for Buxton’s UK Growth trust
Richard Buxton’s future employer expresses interest in star manager’s £290m Schroders trus