01/30/2013
L&G closes in on Cofunds acquisition
Legal & General is set to acquire Cofunds following months of negotiation between the businesses
FinTech
01/30/2013
AIMA announces AIFMD implementation tools
The Alternative Investment Management Association (AIMA), has launched an online self-diagnostic tool and detailed guide to implementation for firms needing to comply with the Alternative Investment Fund Managers Directive (AIFMD).
01/30/2013
Investment firm takes 8pc stake in Manchester United
Manchester United is one of the most renowned sports teams in the world and claims 659m followers.
01/29/2013
RBC Global Asset Management receives 10 awards for 2012 fund performance
"These awards reflect the diligence and dedication of our investment professionals, who focus on delivering exceptional value to our clients year in and year out. I would like to congratulate the teams, and thank our clients for their confidence and
01/29/2013
Luxembourg fund industry releases record figures for 2012
We are pleased with this return of confidence in investment funds.”
01/29/2013
BNY Mellon Named Largest Fund of Hedge Fund Administrator
"We've been able to benefit from increasing moves toward outsourcing as funds of hedge funds continue to strengthen their operational infrastructure."
01/29/2013
Barclays axed from Co-op’s ethical fund portfolio
Serves as a wake-up call to high street banks.
01/29/2013
BNP Paribas Securities Services launches UK Trustee and Depository service
BNP Paribas Securities Services today announces the expansion of its independent Trustee and Depository service to the UK market, in light of the incoming AIFMD.
01/29/2013
Vanguard listed as new product provider of three ETFs to SIX Swiss Exchange
Vanguard Investments Switzerland GmbH has today announced the cross-listing of three of its Irish-domiciled exchange-traded funds (ETFs) to the SIX Swiss Exchange, increasing the Vanguard group’s presence in, and demonstrating its commitment to the
01/28/2013
Armajaro Asset Management Trader Dies at Age of 35
Before joining Armajaro in May, he was co-portfolio manager of the TT Long/Short Financials fund.
01/28/2013
EDHEC-Risk reveals risk control plan
These proposals can be categorised into three major themes.
01/27/2013
European Fixed Income Fund Managers Foresee Deepening Eurozone Recession - RESEARCH
European fixed income fund managers believe that the recession in the Eurozone will deepen in 2013, says S&P Capital IQ’s Fund Research in its latest sector trends paper, available at www.marketscope.com.
01/27/2013
Schroders launches Sirios US Equity fund on GAIA platform
Schroders has announced the launch of another externally-managed fund, Schroder GAIA Sirios US Equity, on its UCITS platform. GAIA is a regulated, transparently operated platform for UCITS funds designed to give investors easier access to hedge funds.
01/27/2013
ETP industry surpasses milestone of $2 trillion in assets under management
The size of the global Exchange Traded Products (ETP) industry has now surpassed the milestone figure of $2 trillion, according to the ETP Research team at BlackRock, Inc.
01/27/2013
BoCHK AM to expand global partnerships
Chief executive Au King-lun wants to build institutional clientele as a precursor to deals in the Middle East or Europe.
01/24/2013
MoneDiam aims to make diamonds trade like bullion
"The high security liquid and tradable hard asset class will open a new market for international investors and the diamond producing industry alike."
01/24/2013
SS&C GlobeOp Forward Redemption Indicator measures 2.04% for January 2013
Investor redemption notifications for January are the lowest since April 2012
01/22/2013
AMP Capital expands global property portfolio with Boston core office acquisition
The iconic building consists of over 64,000 square feet over 11 storeys and is currently 81 per cent occupied.
01/22/2013
Fee pressure evident in Alternatives only
Asset management fees in alternatives have fallen due to supply and demand dynamics
01/21/2013
The ECU Group partners with Calm Logic
The ECU Group Plc and Calm Logic Ltd are pleased to announce the formalisation of commercial arrangements, including the subscription by ECU for newly issued shares representing a 30% interest in Calm Logic.