03/25/2013
Swiss SFA reiterates focus on promoting Swiss asset management, plans name change
The SFA substantiated its aim to promote Swiss asset management when it published a white paper on the matter last November.
FinTech
03/25/2013
Schroders to rebrand Cazenove funds
Cazenove Capital’s funds will be rebranded as Schroders products “in due course”
03/25/2013
HSBC Shutters Hermitage Fund as Russia Chases Browder in Courts
A former Russian investigator, Pavel Karpov, filed a libel suit against Browder and Hermitage Capital in the U.K. on Aug. 1 over allegations Karpov was involved in Magnitsky’s death.
03/24/2013
UBS switches lead manager on two bond funds
Asset management firm announces new lead manager on global inflation-linked and currency-based strategies.
03/24/2013
Ruffer, Capita and Calastone launch notification service
Ruffer, with full support of Capita Financial Group in its role as administrator, has partnered with Calastone to launch the new automated trade notification service
03/24/2013
Baring Asset Management launches new fund for multi asset team
Managed by Barings’ award-winning Multi Asset Team
03/21/2013
Lyxor to launch Ucits version of CTA giant’s fund
Asset management firm announces partnership plans which will see development of new trading strategy.
03/21/2013
Carmignac continues UK push with Elevate listing
Today's announcement is an important step in Carmignac's expansion in the UK market
03/21/2013
Cambridge Associates eyes regional expansion
The US investment consulting firm's CEO, Sandy Urie, discusses Asia's growing appetite for advice on alternative investments such as hedge funds.
03/20/2013
New Dow Jones Credit Suisse Hedge Fund Index Commentary
A new monthly commentary offers insight into hedge fund performance through the month of February.
03/20/2013
Societe Generale SS in Luxembourg develops its services offering for alternative funds
Institutional investors or other professionals who manage these funds, such as family offices or wealth managers, now have a single point of entry to SGSS’ entire range of accounting, trustee, fund domiciliation, fund administration, transfer agent
03/20/2013
SS&C GlobeOp Forward Redemption Indicator 4.33% for March 2013, up from 3.96% in February
The next publication date is April 19, 2013.
03/19/2013
Hargreaves Lansdown cuts Buxton fund from Wealth 150
As there will be no immediate changes to the fund we continue to believe existing investors need take no further action at present."
03/19/2013
Shore Capital Group preliminary results December 2012
Financial Highlights and Operational Highlights
03/19/2013
Gottex acquires multi-asset boutique
Gottex believes the acquisition provides compelling strategic benefits, including establishing one of the leading alternatives oriented multi-asset investment teams as well as complementing Gottex’s traditional fund of hedge funds business with a di
03/18/2013
JP Morgan unveils five-strong fund of funds range
'Over the last five years the fund-of-funds sector has seen a remarkable growth in funds under management.'
03/18/2013
Multi-managers mull selling Schroders after Buxton exit
Fund buyers have described Richard Buxton’s shock resignation from Schroders as a major loss for the firm
03/17/2013
Man Group will not pay 2012 bonuses for executives
Man's shares have fallen by around two-thirds since the start of 2011.
03/17/2013
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.24% in February
January, February and YTD 2013 performance numbers are listed below.
03/17/2013
EU bonus clampdown on fund managers
According to the FT, the parliament’s main parties have shown their support for plans to insert the new pay curbs into the existing reform proposals for Ucits funds.