10/21/2012
Hedge funds up 1.04% in August, says Dow Jones Credit Suisse
A new monthly commentary offers insight into hedge fund performance through the month of September.
FinTech
10/21/2012
Swiss private bank to sell European ETF business - sources
Credit Suisse is the fourth-largest ETF provider in Europe
10/21/2012
Man Group shareholders call for Roman to oust Clarke as CEO
According to the Sunday Times, top shareholders in the firm have lost faith in Clarke’s ability to turn the situation around.
10/18/2012
Rare Qatar-Dubai bank notes fetch $290,000
The uncirculated notes all feature the same early serial number, which makes them even rarer, said the auction house.
10/18/2012
Global alternative asset management group continues to generate positive returns
Total fee-earning assets for the quarter increased by 2.0% to USD 7.56 billion compared to USD 7.41 billion at 30 June 2012, primarily as a result of USD 625 million subscriptions, including Penjing.
10/18/2012
Hedge Fund Redemptions Down Slightly In October
Hedge fund redemptions for October are down slightly from September, according to the the SS&C GlobeOp Forward Redemption Indicator.
10/17/2012
James Hay adds 100 new funds to platform
Chris also said: “We have added a number of funds from leading fund houses such as BlackRock, Fidelity and Aviva Investors. These are funds that have good track records and advisers are looking to use for their clients.”
10/17/2012
Henderson to power Paradigm investment proposition
The multi-asset funds will be managed by Henderson head of multi-asset Bill McQuaker
10/17/2012
Morgan Stanley's wealth management business shows improvement
Morgan Stanley's wealth management business posted a stronger profit margin in the third quarter
10/16/2012
The Dow Jones Credit Suisse Hedge Fund Index Finished Up 1.04% in September
The Dow Jones Credit Suisse Hedge Fund Index, an asset-weighted benchmark that seeks to measure hedge fund performance and provide the most accurate representation of the hedge fund universe.
10/16/2012
Who’s Been Sleeping in my Bed?
A Tenant Profile of London Central
10/16/2012
Charity Bank celebrates 10 years at the forefront of ethical banking
For a bank, ten years in the business is a relatively short period of time.
10/16/2012
BlackRock's Q3 EPS up 23% on new business
BlackRock Inc.'s third-quarter profit climbed 7.9% as the world's largest money manager saw its assets under management increase, while revenue climbed.
10/16/2012
Knight Capital Reports Net Loss After Software Error
Knight Capital Group today reported a consolidated net loss for the third quarter of 2012 of $389.9 million, or $602.9 million before income tax benefits.
10/15/2012
State Street reports revenue of $2.36 billion
Revenue of $2.36 billion decreased 3% from $2.42 billion and $2.43 billion in the second quarter of 2012 and third quarter of 2011, respectively.
10/14/2012
Growth fund gears up for £150m London float
The firm is hoping to capitalise on the decline in banks’ support for private equity buy-outs, which has restricted the number of deals taking place.
10/14/2012
Kensington House Prices Rise to $3.5 Million in London ‘Bubble’
Asking prices for homes in London surged to a record this month as values in the borough of Kensington and Chelsea rose to an average 2.2 million pounds ($3.5 million), according to Rightmove Plc. (RMV)
10/14/2012
China’s Sovereign Fund Favors Big Hedge Fund Managers, Fan Says
CIC, which helps China manage the world’s largest foreign- currency reserves
10/10/2012
Newedge Releases Prime Brokerage FX Platform
Newedge has launched a new foreign exchange (FX) prime brokerage platform, with enhanced connectivity and cross-margining capabilities, according to the French broker.
10/10/2012
Cofunds reveals most popular funds in September
Other funds in the bestsellers list included the £12.7bn Standard Life Global Absolute Return Strategies fund, the £2.9bn Newton Global Higher Income fund and the £550m Liontrust Special Situations fund.