10/29/2012
Jupiter Asset Management has hit back at Hargreaves Lansdown’s criticism of its performance fees after the £742m Jupiter Absolute Return fund, managed by Philip Gibbs was dropped from its Wealth 150 fund buy-list.
10/29/2012
Assets managed by the world’s largest 500 fund managers fell by around 3% to US$63 trillion in 2011, breaking a trend of the last two years which had seen assets rise by 16% and 4% in 2009 and 2010, respectively.
10/28/2012
Ultra wealthy millionaires are reducing their exposure to hedge funds
10/28/2012
It's unusual for the funds to lag so far behind. Recent experience confirms that investing talent is a rare commodity.
10/28/2012
The stock value of Man Group Plc (LON:EMG) surged by 1.80 GBp, or 2.25 percent, from its previous close at 80.05 GBp per share to 81.85 GBP per share on Friday at the London Stock Exchange.
10/28/2012
Andrew Kelly, whose co-founder David Stevenson left the business last year
10/28/2012
Julian Ide has been confirmed as chief executive of Old Mutual
10/28/2012
Jewellery trade sources here now say they are hopeful of a pullback by the Indian authorities on the import restrictions, more so because of the recent reform policies reinitiated by the government.
10/25/2012
S&P Capital IQ Fund Research has announced the winners of its 2012 Fund Awards which seek to recognise outstanding performance in the fund management industry.
10/25/2012
The plan, which has not been made public, is taking shape amid heightened tensions between exchanges and brokers, which compete with each other for trades. Brokers also are big customers of exchanges.
10/24/2012
CFIA is currently performing investment management services
10/24/2012
The funds cover equities, bonds and diversified asset classes, and have been added as part of a push to attract advised business, according to the two firms.
10/23/2012
No target for the size of the new fund had been set, although it could attract between $2 billion and $3 billion, the person said.
10/22/2012
Group assets under management of CHF 116.8 billion[1], up 5% from 30 June 2012.
10/22/2012
Pandit is viewed by the hedge fund community as a rainmaker due to his ties to deep-pocketed investors.
10/21/2012
A new monthly commentary offers insight into hedge fund performance through the month of September.
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
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
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.