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FinTech

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

04/22/2013

Ashcourt Rowan sells personal pensions admin business

Ashcourt Rowan has agreed to sell its pension trustee companies

04/21/2013

Hedge funds find new Swiss rules good for business

Fund managers had feared tighter legislation passed this year

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