87 articles found within the last year.
Displaying results 21 - 40
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Property boutique aims for first low-tax fund launch
Clavis Walden, a real estate boutique started earlier ... The company has filed an application to launch ... Iain Keys, managing director at Clavis Walden, said ... In onshore authorised funds, a fifth of their ... Deborah Lloyd, a partner in the indirect investment ... Asset managers including Aviva Investors, Standard Life Investments...
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Smithers castigates central bankers
Independent economist Andrew Smithers can always be relied ... He is dismissive of central bankers’ calibre, up ... As a result of their mistakes, the International ... In his newly published book, Wall Street Revalued, ... He said capital requirements should be highest at...
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Comment: Banker bashing goes into overdrive
To judge by the way politicians and regulators ... Chancellor Alistair Darling took an early lead in ... Treasury minister Lord Paul Myners wants shareholders to ... UK heavyweight contestant, Prime Minister Gordon Brown tends ... Impressive stuff. Even French president Nicholas Sarkozy, frequently...
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Comment: Small is becoming beautiful
News of a 20% profits hike for fund ... Gone are the boom days when punters automatically ... Clients cannot even rely on large private banks ... In an uncertain economic environment, individuals may be ... The Financial Services Authority, the UK regulator, is ... Barron's, a sister publication to Wealth Bulletin, also...
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News analysis: Four men in a note-trading venture
It may be better than a garage, the ... The days of tiny hedge fund start-ups are ... This is far more than the amount Alcantara ... But having received authorisation from the Financial Services ... The firm comprises just the two founders and ... Fate and circumstance played a hand in the...
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Comment: Adair Turner wields the tax axe - again
If anyone in authority was ever going to ... Back in the days when he was UK ... To achieve semi-enforced savings, Turner fostered the creation ... In later years, when in charge of a ... Turner has made it crystal clear that over-large ... In a discussion forum hosted by Prospect magazine,...
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UK regulator backs tax on banks
The head of the UK's financial watchdog said ... Adair Turner, chairman of the Financial Services Authority, ... Excessive risk-taking has been blamed for helping spark ... Turner also Wednesday criticised some activities of London's ... "If you want to stop excessive pay in...
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Bonuses become a wedge issue in the G20
Bankers' pay has become one of the most ... UK Chancellor Alistair Darling earlier this month pledged ... Even before Tuesday's deal with banks, the French ... "The problem with guidelines is that you apply ... Germany has mostly agreed with France at G20 ... But Merkel has allied herself with French President...
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Swiss exchange plans high-frequency push
Switzerland’s stock exchange is set to adopt a ... SIX Swiss Exchange is discussing potential changes – ... Earlier this year, the Zurich-based exchange launched a ... Katz told Financial News in an interview: “We ... High-frequency firms are typically hedge funds or proprietary...
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RBS defends executives' big share rewards
Royal Bank of Scotland on Wednesday defended its ... An RBS spokesman said the stock awards to ... The 70% state-owned bank is trying to turn ... Hartzer's rewards for joining RBS include 1.99 million ... The shares in both instances will be vested ... Bostock is to receive 1.33 million shares currently...
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RBS set to sell funds unit
Royal Bank of Scotland is close to putting ... RBS Asset Management specialises in using third-party managers ... The division advised on assets totalling $50bn (35bn) ... However, this total includes sizeable portfolios of individual ... RBS, rescued by the UK Government in February,...
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Memories of Lehman fade from a key measure of risk
Banks will soon face a test of whether ... The result is that the models will give ... The positive signals would be generated by what ... Despite one-year VAR's acknowledged flaws and bankers' attempts ... "The VAR model still determines the behaviour of ... Regulators around the world are planning to impose...
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Bank remuneration code sparks fears over UK competitiveness
The chief executive of the UK’s banking trade ... She was reacting to the Financial Services Authority's ... Angela Knight, chief executive of the British Bankers’ ... Knight said of the final code applying to ... While welcoming the code, Knight warned: “Our concerns...
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Former Bush adviser starts asset management boutique
A former adviser to President George W Bush ... Philippa Malmgren, who was Bush’s financial markets adviser ... Pinnavaia is the chief executive of Principalis, while ... Principalis is one of 20 asset management companies ... Malmgren said: “We basically have a new business...
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Mainstream managers move on to hedge funds’ turf
The West End of London, home to hedge ... Twenty fund management companies gained authorisation from the ... All of the 20 fund management companies are ... The long list of fund manager launches confirms ... The newly registered companies include Independent Franchise Partners,...
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Comment: High earners likely to flee to escape the spotlight
An old friend last week found himself unexpectedly ... In the circumstances this was just as well, ... But putting to one side the question of ... Perhaps a few will have stared at him ... City Minister Lord Myners this month floated an ... Myners told Financial News that this suggestion was...
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Walker review sets out UK banking reforms
Bankers should expect their large pay packages to ... Walker has proposed that the board-level remuneration committees ... He said there should also be a formal ... The review makes clear bonuses should be explicitly ... In a statement accompanying the publication this morning,...
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Action group warns wealthy investors not to sue
The AIG Action Group, which lobbies for investors ... Doug Brodie, who has just taken control of ... Spending money on a case in such circumstances, ... The AIG enhanced fund ran into trouble last ... AIG Action was set up by a team ... Private banks who sold the AIG enhanced fund...
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Guest Comment: City of London in danger of brain drain
The City of London is home to some ... More broadly, the Centre for Economics and Business ... While alternative global financial centres such as New ... They are not here for the weather or ... Now, however, there are signs that the ties ... Recent research by accountants PwC showed that when...
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Independent financial advisers look to sell
Advisory businesses for the mass affluent could be ... Nearly one in seven IFAs are looking to ... The results showed 9% of advisers are starting ... A a greater percent of advisers - 32% ... A roughly equal percentage of advisers either believe ... Dominic Grinstead, managing director of MetLife’s UK Branch...
