87 articles found within the last year.
Displaying results 61 - 80
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UBS extends lock-in for directors’ incentives to eight years
UBS directors will in future be locked into ... UBS also intends to gain the right to ... The size of equity awards to 13 UBS ... One broking analyst said: “UBS made the first ... The move – revealed in the bank’s annual ... A review by Lord Turner, chairman of the ... Elsewhere in Europe, Credit Suisse has incentivised executives...
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Comment: High time to save the world
James Bond has become the most valuable movie ... Audiences are entertained by Bond's exploits. But the ... The preference for order over chaos runs deep ... Over the last year we have moved into ... But despite more gloomy economic data, evidence that ... A good illustration is the decision of the...
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News Analysis: Turner racks up pressure on hedge funds
Hedge fund managers will have to give more ... Turner said this morning, in his review of ... However, he said that regulators should be ready ... The review said: “The essential principle which needs ... He stated that the FSA “already regulates UK-domiciled ... But he said: “The hedge funds themselves are...
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Turner lets offshore centres off the hook
The world's offshore centres, currently suffering a global ... Turner said: "It is important to reorganised the ... Turner said: "Many of the problems arose from ... However, Turner said: "Offshore centres must be brought ... Turner added more effective regulation of hedge funds,...
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Ex-UBS star's boutique strikes first UK deal
BTG Investments, which was founded last year by ... A statement did not disclose the terms of ... Lentikia oversees the Brocade Fund, a $700m (€545m) ... The Brocade Fund will now “get access to ... Last October, BTG, based in São Paulo, announced ... BTG was founded earlier in 2008 bys ...
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ING plans bonus claw backs for underperforming managers
ING Investment Management, the funds arm of the ... Jan Straatman, who pioneered revolutionary techniques to harmonise ... Last month the UK´s Financial Services Authority said ... ING´s move suggests investment management companies will also ... Straatman said: "We are creating much more symmetry...
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Top UBS wealth adviser suspended
One of UBS's most successful UK wealth advisers ... Julian Goodman, shortlisted as one of Europe's top ... A UBS spokeswoman declined to comment but adviser ... Clients confirmed Goodman is not in his London ... A number of Goodman's clients had an exposure ... A friend of Goodman's said: "Somebody has got...
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Hedge fund body echoes regulation calls
A powerful trade body representing the hedge fund ... The Alternative Investment Management Association said large hedge ... It added that hedge fund managers globally should ... “We want to dispel once and for all ... He spoke as politicians and regulators seek to ... Many policy makers see hedge funds, and particularly...
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FSA recruits ex-Credit Suisse private banker for top job
Mark Norris, until recently the chief operating officer ... Norris, who is a qualified accountant, will replace...
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Odey swaps UK banks for insurer in shorting play
Crispin Odey, the hedge fund manager who has ... Shares in L&G have fallen 42% so far ... A move in September by the UK’s Financial ... Odey Asset Management’s short bet, equivalent to 0.4% ... The group’s founder Crispin Odey told investors in ... His fund had more than 5% of its...
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Ex-Singer chief warned FSA against approving Kaupthing takeover
The Financial Services Authority was warned in 2005 ... Tony Shearer, who led Singer & Friedlander Group...
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Putting your adviser in the dock
The financial crisis has brought wealth destruction on ... Wealth managers that encouraged clients to invest in ... In the case of the AIG product, thousands ... An action group, AIG Victims, has been established ... Unfortunately, a recent legal judgment suggests their prospects...
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Hedge fund billionaire nets £100m from RBS shorting bet
John Paulson, the billionaire hedge fund manager, has ... RBS was trading at nearly 252p in September...
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Paulson wins again as RBS slide adds £30m
Assets belonging to John Paulson, the US hedge ... RBS’ shares plummeted by 67% yesterday, closing at ... The UK bank was worth £5.2bn by 10:00 ... By the end of last Thursday, when the ... The profits made on RBS’ share fall add ... Shorting involves selling borrowed shares in expectation their...
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Flagship Odey fund boasts double-digit return
The flagship fund of Crispin Odey, one of ... Odey's €1.3bn ($1.7bn) flaship fund, Odey European Inc, ... Investors in the $367m (€276m) OEI Mac fund, ... It was even better for investors in the ... In a letter to investors issued yesterday, Odey ... The fund came under close scrutiny last year...
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Trade body warns over crackdown on private client 'victims'
UK private stockbrokers and wealth management companies are ... The Association of Private Client Investment Managers and ... David Bennett, chief executive of the trade body, ... In a speech tomorrow at the UK's Securities ... He will add: "The private client and stockbroking...
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Carphone chief escapes FSA sanctions as rules are clarified
The UK Financial Services Authority has clarified the ... In a statement this morning the UK regulator ... As a result, where persons discharging managerial responsibilities ... The confusion derives from a lack of clarity ... It added: "We acknowledge that this has led...
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Comment: A survivor’s guide to 2009
The holiday season is traditionally the time to ... It has been a horrible year. Job cuts, ... Yet amid all the carnage, there are perhaps ... 1) The return of simplicity ... For years, investors lived by one, easy-to-understand, rule ... The last five years have seen that rule...
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Highlights of '08: Hedge fund myths blown apart in a turbulent year
When Alfred Jones launched the first hedge fund ... “We hold these truths about hedge funds to ... From 1980 to the start of this year ... Hedge funds make money regardless of market direction ... Hedge funds lost between 7.3% and 16.3% on ... Eamon Heavey, head of capital introduction for the...
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Aegon eyes cut in adviser commission
UK insurer Aegon is considering a cut in ... Advisers say Aegon’s 9% upfront commission is the ... The Financial Services Authority is concerned that the ... Intermediaries in the wealth industry run the same ... The FSA has said that clients should be ... Aegon has broadly welcomed the recommendations, which are...
