10 articles found within the last year.
Displaying results 1 - 10
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New commodities fund taps into optimism
A former head of commodities at AIG, the ... Christiaen van Lanschot formed VOC Capital with colleagues ... Van Lanschot said VOC planned to target institutional ... He said: “Corporate governance is at the forefront ... The fund will be available through a managed ... Investments will be subject to a 15-day redemption...
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Buyers arise for AIG unit as some bids scrape floor
About half a dozen bidders have emerged for ... The auction is for the piece of AIG ... The sale shows the pressures on AIG, which ... Several buyers have submitted offers between $400m and ... Private equity firms Ashmore Investment Management, Hellman & ... Bidders' low prices have come from concerns about...
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Networks create a buzz
Wealthy individuals are mobilising in an eff ort ... Five years ago, James Surowiecki, a writer for ... Surowiecki argued that to be reliably successful, groups ... Ironically, much of the wealth management industry is ... It is why they live behind gates and ... The rationale is that isolated clients are less...
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The AIG Controversy: Falling Credit Rating Costs AIG --- Forced to Post Extra Collateral
LONDON -- American International Group Inc. has been ... The requirement to pay collateral was triggered by ... AIG posted cash collateral of about GBP 224 ... The collateral was put up in November and ... A spokesman for AIG had no immediate response ... There is no suggestion that either tenant is...
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AIG warns on protected fund distributions
US insurer AIG has warned that investors in ... The protected fund is the rump of AIG's ... Investors in the enhanced fund were able to ... In its February news letter to investors, AIG ... The letter goes on to warn that distributions ... However, AIG sources say that it is still...
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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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Coutts fights back after fresh attack over AIG
Private bank Coutts has rejected fresh criticism that ... The UK bank was responding to an attack ... In an open letter published today, he said: ... Mills urges other Coutts customers who have similar ... Coutts, part of Royal Bank of Scotland, majority ... It added: "Coutts has been lobbying AIG on...
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Sir Keith Mills' letter
This morning UK entrepreneur Sir Keith Mills published ... An open letter to Coutts customers ... If you are a Coutts customer and, like ... I have set this website up to bring ... This is the reason why. ... Coutts recommended to me, and I assume many ... Coutts said my money would be safe as...
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95% of AIG cash fund investors move into recovery fund
Nearly all the investors in the troubled AIG ... An overwhelming 95% of investors in the enhanced ... AIG Life said: "Following the extensive communication exercise ... Policyholders have overwhelmingly recognised the value of the ... The insurer said in a press release this...
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AIG Investor Action Group plans to appoint lawyers
The AIG Investor Action Group, the lobby group ... In a letter sent today to AIG clients ... The fund requires an initial contribution of £250 ... Anyone not paying their contribution by Friday 21...
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