259 articles found within the last year.
Displaying results 1 - 20
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Swedes rewrite directive to remove hedge fund leverage cap
The Swedish Government, holder of the European Union's ... A copy of the Swedes' proposed redrafting, submitted ... Instead, it would empower competent authorities - which ... The Swede's proposal has deleted the passage in ... A source in the hedge fund industry close ... Poul Nyrup Rasmussen, president of the Party of...
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Fund managers use 'fresh pot of money' to return to full-time hiring
The asset management industry has returned to the ... Asset managers have become cautiously optimistic since September ... Alex Hindoian, senior recruitment specialist at Investit People, ... "This was not the case for most of ... In July, Financial News reported that some of...
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Veteran funds trio joins wealth manager
UK wealth manager St James’s Place has added ... Vivian Bazalgette, the former chief investment officer at ... Bazalgette and Dunscombe will have the job of ... The group contracts out the management of its ... Ralph, who will become full-time CIO, has experience ... Maia Capital was shut down in July, following...
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News Analysis: Insight cut down to size
Lloyds Banking Group is keeping £42bn (€47bn) of ... Lloyds unveiled the plans for its asset management ... However, the underlying staff numbers, also announced yesterday, ... Of the remaining staff, 120 are losing their ... According to a source familiar with Insight's strategies,...
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LGIM assets swell to record high
The funds arm of UK insurer Legal & ... Legal & General Investment Management's assets stood at ... The funds arm continued to enjoy positive flows ... Over the first nine months of the year, ... The news of strong demand for its bond ... Other managers are talking with investment consultants about...
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Nemesis hires former Lehman Brothers funds head
London boutique Nemesis Asset Management has hired the ... Robert Sargent joined Nemesis Asset Management’s office in ... Sargent was most recently head of asset management ... Before joining Lehman Brothers, he worked at Morgan ... Sargent said: “With the worst of the global...
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Rasmussen has a point on alternative fund managers
Poul Nyrup Rasmussen, leader of the Party of ... He appears to dislike hedge fund and private ... The directive would impose a permanent limit on ... Their wish is based on a sensible idea: ... The socialists want to increase the burden on ... Again, the idea, as far as it goes,...
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Balanced funds buoyed by best returns in 34 years
Fund managers running balanced mandates – multi-asset funds ... Balanced funds – once the investment of choice ... The best-performing fund managers during the quarter were ... However, over the longer term, the best-performing balanced ... Balanced managers have been steadily increasing equities allocations...
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Fund managers' risk appetite on the rise
Risk appetite among traditional fund managers in Europe ... UK funds house Schroders polled 90 asset and ... The results were in stark contrast to findings ... Richard Mountford, head of global intermediary at Schroders ... He said: “Risk appetite has returned to markets...
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Citadel opens its 'gates' on better results
Citadel Investment Group told investors it would fully ... The Chicago firm also confirmed that a banker ... The developments showcase the challenges facing the firm ... Chief executive Kenneth Griffin built Citadel's reputation delivering ... "Unquestionably, some of our core strengths became liabilities...
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Henderson chief predicts large-scale industry consolidation
Andrew Formica, chief executive of Henderson, has predicted ... Formica’s comments came as the UK fund manager...
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Deutsche returns to profitability in asset and wealth management
Deutsche Bank's asset and wealth management division has ... The German bank recorded pre-tax profit of €134m ... The division recorded €722m of net revenues in ... The division had suffered net outflows last year ... In previous quarters, the division has had to ... Matthew Clark, an analyst at independent research company...
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UK investors' billions push funds to record year
UK retail investors have put a record £19bn ... Retail investors placed a net £2.7bn into funds ... Over the first nine months of the year, ... Before September, corporate bond funds had taken in ... M&G Investments, the funds arm of UK insurer ... The third most popular funds last month were...
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Star financials manager set for Jupiter return
Guy de Blonay, the New Star manager regarded ... De Blonay will join Jupiter in January, according ... De Blonay and Gibbs are among the best-known ... Gibbs' £1.3bn financials fund at Jupiter was the ... Before working at New Star, De Blonay began ... De Blonay is still at Henderson and will...
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Analysts see Jupiter as candidate for float
Expectations that UK fund manager Gartmore will pull ... Jupiter Investment Management, led by Edward Bonham Carter, ... The speculation appears premature, given its backer, TA ... Jupiter’s operating profits of £91m in the year ... The manager pulled in business worth £1bn, although...
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Swiss asset manager launches Paris office
Unigestion, a Swiss asset manager specialising in alternative ... Patrick Fenal, the firm’s chief executive, told Bloomberg...
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Legg Mason appoints billionaire activist investor as director
Legg Mason on Monday named Nelson Peltz a ... In return for the director’s post, Peltz has...
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Comment: Banks must beware Myners' bonus warning
It may have counted for only eight words ... Lord Myners, Financial Services Secretary to the Treasury, ... His eight word warning came at the end ... How scared bankers should feel in relation to ... Myners did not include any detail, at all, ... He also followed his remark by a lengthy...
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Activist hedge fund sparks public spat
A heated argument between Passport Capital, a $2bn ... Passport Capital called for an extraordinary general meeting ... The hedge fund, which owns 14% of the ... In its letter to shareholders, Passport said the ... From the beginning of the year to close ... Jones, who is one of the three directors...
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Infrastructure management fees 'too high'
Institutional investors are being put off infrastructure investment ... Jane Welsh, global head of private markets research ... However, she said "many of the infrastructure funds ... Her comments come as merger and acquisition activity ... Welsh said the high fees are reducing institutional...
