258 articles found within the last year.
Displaying results 221 - 240
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Swiss banks bow to 'say on pay' pressure
Ethos, the Swiss corporate governance foundation that piled ... UBS and Credit Suisse, along with the Swiss ... In a statement this morning, Nestlé confirmed the ... UBS declined to comment, except to confirm the ... Ethos filed a series of resolutions at five ... Following the agreements with UBS, Credit Suisse and...
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Tosca points redeeming investors to improved performance
Toscafund, the UK hedge fund which lost over ... In a letter to redeeming shareholders seen by ... However, Toscafund narrowly avoided giving up the last ... Toscafund, which was down as much as -67% ... A source close to Toscafund said the performance ... The fund said that some investors that had...
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Fund managers bullish on global economy
Fund managers' expectations for the global economy have ... Investors agree that the world is in recession, ... The proportion of fund managers who predict ... However, the improvement in overall global sentiment hides ... By contrast, European fund managers have become more...
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Former Pictet equities head joins Threadneedle
The former head of European equities at Swiss ... Ann Steele was at Pictet for five years, ... The appointment comes after asset managers around the ... Threadneedle said last week that its own head ... Threadneedle managed £47bn (€51bn) of assets at the...
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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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Ashmore assets down by more than a fifth
Ashmore Investment Management, a specialist emerging-markets fund manager, ... Ashmore's assets under management fell 23%, from $31.9bn ... In its three-month trading update today, the company ... However, Nitin Arora, an analyst with the boutique ... He pointed out there had been a flow...
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Church seeks fund manager – non-believers welcome (short-sellers need not apply)
The Church of England is looking to recruit ... The successful candidate will report to the 33 ... A high-profile advertisement placed in the Financial Times ... A spokesman said: "There is no genuine occupational ... However, the Church will be more restrictive on ... Nor do they lend their UK and US...
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Fund closures rocketed in 2008
Asset managers in Europe liquidated and merged funds ... There were 4,548 share classes for investment funds ... A single investment fund will usually have multiple ... Christopher Traulsen, director of fund research for Morningstar ... The research said that the advent of cross-border...
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Man Group assets down in third quarter
Man Group, the world's largest publicly traded hedge ... The amount of funds as of December 31 ... The result is lower than the $58.12bn expected ... The investment bank said continuing outflows from the ... "The principal cause of funds under management reduction ... "The overall effect was to reduce funds under...
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Liontrust rocked by star fund manager departures
Liontrust, the London funds house which is the ... Liontrust announced this morning that Jeremy Lang and ... In May last year, Liontrust said it was ... Liontrust provided no further details on why the ... Lang's growth fund, and Pattison's UK equities large-cap ... Over the last three years Lang's growth fund...
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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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Oppenheimer Redux: markets still in 'fundamental disequilibrium'
The financial markets remain engulfed in "fundamental disequilibrium" ... In note entitled Oppenheimer Redux, published by Recovery ... Jurshevski said: “We have been trawling through the ... He added: “Therefore we have to say ‘thank ... The advisory firm believes there are three critical...
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News Analysis: SGAM is a smart scoop for GLG
The sale of Société Générale's UK asset management ... The deal marks an anti-climax to Société Générale's ... SGAM currently manages $8.2bn (€5.8bn), against the group’s ... But only in a monetary sense. For GLG ... Crucially, from GLG’s perspective, Jean-Pierre Mustier, the former...
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Barings looks for Japan managers
Baring Asset Management is on the lookout for ... Joji Maki, the head of Japanese equities based ... The company will keep its fixed-income and distribution ... The spokeswoman said that the restructuring is not ... For the single year period it returned -42%, ... Earlier this year Barings brought its US equities...
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Fund managers halve pay to avoid job cuts
Pay at asset management firms is set to ... Lewis Sanders, chief executive at AllianceBernstein – one ... He said: “There are going to be fewer ... Vicky Wright, head of European executive remuneration research ... Parkhouse said that a UK fund manager’s base ... Asset manager compensation costs tend to come to...
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UBS ‘plans’ for Kurer’s departure
UBS has a contingency plan to replace chairman ... Sources close to UBS said it had contingency ... BP executive Sally Bott, who became independent head ... She was proposed as a board member in ... Kurer became chairman of UBS in April after...
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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...
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'Gloomy' Goldman picks top trades for next year
Goldman Sachs has unveiled seven of its top ... In its global economics weekly report today, Goldman ... The trades range from going long on Chinese ... Trade number five is selling credit protection on ... Goldman said mounting concerns about Sweden’s banking sector’s...
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UK advisers favour US equities over emerging markets
Over half of UK advisers recommend investing in ... The bank said “with US valuations at their ... Clare Hart will manage the JP Morgan ... Jasper Berens, head of UK retail sales at ... He added that UK advisers and investors have ... US valuations are particularly attractive at present, having...
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Rising Stars: Supernovas outshine their predecessors
To paraphrase Oscar Wilde, the markets may be ... This year’s Rising Stars are the most multi-talented ... They include James Peterson, a 30-year-old partner at ... Those on the fourth list of young aspirants ... Notable absences from last year’s list include David ... André Esteves, the former global head of fixed...
