258 articles found within the last year.
Displaying results 21 - 40
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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...
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Newton deputy CEO joins ex-colleagues at Veritas
The deputy chief executive of £35bn (€39bn) funds ... Mark Rayward will be responsible for the UK ... Rayward had responsibility for private clients and charities ... Rayward, who left the company this week, will ... A spokesman for Newton, which was named equity ... Jamie Korner, in charge of the charities division,...
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Invesco seals deal for Van Kampen
Morgan Stanley agreed to sell Van Kampen and ... The deal, which had been expected, would add ... Morgan Stanley co-president James Gorman touched off the ... Morgan Stanley was also working on building its ... Invesco's Flanagan said that he expected cost savings ... Morgan Stanley is expected to be able to...
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Infrastructure attracts just one in five investors
Fewer than one in five institutional infrastructure investors ... A survey conducted by alternative assets research firm ... Of the majority who have not committed anything ... However, 40% of the polled investors will make ... There are now 119 funds seeking to raise ... A spokesman for Preqin said: "Although fundraising over...
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A job fit for a true master of the universe
When King Augeas of Elis ordered Hercules to ... Hercules was clearly no fool. But it is ... Figures published by the European Fund and Asset ... It is not hard to see why. Asset ... Asset managers who put their clients’ interests first ... For investors, the resulting choice is bewildering. No...
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Credit rally boosts BlueBay fees
BlueBay Asset Management, the specialist bond investor hit ... The London-listed company's assets grew by 28% from ... Daniel Garrod, financials analyst at Citibank, said almost ... He said the $1bn fund hit new highs ... Clients invested $3.8bn of new money with the ... The rise in BlueBay's assets so far this...
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Local government chief calls for retirement at 70
The chief executive of one of the biggest ... Mike Taylor, chief executive of the £3.2bn (€3.5bn) ... He said: "A phased increase in the retirement ... Taylor also suggested other changes to make public-sector ... Since public-sector pensions still generally take the form...
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Odey: Caution is 'tempting but wrong'
Crispin Odey, the London hedge fund manager who ... He wrote: "Every month seems to start with ... Odey's comments came in his latest monthly letter ... The research, published yesterday, showed that fund managers' ... However, Odey warned that investors should focus on...
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ETF assets hit all-time high...again
Exchange-traded fund assets hit a record for the ... The global ETF industry managed $934bn at the ... The news marks a continuing resurgence for the ... She removed the prediction when markets plunged last ... Barclays' own ETF provider iShares remains the largest...
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Investors shun green schemes
Environmentally sustainable investment is suffering because clients are ... The survey, compiled by charity FairPensions, found that ... Respondents said this was true even of those ... JP Morgan and State Street Global Advisors were ... Craig Metrick, US head of responsible investment at...
