303 articles found within the last year.
Displaying results 41 - 60
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Investors expect tighter US regulatory grip under Obama
European asset managers predict that regulatory oversight of ... Colin Melvin, head of corporate engagement services at ... Hermes' priorities include more power to shareholders in ... However, Melvin cautioned that another Democratic idea has ... He said: "That kind of thing we would...
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New manager hires slow amid turmoil
European institutions have withdrawn from hiring external asset ... Chris McNickle, a consultant at Greenwich Associates, the ... "Not only did they slow the pace of ... Greenwich Associates said that as institutions further are ... It said "Across the continent, European institutions are...
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Jupiter wins from Iceland funds fallout
Jupiter Asset Management, the £17bn (€21bn) London funds ... The €124m ($158m) mandate win for Jupiter followed ... The appointment means Jupiter's executive deputy chairman Jonathan ... Edward Bonham Carter, Jupiter chief executive, said an ... Meanwhile, other parts of the Icelandic banks' businesses...
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Fund managers scent market bargains
Fund managers are unwinding cash positions built in ... The US market is now trading 26% below ... Max King, an investment strategist on Investec Asset ... Baring Asset Management has already moved, reversing an ... Crispin Odey, chief executive of Odey Asset Management, ... In last month’s fund manager opinion survey from...
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Veritas underlines focus on yield
Expect little capital gain over the next 12 ... Charles Richardson, chief executive of Veritas, said: “Having ... Richardson has been an asset manager since 1986 ... He co-founded The Real Return Group, which owns ... Experience has not made them immune from disappointing...
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GLG Partners wakes up to prospect of life after Coffey
Hedge fund manager GLG Partners is facing up ... The UK hedge fund manager with a US ... He said: “The money went into place on ... The firm warned shareholders in May that investors ... Equity analysts at Credit Suisse estimated, in a ... A revised estimate for the end of September,...
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Business responsibility index outperforms market
Companies that devoted management time to corporate responsibility ... The study, commissioned by the private sector group ... Companies that were rated highly for corporate responsibility ... In all six years studied, the 33-strong Corporate ... The study chimed with earlier research from the...
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Hedge fund pain to hit Julius Baer subsidiary
GAM, one of the five largest fund of ... Equity analysts at Citigroup, who cover GAM's parent, ... Citigroup's forecast of flows chimes with a prediction ... The Citigroup analysts wrote in a research note: ... GAM's flagship diversity fund fell 4.5% in September, ... A spokesman for the Julius Baer group declined...
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Balanced funds increase cash to record levels
Balanced funds in the UK held more cash ... At the end of September, balanced funds held ... Three funds held a fifth or more of ... At the same time, pooled balanced funds' average ... Index performance suggests that UK stocks fell further ... The BNY Mellon report added: "We also saw...
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Nervous investors put leverage under scrutiny
Investors are looking beyond banks to other parts ... Fears over asset managers’ debt were sparked last ... It is not the only asset manager with ... The cost of protecting against a default by ... The cost of credit default swaps came into ... Invesco said the rise was in the context...
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Schroders to cut costs as profits dive
UK-quoted asset manager Schroders has become the latest ... The company, one of the largest asset mangers ... The fall in assets under management resulted from ... The directors of Schroders said the outlook was ... The directors then went on to say: "We ... The company, whose chief executive is Michael Dobson,...
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Asset management experts predict further pain ahead
Leading figures in asset management, including Mercer's Andrew ... Speaking to Financial News, as part of a ... He added: “It would not surprise me at ... Meanwhile, Huw van Steenis, who leads a team ... He said: "We reduce our 2009 estimates by ... Morgan Stanley's analysts said they had increased their...
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Saudi asset manager swells through acquisition
NCB Capital, the fund and wealth management arm ... The acquisition, for an undisclosed amount, will see ... The Capital Partnership, led by founding partners Ali ... NCB is also primarily a wealth manager, though ... NCB said it was the largest acquisition deal ... NCB Capital's parent group, which is also known...
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Swiss hedge fund hit by underperformance
Swiss funds of hedge funds manager Gottex suffered ... The group’s assets under management were $13.5bn at ... The statement said: "Many of Gottex’s products have ... Joachim Gottschalk, the chairman and chief executive officer ... The company also suffered net outflows of $490m...
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Grim forecasts force fund managers to eye more cuts
Asset managers are bracing themselves to cut more ... Mainstream managers are planning more job cuts, while ... Goldman Sachs last week downgraded its earnings forecasts ... Until this week, they had been predicting an ... Goldman Sachs said US asset managers should expect...
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BlueBay sees ‘exceptional’ opportunity in credit cycle
BlueBay Asset Management said recent market turbulence presaged ... Chief executive Hugh Willis said that the firm ... Earlier, BlueBay unveiled an interim management statement for...
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'Bad boy' Odey beats benchmark by 9%
The hedge fund run by veteran UK manager ... Odey's fund, which takes long and short positions ... Hedge fund managers, and in particular those who ... Short positions in banks and financials added 2.29 ... Odey said in his note, which his firm ... The fund has a stake in Goldman Sachs,...
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Fund managers at most downbeat for a decade
Fund managers are feeling more pessimistic about global ... The latest fund manager survey by Merrill Lynch, ... Fund managers' expectations for global growth over the ... Almost three-quarters of those surveyed believe that the ... The markets' turbulence in September took its toll...
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SSgA appoints global CIO
State Street Global Advisors, the funds arm of ... SSgA has promoted Richard Lacaille to the newly-created ... Lacaille, who joined SSgA in 2000, has held ... He will continue to be based in London, ... Powers said in a statement: “We conducted an ... Lacaille was not immediately available to comment. ...
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Top asset managers post slowest growth for five years
Assets managed by the world’s 500 largest fund ... At the beginning of the year they looked ... The top 20 asset managers grew by only ... Craig Baker, global head of manager research at ... "Certain medium-sized boutique firms, particularly those running alternative...
