258 articles found within the last year.
Displaying results 81 - 100
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LGT ahead of schedule with secondaries fund
A Swiss-based private equity fund of funds has ... LGT Capital Partners has raised $268m (€189m) for ... Tycho Sneyers, partner at LGT, said: “With a ... Crown Global Secondaries II follows LGT’s previous secondaries ... The first close, which enables a vehicle to ... Figures from Preqin show firms took an average...
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Former Bush adviser starts asset management boutique
A former adviser to President George W Bush ... Philippa Malmgren, who was Bush’s financial markets adviser ... Pinnavaia is the chief executive of Principalis, while ... Principalis is one of 20 asset management companies ... Malmgren said: “We basically have a new business...
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Mainstream managers move on to hedge funds’ turf
The West End of London, home to hedge ... Twenty fund management companies gained authorisation from the ... All of the 20 fund management companies are ... The long list of fund manager launches confirms ... The newly registered companies include Independent Franchise Partners,...
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Comment: High earners likely to flee to escape the spotlight
An old friend last week found himself unexpectedly ... In the circumstances this was just as well, ... But putting to one side the question of ... Perhaps a few will have stared at him ... City Minister Lord Myners this month floated an ... Myners told Financial News that this suggestion was...
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Asset management M&A set to rise
Asset management takeover activity will recover from a ... Robert Lee and Larry Hedden, analysts at investment ... Asset management companies have become more confident, Lee ... The research comes after M&A activity declined dramatically ... The total deal value of asset management transactions...
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Investec’s Mundy finds triumph in diversity
It is not often you hear fund managers ... He said: “At any one time you want ... Diversification is what has put Mundy’s fund at ... Over that period it grew by 3.3%, making ... Mundy has managed to outperform while the market ... Defensive stocks such as GlaxoSmithKline and Unilever helped...
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Piers von Simson strengthens team with strategic hires
Investment banker Piers von Simson hopes the recruitment ... In years gone by, von Simson serviced prestige ... Von Simson said he finds it hard to ... After spending his later career at advisory boutique ... Auden recruited Metcalfe after he retained it to ... Von Simson said this is a sensible way...
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Comment: Time to learn from the Etruscan approach
In ancient Rome, it was easy to foresee ... In this age of turbulence, getting a fix ... Rather than goats, strategists are inspecting any number ... Their iterations go on to be reiterated by ... When prices move too far, or different data ... Late last week, Tim Bond, head of asset...
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Artio flotation may trigger race for IPOs
Artio Global Investors may be named after a ... Other asset managers, and their owners, will be ... “I’m not sure I’ve got a long list ... Artio Global, however, is a special case. Its ... The explicit purpose of the flotation is to ... Artio Global filed a prospectus for its flotation...
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US advisers pull back from alternative ETFs
The US wealth management arm of UBS has ... UBS said in a statement yesterday that it ... Ameriprise Financial has also told its advisers to ... Other financial advisers in the US, including LPL ... The news comes after the Financial Industry Regulatory ... Two weeks ago Massachusetts' secretary of state William...
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Wealthy seek deals in the Middle East
Despite the crash in oil and property prices, ... According to one intermediary: “When I bring them ... However, this means banks are getting opportunities to ... One banking source said: “Recent cases in the ... Barclays Wealth declined to comment on specific refinancings....
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Emerging markets – offshore centres’ new friend
Offshore financial centres might be feeling the heat ... Wealth managers in Switzerland, unofficially the world’s biggest ... Nasri Victor Malhamé, chief executive of Arab Bank ... Many Swiss private banks have increased their efforts ... Outside Switzerland, UBS and Credit Suisse have their...
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Hedge funds keep gates firmly locked despite record gains
The best first-half performance by hedge funds for ... About $130bn (€91bn), or about 10% of all ... One fund of funds manager unable to retrieve ... Sheldon Macdonald, senior investment analyst at investor Nedgroup ... He said equity hedge funds relaxed curbs earliest ... Managers back on normal business terms within 12...
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Julius Baer spin-off to be first fund flotation in 18 months
Julius Baer Holding is pushing forward with its ... Artio had $47.6bn (€33bn) under management as of ... The size of the listing was not disclosed ... It will be the first public flotation of ... Sarah Spikes, an analyst at Arden, said: "There ... Artio's principals, Richard Pell and Rudolph-Riad Younes, also...
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HSBC creates 50-strong team for new hedge fund service
HSBC has created a 50-man team to try ... In a memo to staff this morning from ... This "prime services" division will bring together HSBC’s ... However, HSBC's prime services offering will be more ... The decision to launch the prime services product ... Cian Burke, who will head HSBC’s prime services...
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Julius Baer hires for London sales team
Julius Baer Asset Management, the asset management arm ... Marion Williams joins from Threadneedle and will report ... Williams will support the London sales team, promote...
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Use derivatives only in moderation
Derivatives, like alcohol, can be damaging in excess, ... While the credit crunch – often likened to ... One head of strategy at a global asset ... The 2009 Financial News Derivatives in Fund Management ... Of 113 respondents to the poll, 40% expect ... Sean Kurian, senior investment consultant and manager of...
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Structured solutions: the $1.5bn gold mine
Big-ticket mergers and acquisitions activity and huge emergency ... Deals done by structured solutions teams are some ... The essence of structured solutions is simple – ... However, the financial crisis has made its mark, ... Yet, while profits in some other areas are ... Deutsche Bank has been one of the pioneers...
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Henderson loses nearly a quarter of New Star assets
UK asset manager Henderson Global Investors said it ... Andrew Formica, chief executive of Henderson Group, which ... But Daniel Garrod and Hayley Tam, equity analysts ... Retaining New Star's assets, which amounted to £8.1bn ... Henderson saw New Star's own staff as critical...
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Walker review sets out UK banking reforms
Bankers should expect their large pay packages to ... Walker has proposed that the board-level remuneration committees ... He said there should also be a formal ... The review makes clear bonuses should be explicitly ... In a statement accompanying the publication this morning,...
