303 articles found within the last year.
Displaying results 161 - 180
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GE Real Estate names new international head
GE Real Estate, the commercial property arm of ... Mark Hutchinson, formerly president of GERE’s Asia-Pacific business, ... The move comes a day after GERE said ... Ron Pressman, president and chief executive of GERE, ... GERE said the organisational changes include the formation...
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Allianz Global Investors profit falls despite asset inflows
Allianz Global Investors, one of Europe's largest asset ... The company, a subsidiary of German insurance company ... Revenue was also lower because of reduced management ... Third party assets under management fell from €765bn ... Net income, the post-tax profit attributable to shareholders,...
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Funds and profits slide at BGI
Assets under management and pre-tax profits at Barclays ... BGI, which released its half year results today, ... The group said that its active management business ... John Varley, group chief executive at Barclays, said: ... BGI said an initial drop of £74bn in ... The £12bn figure is less than half of...
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Profits halve at F&C
London-listed fund manager F&C Asset Management, whose controlling ... Alain Grisay, F&C's chief executive, said the company's ... Grisay said: "This has shot up to a ... F&C reported an operating profit of £5.3m for ... It said it had incurred higher costs as...
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Odey pockets $55m after 55% return
UK hedge fund manager Crispin Odey earned almost ... Odey was the highest paid member of Odey ... Odey personally manages Odey European Inc, or OEI, ... The performance of OEI helped Odey Asset Management ... OEI Mac, a feeder fund for OEI that ... Some funds at Odey have performed badly. Odey...
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Abramovich hires MDM director to run his fund
Millhouse, the investment vehicle of Russian oligarch Roman ... A spokesman for Millhouse said Pavel Natalich had ... Before working in the fund management unit of ... A source close to MDM said: “Pavel was ... Russian oligarchs are increasingly attracting talent to help...
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Collins Stewart Fund Management taps Investec executive
Collins Stewart Fund Management has hired Mike Brown ... In his new role, Brown will oversee the ... During his eight-year stint at Investec, he performed...
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Deutsche's asset management profit falls 17%
Deutsche Bank blamed market conditions for a 17% ... The division registered pre-tax profit of €242m ... The division reported net revenues, comprising performance and ... In a statement, the company said: "The declines ... Assets under management, which drive its management fee...
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Julius Baer continues UK push with new head of sales
Julius Baer, the Swiss private bank, has taken ... Stephen Moore will report to Beat Egger, managing ... Moore joins from Threadneedle Asset Management where he ... Beat Egger said: “Stephen’s appointment is a ... He added that Moore joins the investment products ... Another member of the team is Patrick Buri,...
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Wealthy swell global cash pile to more than $25 trillion
A flight to safety and the emerging market ... Wealthy investors account for $7 trillion of the ... Sovereign wealth funds have risen in value to ... The firm estimates the value of global pension ... Additional sums held in bank deposit accounts that ... A large proportion of this sum, notably within...
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Unigestion to launch two funds of funds
Swiss asset manager Unigestion is launching two funds ... It has seeded its Distressed Hybrid Fund of ... Jean-François Hirschel, Unigestion’s head of marketing, said: “When ... The firm said repricing of risk, increased credit ... Hirschel added: “The distressed cycle we are expecting...
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Pension funds pour £18bn into bonds
UK pension schemes have channelled more than £18bn ... The move comes as more than half of ... Companies in the FTSE 100 index have switched ... The shift has happened because bonds better match ... Some of the biggest switchers during the past ... UK schemes are also derisking in other ways....
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Foreign managers attracted to Russia by the region’s wealth
Russia’s crowded asset management arena is getting busier. ... Benelux’s Fortis, Germany’s Allianz, Italy’s Pioneer Investments, Austria’s ... Russia’s emerging middle class and a boom in ... Société Générale Asset Management, which manages more than ... Société Générale declined to comment on whether it...
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Analysts predict further falls in property values
Meltdown for the real estate sector is approaching, ... The situation in the UK, Spain and Ireland ... Real estate indices across the world are hitting ... The global residential mortgage crisis, which has led ... City Lofts, an inner-city property company, became a ... Property veteran Nigel Kempner, appointed City Lofts non-executive...
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Private banks boost risk controls
After Citigroup’s International Personal Bank faced anti-money laundering ... Industry sources agree private banks are having difficulty ... He said: “Many private banks are struggling in ... In a report last year, the Financial Services ... However, private banks say the regulator is too...
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Billionaire family targets 15% return from real estate debt fund
The Pears family, owners of real estate valued ... About €50m has been committed to the fund, ... Expectations of falling values in the real estate ... It will be targeting net returns of between ... The Pears family, active in property since 1952, ... Telereal has displayed interest in the Trillium property...
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Cheviot campaigns to win UBS clients
Cheviot Asset Management has raised the stakes in ... It follows the decision of 18 wealth advisers ... Another team of former Laing advisers, led by ... The Cheviot letter has been sent to former ... It said UBS was not amused by the ... More than 3,000 clients with assets worth £2.5bn...
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Bank of China buys into Swiss wealth manager
The state-controlled Bank of China has acquired a ... Jacques Mechelany, who founded of Heritage Fund Management ... He said the deal, has price has not ... Heritage Fund Management runs six funds, of which ... Mechelany said: "We made a mistake in January. ... The fund has underperformed against the Shanghai Shenzen...
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New Star's Whittaker replaced on flagship fund
Stephen Whittaker, chief investment officer at New Star ... Whittaker joined New Star in 2002 after building ... Charles Deptford took over the fund yesterday. Deptford ... Before joining Barings in 2004 he managed funds ... Whittaker is now focusing on the £477m UK ... Despite its significant underperformance there are no plans...
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Japan funds outperform in second quarter
Japanese equities funds outperformed all other asset classes ... In the latest quarterly Caps survey from BNY ... The results come after a difficult period for ... Some fund managers have pointed to Japanese inflation ... UK equity fund returns ranged from -1.1% for ... Global equity funds returned -0.7%, ahead of the...
