60 articles found within the last year.
Displaying results 1 - 20
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Swedish pay plans draw hedge fund fire
Hedge funds reacted angrily today to suggestions from ... The $1.5 trillion (€1 trillion) industry has been ... But Florence Lombard, executive director of hedge fund ... The furore over bank bonuses revolved around "rewarding ... Sweden, the EU's current president, has already proposed...
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European wealth managers cut back their recruitment plans
Investment banks might be beginning to hire more ... Many of Europe’s wealth managers kept hiring aggressively ... All of them kept hiring into the final ... Steven Crosby, senior managing director at accountant PricewaterhouseCoopers, ... In contrast to Europe, the US wealth sector...
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Debt defaults hit record but expected to slow
Default rates of low quality debt at European ... Rating agency Standard & Poor’s expected the number ... The figure, which followed the agency’s last reported ... The research tracks companies in the EU, Norway, ... The aggregate outstanding debt held by the 81 ... The acceleration in defaults followed the collapse of...
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Swedes rewrite directive to remove hedge fund leverage cap
The Swedish Government, holder of the European Union's ... A copy of the Swedes' proposed redrafting, submitted ... Instead, it would empower competent authorities - which ... The Swede's proposal has deleted the passage in ... A source in the hedge fund industry close ... Poul Nyrup Rasmussen, president of the Party of...
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US hedge funds poised for bespoke account growth
The increase in demands by European investors that ... According to research into US hedge funds holding ... Currently, the majority of the $1.5 trillion in ... Tabb group predicts that the jump in bespoke ... The author of the report, Matt Simon, said ... The US is home to around 87% of...
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Institutions punish Man – although not as much as some expected
Institutional investors have pulled nearly a third of ... However, the size of the redemptions are not ... The world's largest investor in hedge funds reported ... Man's latest financial statement showed institutional investors pulled ... The redemption requests have been mainly coming in...
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Brevan Howard's investors voice concern over its size
Europe's largest hedge fund manager has sought to ... The managers of the BH Macro fund said ... The concerns focus around the fact that large ... Brevan Howard is Europe's largest hedge fund manager ... One London investor told Financial News: "What a ... But a source close to Brevan Howard said...
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Rasmussen has a point on alternative fund managers
Poul Nyrup Rasmussen, leader of the Party of ... He appears to dislike hedge fund and private ... The directive would impose a permanent limit on ... Their wish is based on a sensible idea: ... The socialists want to increase the burden on ... Again, the idea, as far as it goes,...
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Lloyds' novel capital raising set to appeal to the wealthy
Lloyds Banking Group’s plans to raise about £7bn ... Contingent capital, which comes in the form of ... It will be marketed to institutions as well ... The common equity following the conversion effectively shores ... Amir Hoveyda, head of debt capital markets for ... Hoveyda, said: “Absent any major change in the...
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Tudor offers investors easy access fund
Tudor Investment Corp, a US hedge fund running ... Today, asset manager Lyxor Asset Management announced the ... Tudor this year improved redemption terms for Tensor ... Tudor could not be reached by the time ... Separately, Ivy Asset Management this morning reiterated to...
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Ex-Lehman Europe bankers claim $100m in lost pay
Nine former European bankers at Lehman Brothers are ... Filings lodged last month with Lehman Brothers Holdings’ ... They include: former co-chief executives of investment banking ... All the bankers cite deferred compensation or restricted ... The claims come as regulators around the world...
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European alternatives debate heats up
The European Parliament's latest meeting on the future ... The European Parliament's economic and monetary affairs committee, ... The meeting lasted for over two hours, according ... The first meeting, held early last month, was ... Syed Kamall, a UK representative for the European...
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Swiss bank takes liquid path in latest fund venture
Asset manager Union Bancaire Privee has launched its ... The Swiss firm has partnered with US hedge ... UBP hopes to raise up to $500m (€340m) ... Mark Kurland, general partner at New Castle, said ... John Donohoe, chief executive of hedge fund business ... The CHF81bn (€54bn) asset manager decided to request...
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European banks move to pay back state cash
Société Générale today became the latest European bank ... All the figures are from Bloomberg. ... In October last year France injected €10.5bn (15.3bn) ... Today, French bank Société Générale said it is ... Last week, domestic rival BNP Paribas said that ... The UK Government injected €33bn in Royal Bank...
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Church Commission urges EU rethink on hedge funds
The Church of England, one of whose commissioners ... A group of six of the UK’s largest ... In a written deputation to the House of ... The House of Lords committee took submissions on ... The Church Commissioners include the Archbishop of York, ... While supporting the EU’s aim to shine a...
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UK watchdog mulls widening scope of short disclosure
The UK's financial market watchdog has mooted the ... The Financial Services Authority today said it could ... But it added that it would await any ... In shorting, speculators such as hedge funds sell ... In September last year the FSA banned taking ... However, in a report it published today, based...
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Bumper credit market inflows spark fresh fears of 'bubble'
Investors do not expect the wall of money ... In the latest credit investor survey by BofA ... The flow of money into credit funds in ... This trend is not expected to reverse soon ... Barnaby Martin, credit strategist at BofA Merrill Lynch ... He added: “With so much liquidity, investors remain...
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EU proposes tough new financial rules
The European Union's executive arm Wednesday proposed sweeping ... The European Commission's proposal will create two umbrella ... One group, incorporating the bloc's central bankers and ... The other body will bring together national supervisors ... This proposal "will go a long way towards...
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Ex-Marshall Wace star returns with hedge fund start-up
One of the most important partners at Marshall ... Daoud Zekrya, who was jointly responsible for running ... Zekrya departed Marshall Wace last November to begin ... Belay is seeking authorisation from the UK watchdog ... The third founding partner at Belay will be ... One London-based investment consultant said: "Belay will be...
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Investors focus optimism on European stocks
Investors are at their most optimistic about European ... Only 1% of respondents were investing less than ... The figures mean that eurozone equities became the ... Michael Hartnett, the chief global equity strategist at ... A more balanced perspective on regional equities coincided...
