25 articles found within the last year.
Displaying results 1 - 20
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Gam shares leap 5% on asset rise result
Shares in asset manager Gam Holding, which broke ... Gam Holding, which split from Julius Baer at ... The company's assets under management stood at Sfr113bn ... The rise in assets over the four months ... Both businesses reported net inflows into fixed income ... The company added that it plans to pay...
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LGIM assets swell to record high
The funds arm of UK insurer Legal & ... Legal & General Investment Management's assets stood at ... The funds arm continued to enjoy positive flows ... Over the first nine months of the year, ... The news of strong demand for its bond ... Other managers are talking with investment consultants about...
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Franklin Resources posts 22% profit rise on strong inflows
Franklin Resources on Tuesday unveiled a 22% rise ... The US asset manager’s revenue declined 6.3% on...
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Trading-powered profit rebound prompts Suisse cheers
Credit Suisse enjoyed a Sfr5bn (€3.3bn) swing in ... The Swiss bank, which was nursing a Sfr3.2bn ... Net revenues at the investment banking arm swung ... Credit Suisse group chief executive Brady Dougan said: ... Dougan added the group's third-quarter performance "complemented a...
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Trading engine room drives Goldman revenues but comp ratio falls
Goldman Sachs’ trading and principal investments business fell ... Trading and principal investments, which includes Goldman Sachs ... The bank generated net investment banking revenues of ... However, Goldman Sachs cut its compensation-to-revenues ratio to ... The results come a day after JP Morgan...
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Goldman's soft sell: Its warm, fuzzy side
Goldman Sachs will today announce that life is ... Hoping to defuse a politically combustible situation, Goldman ... His first job was selling peanuts and popcorn ... Company executives also have discussed increasing charitable contributions ... In a development that might help frame the...
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JP Morgan’s blow-out quarter leaves Winters in wonderland
JP Morgan more than doubled its net investment ... Net profits from investment banking hit $1.9bn (€1.3bn) ... The jump in profits was driven by the ... Profits for the first nine months of 2009 ... Here, Financial News provides a breakdown of the ... • Headcount and compensation ...
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Man Group's assets grow as redemptions slow
Man Group said on Wednesday that its assets ... Funds under management now stand at around $43.8bn ... The hedge-fund group also said it expects pre-tax ... Although institutions cut the amount of money they ... Hedge funds have generally reversed course in 2009 ... "Investor sentiment is continuing to improve across the...
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Bluebay profits decline as investors shun hedge funds strategies
UK asset manager Bluebay, whose shares have been ... According to Bluebay's latest annual results, the company's ... Long-only assets rose from $15.1bn to $21.5bn over ... As a result, profits before tax and exceptional ... The results came after the company's share price...
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UBS performance pay rises despite Sfr1.8bn loss
Higher performance-related compensation and basic salary increases drove ... While quarterly revenues at UBS' investment bank turned ... UBS group chief executive Oswald Grübel said on ... He said: “The investment bank is still in ... Losses fell 42% from the Sfr3.2bn figure posted...
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Lazard looks to future growth after returning to profit
Lazard put an "ugly" first-quarter loss behind it ... Profits at Lazard fell 33% to $43.1m (€30.3m) ... Lazard chairman and chief executive Bruce Wasserstein hailed ... He added Lazard is expecting "a gradual increase ... Second-quarter revenues from M&A and strategic advisory business...
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UBS makes big upgrades to investment banks
Analysts at UBS have made a significant upgrade ... The five banks, Barclays, BNP Paribas, Credit Suisse, ... The analysts made the biggest upgrade to Barclays' ... Explaining the decision to increase earnings forecasts by ... The analyst wrote: “We now expect 2010 to ... Analysts at several banks, including JP Morgan and...
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Liontrust profits plunge after 'most difficult' year
Liontrust Asset Management, the London-based funds boutique rocked ... The company's profits before tax dropped by a ... Its assets yesterday stood at £1.2bn, according to ... The news comes after investors withdrew a large ... In its statement, the company said: "The last...
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Man Group to cut back on pay as profit falls
Hedge fund investor Man Group is cutting paypackets ... Kevin Hayes, Man's finance director, said the world's ... Presenting Man's full year results, where Man reported ... The $46.8bn company saw net inflows from private ... Chief executive Peter Clarke said: "Redemptions have now...
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SG investment bankers take pay hit as writedowns drag on profits
Compensation for staff in the corporate and investment ... Revenues from trading, led by the fixed income, ... This meant that despite the strong performance from ... Société Générale said the fall in operating expenses ... Analysts at Credit Suisse wrote this morning in...
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Deutsche Bank swings to €1.19bn Q1 net profit
Deutsche Bank on Tuesday became the latest global ... Deutsche Bank also said it hit its target ... Deutsche Bank's quarterly net profit was above a ... A year earlier, Deutsche Bank reported a net ... "This positive result was driven largely by the ... Notably sales and trading of foreign exchange, money...
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Schroders profits down 71% on market volatility
Schroders said on Thursday that first quarter pre-tax ... The UK-based asset manager said pre-tax profit after ... Funds under management were £103.1bn, down 6.4% from ... Schroders said net outflows from institutions amounted to ... "The high level of volatility in financial markets...
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Ashmore declines as investors shy from emerging markets
Ashmore, a fund management business that specialises in ... Ashmore's funds under management fell back 4% during ... Many bond issuers in emerging-markets borrow in international ... In its results statement this morning, the company ... The company also made arguments about the fundamental...
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Man Group profit down 43%, launches new business
Man Group Thursday reported a 43% decline in ... In its preclose trading statement, the world's largest ... Funds under management were also down slumping 36% ... At 08.30 GMT, the shares were up 22 ... Analysts were bullish on Man Group's guidance and ... "Continued private investor demand for structured guaranteed products,...
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Market slide threatens fresh woe for fund managers
The 22% fall in world equity markets since ... Robert Lee and Larry Hedden, who cover listed ... Analysts at Goldman Sachs, in their most recent ... They cut forecasts and price targets for the ... KBW's team were in agreement, sceptical on retail ... Institutional investors, though equally alarmed at the deterioration...
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