71 articles found within the last year.
Displaying results 61 - 71
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GAM's assets halve as wealthy investors take fright
The London-based asset management unit of Bank Julius ... Assets at GAM, which focuses largely on hedge ... This was a sharper fall than both the ... GAM hinted it had made severe cuts to ... He added that about 40% of GAM's products ... Of hedge funds, he said: "As equity markets...
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Swiss exchange appoints new chief
Switzerland's stock exchange has appointed the head of ... Christian Katz, who currently runs Goldman Sachs's equities ... Katz will also join the board of SIX ... The appointment comes as the Swiss exchange faces ... Turquoise, an alternative trading venue backed by nine...
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AbCap makes next step in restructuring drive
Asset manager Absolute Capital Management Holdings is restructuring ... Absolute Capital Management is rebranding its fund management ... The firm's Absolute Germany hedge fund, which invests ... The £2.4m (€2.7m) company has also combined the ... In calculating performance fees for each Xanthus fund...
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Managers act on UBP fund valuation move
When the world’s second largest investor in hedge ... So, when Union Bancaire Privée announced last month ... UBP itself was reacting to events. The Swiss ... The Alternative Investment Management Association and the Hedge ... UK and European hedge funds have always employed...
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UBS will offer deferred payments for many bonuses
UBS plans to pay senior US investment banking ... The Swiss bank, which like other financial firms ... The deferred payment could be cancelled if UBS ... Hundreds of senior bankers and traders are likely ... Many top executives at banks and securities firms ... Separately, the bulk of UBS bankers' Sfr2bn (€1.3bn)...
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Swiss banks bow to 'say on pay' pressure
Ethos, the Swiss corporate governance foundation that piled ... UBS and Credit Suisse, along with the Swiss ... In a statement this morning, Nestlé confirmed the ... UBS declined to comment, except to confirm the ... Ethos filed a series of resolutions at five ... Following the agreements with UBS, Credit Suisse and...
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Swiss scheme moves to narrow deficit
The Sfr1.09bn (€733m) public sector retirement scheme for ... The fund is proposing to sell off land ... The commune said that the fund's 40% funding ... A 30-year bond paying an annual interest of ... Beat Zaugg, an investment consultant at Watson Wyatt ... Occupational pension schemes have also set their sights...
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Swiss private bankers braced for layoffs in Madoff fallout
Faced with the fallout from the Madoff scandal, ... Konrad Hummler, a managing partner at Wegelin, Switzerland’s ... “This will inevitably feed through to cost cuts ... Hummler said banks reliant on income from fund ... He said: “Rich clients saw many of these ... “But they won’t be so gullible a second...
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UBS ‘plans’ for Kurer’s departure
UBS has a contingency plan to replace chairman ... Sources close to UBS said it had contingency ... BP executive Sally Bott, who became independent head ... She was proposed as a board member in ... Kurer became chairman of UBS in April after...
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UBS claws back millions as compensation dominates EGM
UBS chairman Peter Kurer today revealed the Swiss ... At today’s meeting in Lucerne, the tone among ... Kurer today declined to name those who have ... Kurer today added that “talks are ongoing with ... The UBS chairman was responding to questions from ... Another investor accused Levrat of pursuing an "unproductive...
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Former UBS chairman and directors forgo compensation
Ex-UBS chairman Marcel Ospel and two former board ... Ospel stepped down as UBS chairman in April ... The three revealed today in a statement they ... The former executives have signed agreements with UBS ... The statement clarified that their decision on the ... Ospel said: “With the involvement of the Swiss...
