108 articles found within the last year.
Displaying results 1 - 20
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Aberdeen takes control of Horlick's Bramdean
Aberdeen Asset Management has started managing the listed ... The board of Bramdean Alternatives said it had ... Bramdean Alternatives invests in a range of alternative ... Aberdeen replaces Bramdean Asset Management, Horlick's management firm, ... Property entrpreneur Vincent Tchenguiz mounted a high profile...
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How to get a job in fund management
While UK unemployment hit 2.46 million last week, ... Sentiment began to shift in the summer, they ... There is still much caution around, but one ... September’s City attitudes survey from the Confederation of ... The report’s authors wrote: “These changes are surprising,...
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Cash floods UK property managers
Institutional investors are so enthusiastic about UK commercial ... The Association of Real Estate Funds said unlisted ... UK property fund assets totalled £21bn at the ... The turnround was well-flagged, according to the asset ... But the sudden wave of assets is raising...
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UK managers urge Government action on offshore domiciles
The UK’s asset management industry has urged the ... Although asset managers in London and Edinburgh oversee ... A UK industry working group, convened by Chancellor ... Robert Jenkins, chairman of the Investment Management Association ... He said: “Fund taxation policy has not been...
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Local authority drops UBS after ‘unsuccessful’ run
The Bexley local authority pension scheme has decided ... The £325m (€364m) scheme appointed Inalytics, a data ... It said that UBS got fewer than half ... It said that the positive contribution from good ... The Inalytics analysis also questioned the timing of ... A UBS letter in response to the Inalytics...
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Swiss brokerage chief sheds light on hiring market
Vontobel, the Swiss financial institution best known for ... The firm, which lists the wealthy Vontobel family ... Matthew Thomas has joined as head of sales ... The hires double the firm's existing equities brokerage ... Speaking to Financial News, Bagchi shed light on ... He said: "We wanted to make some hires...
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Analysts see Jupiter as candidate for float
Expectations that UK fund manager Gartmore will pull ... Jupiter Investment Management, led by Edward Bonham Carter, ... The speculation appears premature, given its backer, TA ... Jupiter’s operating profits of £91m in the year ... The manager pulled in business worth £1bn, although...
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Big banks face change in the UK
The UK Financial Services Authority said it will ... Breakups would mean that banks that have retail ... King's views on the issue carry weight because ... Asked about King's comments in Parliament Wednesday, Prime ... The FSA's paper comes partly in response to ... "The cause of the problem is that banks...
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Comment: Banks must beware Myners' bonus warning
It may have counted for only eight words ... Lord Myners, Financial Services Secretary to the Treasury, ... His eight word warning came at the end ... How scared bankers should feel in relation to ... Myners did not include any detail, at all, ... He also followed his remark by a lengthy...
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UK to make push this week on bank bonuses
The UK Government this week will ask about ... The Wednesday meeting with 10 banks that also ... By getting commitments now, the government is hoping ... Barclays, Standard Chartered, Lloyds Banking Group, Royal Bank ... In a joint statement, those banks said it ... While the US, European and Asian banks active...
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The pros and cons of the top five financial centres
The World Economic Forum this week listed the ... The WEF yesterday published its second annual financial ... Here are the top five countries in the ... Strengths - The UK scored high marks for ... Weaknesses - The UK ranked 37th out of ... Strengths - Australia had a solid performance in...
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Seymour Pierce fined over three-year fraud
London stockbroker Seymour Pierce has been fined by ... The FSA announced today that it had fined ... Margaret Cole, the FSA’s director of enforcement and ... According to the FSA's final notice, the offender, ... Seymour Pierce dismissed Mr A in July 2006 ... The London stockbroker now has 14 days to...
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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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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 tax authorities cast net wider for offshore money
The UK tax authorities are upping their efforts ... Ronnie Ludwig, a partner at private client accountancy ... Tax avoidance schemes are often constructed to avoid ... In recent months, Revenue & Customs has been ... The move comes at a time when the ... The UK has signed about 20 of these...
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Myners tells UK to grab offshore funds
Treasury minister Lord Myners has called on custodians ... In an interview with Financial News, Myners said ... He said: “I see this as a significant ... Tax havens have been targeted by the G20 ... Meanwhile, the advantage of domiciling a fund in ... The UK Government this year set up the...
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Investors start market in murkiest hedge fund assets
Investors in hedge funds have begun trading interests ... Elias Tueta, co-founder of Hedgebay, a private exchange ... He said that, before this development, investors were ... More than 100 European funds barred investors from ... Placing assets in side pockets was one of...
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Hedge funds yet to budge on fees or liquidity terms
Hedge funds have defied the expectations of investors ... Last year, hedge funds staggered to their worst ... However, few funds have budged from historic fee ... The research found that less than 1% of ... Guido Bolliger, Olympia's chief investment officer, wrote in ... HFR monitoring has also shown that performance-based charges...
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Activist woes hit Atticus UK revenues
Revenues at the UK arm of activist investor ... Atticus UK LLP reported a 65% fall in ... After administrative costs were deducted from the total, ... The results cover a period that was particularly ... Notable campaign losses were chalked up by prominent ... In a rare and highly-public victory for the...
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Hermes restructures hedge fund fee model
Hermes, adviser to the UK's largest pension fund, ... The firm, which advises the £31bn (€35.4bn) BT ... It will give investors the option of having ... Matteo Perruccio, chief executive of Hermes BPK Partners, ... Some investors in hedge funds have criticised paying ... Sandra Manzke, a veteran US investor in hedge...
