108 articles found within the last year.
Displaying results 41 - 60
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Mayor of London to lobby for hedge funds
London Mayor and influential Conservative politician Boris Johnson ... Speaking this morning at an event at the ... The European Commission proposed the directive in April ... Boris Johnson said this morning: "I support strong ... He added: "No other European city's financial services...
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Unlisted writedowns drag on RAB flagship
Investors in RAB Capital’s flagship hedge fund, which ... The full extent of the damage that private ... The value of private investments made by Special ... These writedowns have all but wiped out the ... Investors in Special Situations agreed in September to ... However, Charles Kirwan-Taylor, RAB's chief investment officer, told...
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Polar Capital assets melt away despite hedge fund gains
The hedge fund assets at London asset manager ... Hedge fund assets at the firm fell from ... Overall, Polar's total assets contracted from $3.1bn to ... This reduction, announced in financial results it published ... Polar's hedge funds lost $314m through redemptions and...
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Withdrawal limits remain despite hedge funds' rise
When markets slid late last year, many hedge ... Fund managers argued that last year's clampdown was ... Six months later, things look a lot different: ... The market rebound means many assets are easier ... Among funds that continue to tie up investor ... "There is a feeling that some managers are...
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RAB Capital's flagship fund turns back on unlisted equities
The flagship hedge fund of London asset manager ... Phillip Richards, manager of RAB Special Situations fund, ... However, last year, markets dried up, leaving Richards ... As the listed feeder fund into Special Situations ... "We do not intend to make any new ... "If the cash position of the strategy permits,...
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Soanes continues rise through UBS ranks
David Soanes, the UBS banker best known for ... London-based Soanes has been named as the bank's ... His promotion comes as co-head of global capital ... Soanes and Davidson have been promoted to head ... Soanes has risen rapidly through the ranks at ... Isolani had been a highly influential figure during...
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Deutsche Bank names ironman new UK chief
Deutsche Bank has appointed a former ironman triathlete ... The German bank today named Colin Grassie chief ... Grassie has competed in several ironman triathlons - ... He is also a former Scottish youth rugby ... In the newly-created role at Deutsche Bank, Grassie ... Grassie supersedes Lord Aldington, who, after seven years...
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Advisers exercised by high turnover in bosses
The high turnover of top chief executives has ... Nearly a fifth of FTSE 100 companies have ... The departures of several banking industry bosses and ... One head of UK investment banking at a ... Changes in corporate brokership mandates have been among ... However, several bankers say corporate broking mandate changes...
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Hedge funds head to Baker Street as Mayfair lustre fades
Hedge fund managers are increasingly looking beyond their ... The popularity of the new areas, such as ... Those that could afford Mayfair sit alongside long-standing ... However, Giles Drury, senior manager at professional services ... Howard Colvin, chief executive of Rudolf Wolff, a...
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Swiss manager backs London with dual listing
A Swiss asset manager has shown confidence in ... LGT Capital Partners will dual list its $546m ... The move will not involve any fundraising, according ... Cartwright said he hoped the dual-listing would increase ... He added that Castle could have up to ... At 12:30 GMT today, the gap was 32.6%,...
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Listed private equity stocks rally 47% in two months
Listed private equity stocks have rallied three times ... The LPX UK index, which tracks listed private ... Both listed private equity indices bottomed out on ... Cazenove analyst Christopher Brown said in a report, ... “The markets appear to be pricing in a ... However, Brown warned net asset values – the...
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Top-performing convertible funds face 'bumpy' road
Investors in the best-performing hedge fund strategy of ... Convertible bond arbitrage lost 24.5% as a strategy ... During the first quarter of this year the ... However, Credit Suisse/ Tremont warns: "Convertible arbitrage...could be ... Convertible arbitrage hedge fund managers have been taking...
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Interest seen for BGI unit of Barclays
Barclays is in talks to possibly sell its ... BlackRock and others are considering bids for the ... Barclays signalled that it would be open to ... A sale of BGI, which has roughly $1.5 ... Since it signed the deal with CVC, Barclays ... Besides BlackRock, Bank of New York Mellon is...
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London: It isn't so bad after all
Contrary to reports that London is at risk ... Earlier this week, private equity heavyweight Guy Hands, ... However, in comments published today, Investec's Michael Powers ... The UK Government was presented last week with ... • Dublin, which originally undercut London due...
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GLG declares $120m first-quarter loss as AUM drop 43%
GLG Partners has reported a $120m (€88m) loss ... The firm said it had “modestly positive” inflows...
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Schroders and StanChart said to be in frame for Kleinwort Benson
Commerzbank could offload its Kleinwort Benson Private Bank ... Kleinwort Benson has “a road map to achieve...
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IMF predicts further woe for European banks
European banks are less than a fifth of ... In its global financial stability report, released yesterday, ... The IMF wrote that banks in Europe had ... European banks’ exposure to the stuttering economies and ... The IMF wrote: "Without a thorough cleansing of ... The report initially estimated that the cost to...
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BlueBay goes long as hedge funds struggle
Funds at BlueBay Asset Management rose to almost ... Assets under management at the London-listed group rose ... Six months ago BlueBay managed $20.5bn, including $5.4bn ... However, stock analysts at brokers Noble pointed to ... Fees from long-only funds now account for 62%...
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City of London drops down league table as rents crash
The City of London has been knocked out ... The City of London, which is heavily reliant ... The City of London fell from the third ... The two best performing cities were Geneva and ... Paris La Defence, the eighth most expensive European ... James Crisp, Director at NB Real Estate, said:...
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Cazenove Capital bucks the trend with £1bn inflow
An uncharitable description of Cazenove Capital Management might ... Far from being orphaned, it has enabled Cazenove ... The firm added £1bn (€1.1bn) of new business, ... Revenues rose 29% to £108m, with earnings before ... When Ross arrived as chief executive from HSBC...
