107 articles found within the last year.
Displaying results 81 - 100
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ING investment head expects a year of uncertainty
Investors could be forgiven for expecting a real ... These instruments are pricing in a peak-to-trough fall ... That would tip large proportions of the portfolios ... Ian Whittock, UK chief investment officer at ING ... ING expects the banks, who lent large sums ... Most of the lending agreements include the proviso...
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Rensburg starts scouting for deals
Steve Elliott, chief executive of Rensburg Sheppards, one ... He said: “We are getting close to the ... Elliott, advised by Fenchurch Advisory Partners, argues large ... Merrill Lynch, for example, plans to fire 1,900 ... UK adviser Quilter resembles a shuttlecock, following its...
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New Star could avoid total eclipse as buyers orbit
John Duffield, founder and chairman of New Star ... In a statement released this morning, Henderson Global ... However, last week the chief executive of one ... However, it could be a mistake to ignore ... Mark Dampier, head of research at Hargreaves Lansdown, ... He said: “How do you know you are...
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London faces New York and Dubai threat as reputation falls
The credit market turmoil and the government bailouts ... In the 11th annual Financial Services survey, by ... Nearly half (46%) of this year's poll said ... The survey of a variety of FSA-regulated companies ... More than a half (56%) of respondents polled ... Natasha Lee, head of financial services and markets...
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GLG hires Pendragon founders
Large London hedge fund GLG Partners is hiring ... Emmanuel Roman, GLG's co-chief executive, said that the ... Much of the few hundred million dollars in ... The move marks an about face for the ... Around that time, Pendragon managed more than $3bn ... Dismal performance, investor withdrawals and increasing regulatory burdens...
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Paulson wins again as RBS slide adds £30m
Assets belonging to John Paulson, the US hedge ... RBS’ shares plummeted by 67% yesterday, closing at ... The UK bank was worth £5.2bn by 10:00 ... By the end of last Thursday, when the ... The profits made on RBS’ share fall add ... Shorting involves selling borrowed shares in expectation their...
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Goldman JV goes into administration
A joint venture between Goldman Sachs and private ... The joint venture owns 15 stores, the majority ... The joint venture company, called WH 2001 L&R ... The majority of the venture's freeholds have since ... The venture, which is two-thirds owned by Goldman's ... KPMG is now in talks to re-let some...
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'Subdued' Merrill staff face up to London cuts
Staff at Merrill Lynch’s London office were “keeping ... Merrill Lynch and Bank of America will slash ... Very few staff ventured outside the main entrance ... Those that did leave the building could be ... Inside the office, visitors and staff entering from ... One member of staff on a short-term contract...
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US government seeks to move Madoff to jail
The US government has asked a New York ... The government's petition in the US yesterday stated ... He is alleged to have told his sons ... The US government said Madoff allegedly mailing family ... "The defendant has admitted to perpetrating one of ... The petition said there remained the potential for...
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Carphone chief escapes FSA sanctions as rules are clarified
The UK Financial Services Authority has clarified the ... In a statement this morning the UK regulator ... As a result, where persons discharging managerial responsibilities ... The confusion derives from a lack of clarity ... It added: "We acknowledge that this has led...
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Funds of funds take drastic steps to cope with Madoff
Funds of hedge funds entangled in products managed ... Nicola Horlick, manager of fund of funds Bramdean ... Bramdean had about 9.5% of its assets in ... Separately another feeder fund into Madoff, Fairfield Sentry, ... Investors have initiated a class action in New ... Another US fund which invested money with Madoff...
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Hedge funds dealt fresh blow as retail rival beats benchmark
The UK's largest retail fund beat its benchmark ... The £8bn (€8.6bn) high income fund run by ... Before fees, this put the fund 8.8 percentage ... Woodford made money last year through investments in ... Meanwhile, hedge funds, which are generally smaller than ... Even allowing for the maximum fees that an...
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Bankers braced for bonus day blues
Bankers at Dresdner Kleinwort and Merrill Lynch will ... Today’s bonus payouts by the banks will be ... At Merrill Lynch, which will officially become part ... One Merrill Lynch banker speaking to Financial News ... A second Merrill employee, who said he had ... Another said: "The top people they want to...
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Who has exposure to Madoff?
Some of the world's largest money managers are ... Asset managers and hedge funds ... Man Group - $360m (€266.7m) in two funds ... Pioneer – indirectly exposed via feeder-funds ... Fairfield Greenwich Group - $7.5bn ... Access International Advisers - $1.8bn ... Tremont Capital - reportedly $1bn (Financial Times)...
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Barclays adds voice to bleak hedge fund outlook
Up to 80% of all hedge funds could ... "We expect a substantial reduction in the size ... Barclays' prognosis could be the most dire yet ... Earlier this year data providers Hedge Fund Research ... However knocking out 80% of funds would leave ... One consultant said: "Small funds will go first,...
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Seasoned investor plans to find joy in economy's distress
Fund of hedge funds veteran Michael Goldman is ... Goldman has gained in confidence despite suffering losses ... The losses represent Goldman’s worst trading experience since ... Lehman Brothers and Washington Mutual have triggered defaults ... Michael Goldman said: “Current levels of debt mean...
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Property deals to be halved as values collapse
Investment into commercial real estate will have more ... Jones Lang LaSalle said that it expected £21bn ... The agent, which uses data from Property Data ... Over the past year, many funds and debt-backed ... Julian Stock's head of capital markets in England ... "The first few months of 2009 may see...
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Pension deficits hit record high
UK corporate pensions fell even further in to ... According to new figures from the Pension Protection ... In addition, scheme liabilities increased by 2.9% over ... The PPF is a government-sponsored and industry-funded insurer ... Questions remain over the PPF, which last year...
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Currency hedge funds make large October gains
The average return from hedge funds investing in ... Currency hedge funds made an average 2.5% return ... Parker said in a report quoted by Bloomberg ... This trend benefited many hedge funds. Slightly more ... As an example, Adrian Owens, hedge fund manager ... Owens, who manages one of two FX hedge...
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Investors bet on commodities bounce
A surge of investors betting on an end ... ETF Securities, the leading provider of exchange ... Volatile market conditions have recently pushed down prices ... According to ETF, crude oil, Brent oil, WTI ... However, while there was an increase in inflows ... ETF said its rise in assets under management...
