102 articles found within the last year.
Displaying results 1 - 20
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London leads the way for house hunting banks
More banks took up residence in London than ... London accounted for 36%, or 819,198 sq ft, ... European banking uptake dropped 53% over the period ... The rest of Europe is set to bottom ... Guy Douetil, head of Cushman & Wakefield’s Emea ... London has been boosted by property deals including...
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Hermitage lawyer dies in Russian jail
A lawyer for investment fund Hermitage Capital Management, ... She provided no further details, saying a release ... Magnitsky, a 37-year-old partner at Moscow firm Firestone ... At a court hearing on extending his detention ... "They held him for 11 months, asking him...
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Cohen launches ethical property vehicle
Bridges Ventures, a socially-driven private equity firm, chaired ... Bridges has raised £26m (€29m) and hopes to ... "This builds off Bridges Ventures' experience in regeneration. ... The firm, which targets investments that will have ... The fundraising has come as the firm eyes...
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BlueCrest seeks new money for rejuvenated fund
Plans by BlueCrest Capital Management to raise new ... The London-based group said in a statement yesterday ... BlueCrest is expected to conduct the sale of ... The group’s chances of a successful fundraising will ... Listed hedge funds were, along with wider industry, ... AllBlue’s shares were trading at a 0.2% premium...
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Guest comment: A vision for the future of the asset management industry
It is hard to believe that just over ... This seat at the table is important. So ... A seat at the pensions table enabled the ... The Working Group looked at the whole field ... Our industry’s retail client proposition is muddled by ... There are opportunities to simplify products for consumers...
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GLG third-quarter loss narrows on fewer charges
Hedge-fund manager GLG Partners' third-quarter loss narrowed on ... The hedge-fund industry has improved its standing this ... GLG posted a loss of $114.6m (€77.1m), or ... Excluding acquisition-related compensation expenses and other costs, the ... Revenue slid 53% to $48.2m....
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Institutions punish Man – although not as much as some expected
Institutional investors have pulled nearly a third of ... However, the size of the redemptions are not ... The world's largest investor in hedge funds reported ... Man's latest financial statement showed institutional investors pulled ... The redemption requests have been mainly coming in...
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Veteran funds trio joins wealth manager
UK wealth manager St James’s Place has added ... Vivian Bazalgette, the former chief investment officer at ... Bazalgette and Dunscombe will have the job of ... The group contracts out the management of its ... Ralph, who will become full-time CIO, has experience ... Maia Capital was shut down in July, following...
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Lipper FMI co-founders depart data group
The co-chief executives of Lipper FMI, who played ... Diana Mackay and Rodney Williams have quit the ... Mackay told Financial News: "We have built up ... The group crunches data on 45,000 retail funds ... Mackay and Williams started the business, originally backed ... Mackay did not rule out a non-competing comeback...
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Balanced funds buoyed by best returns in 34 years
Fund managers running balanced mandates – multi-asset funds ... Balanced funds – once the investment of choice ... The best-performing fund managers during the quarter were ... However, over the longer term, the best-performing balanced ... Balanced managers have been steadily increasing equities allocations...
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The difficulty of winding down a hedge fund
Many investors in hedge funds last year found ... Collingham Investment Fund announced at the end of ... The board said at the time: "Many hedge ... It said that it had planned to get ... But last week, it said that it has ... In a stock exchange statement, Collingham said that...
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UK investors' billions push funds to record year
UK retail investors have put a record £19bn ... Retail investors placed a net £2.7bn into funds ... Over the first nine months of the year, ... Before September, corporate bond funds had taken in ... M&G Investments, the funds arm of UK insurer ... The third most popular funds last month were...
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Star financials manager set for Jupiter return
Guy de Blonay, the New Star manager regarded ... De Blonay will join Jupiter in January, according ... De Blonay and Gibbs are among the best-known ... Gibbs' £1.3bn financials fund at Jupiter was the ... Before working at New Star, De Blonay began ... De Blonay is still at Henderson and will...
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Credit rally boosts BlueBay fees
BlueBay Asset Management, the specialist bond investor hit ... The London-listed company's assets grew by 28% from ... Daniel Garrod, financials analyst at Citibank, said almost ... He said the $1bn fund hit new highs ... Clients invested $3.8bn of new money with the ... The rise in BlueBay's assets so far this...
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Local government chief calls for retirement at 70
The chief executive of one of the biggest ... Mike Taylor, chief executive of the £3.2bn (€3.5bn) ... He said: "A phased increase in the retirement ... Taylor also suggested other changes to make public-sector ... Since public-sector pensions still generally take the form...
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Brevan Howard wins shareholder support
A listed fund that allocates money to products ... The vote by shareholders to continue their commitment ... The ballot on the fate of the third-largest ... Lord Turnbull, BH Global's chairman, called the vote ... BH Global's shares fell by 26% after listing ... After the falling share markets and investment losses...
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News Analysis: Fischer set to reboot Kleinwort Benson
Leonhard Fischer, chief executive of RHJ International, wants ... Kleinwort Benson is a medium-sized wealth outfit employing ... Fischer said in a statement: "Kleinwort Benson is ... The Kleinwort Benson brand has roots in the ... Fischer used to serve on the executive board...
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City bankers expect bigger bonuses despite clampdown
Almost two thirds of City of London workers ... The report by recruitment consultants Morgan McKinley also ... Eighty two percent of the 200 financial service ... Andrew Evans, managing director of Morgan McKinley’s financial ... When asked if there were plans to restructure...
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Man Group has FTSE's best-paid finance director
Kevin Hayes, finance director of listed hedge-fund manager ... But Hayes' 2008 package fell far short of ... FDs, along with other directors, have taken a ... However, she added that the lower remuneration packages ... The financial services sector has been particularly hard...
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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...