101 articles found within the last year.
Displaying results 61 - 80
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UK fund flows boosted to pre-crisis levels
The continued push by retail investors into corporate ... According to the Investment Management Association, total net ... March is an significant month for asset managers ... The boost was led by net retail flows ... Richard Saunders, chief executive of the IMA, said: ... The current Isa limit stands at £7,200, but...
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Hedge Funds: Managers slow to sign up to industry standards
More than two thirds of European hedge fund ... Written evidence that the board submitted to the ... The 69% that were undecided either said they ... Typical comments included “we intend to sign up, ... The small minority of managers that said outright ... The board has 48 signatories, including some of...
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Hedge Funds: Short-selling ban ‘did not work’
Representatives of the financial services industry this year ... The Financial Services Authority and its counterparts in ... The restrictions barred anyone, primarily hedge funds and ... The UK lifted its ban in January; the ... The London Stock Exchange’s evidence to the Treasury...
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Gottex to ramp up usage of managed accounts
Fund of hedge funds manager Gottex Fund Management ... Max Gottschalk, head of the $8.5bn (€6.6bn) company's ... Peer RMF, the institutional investment arm of Man ... Investors who own managed accounts engage fund managers ... Managed account owners can also restrict how cash...
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Troubled Swiss hedge fund manager seeks to delist
Absolute Capital Management, the hedge fund manager forced ... The board of the £1.6m (€1.8m) firm said ... A shareholder meeting next month will vote on ... ACM is today mailing out details of a ... ACM restructured its business when it discovered, on ... In previous statements, it said it isolated some...
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Lansdowne reopens flagship fund
Lansdowne Partners, one of London’s largest hedge fund ... Paul Ruddock and Steven Heinz, who launched Lansdowne’s ... One existing investor who managed to put more ... He said he believed Lansdowne had also allowed ... Alexandre Col, head of the investment fund department...
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Coutts chief executive departs for RBS post
The chief executive of UK private bank Coutts ... Sarah Deaves is leaving Coutts, the UK’s second-oldest ... Coutts’ lofty status as private bank and wealth ... In her new role, Deaves will be responsible ... She had spent seven years at the helm ... John Baines, chief executive, RBS wealth management said:...
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Ashmore declines as investors shy from emerging markets
Ashmore, a fund management business that specialises in ... Ashmore's funds under management fell back 4% during ... Many bond issuers in emerging-markets borrow in international ... In its results statement this morning, the company ... The company also made arguments about the fundamental...
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John Duffield returns with new start-up
John Duffield, the founder of New Star Asset ... The family office is being established in the ... New Star's former business development director, John Jay, ... Duffield founded Jupiter Asset Management in 1985 and ... The stricken company was first acquired by its ... About 100 of its former staff, including key...
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Christopher Hohn moves to limit charity's losses
London money manager Christopher Hohn's charitable foundation is ... The Children's Investment Fund Foundation is a charitable ... After years of stellar performance, however, Hohn's master ... Rather than invest directly in the master fund ... Investors are asking managers to provide so-called managed...
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Pay cuts hit hedge fund staff
Staff at hedge funds suffered a 16% cut ... The average total pay cheque in the industry ... The dramatic drop in compensation reflected the 19% ... One respondent to the survey, said: "The whole ... The survey, whose initial findings were published online ... Hedge fund chief investment officers earned, on average,...
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Comment: Middle England's pensions anger
In the 2002 horror film 28 Days Later, ... Writing in yesterday's Guardian, the historian and columnist ... The chief target of Hastings' ire was independent ... They, too, paint a sorry picture. The typical ... Statistics like that illustrate why the £693,000-a-year (€774,503)...
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Hands urges return to post-Depression policy
Guy Hands, the founder and chief executive of ... Hands cited insufficient transparency in both public and ... His letter from the annual review follows in ... I am delighted to present the second Annual ... In the time since our last Annual Review, ... The dramatic worldwide decline in stock market values...
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Man's fund of hedge funds could lose 90% of assets
Man Group, the world's largest listed hedge fund ... Equity analysts at Morgan Stanley said that, in ... This breaks down as redemptions amounting to 13% ... In their bear case scenario, they predicted Switzerland-based ... The prediction indicates the extent of fury investors...
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Battle of the bank brands…but Blackberry’s better
Goldman Sachs is dubbed ‘Teflon Goldman’ for being ... Goldman Sachs was the highest-placed bank in a ... The bank was 44th, up from 47th spot ... Business Superbrands’ list offered further sign that the ... The number of banks among the top 100 ... Goldman Sachs and Wall Street rivals Morgan Stanley...
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Odey swaps UK banks for insurer in shorting play
Crispin Odey, the hedge fund manager who has ... Shares in L&G have fallen 42% so far ... A move in September by the UK’s Financial ... Odey Asset Management’s short bet, equivalent to 0.4% ... The group’s founder Crispin Odey told investors in ... His fund had more than 5% of its...
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Investors forced to accept discounts on hedge fund exits
Investors wanting to sell out of an illiquid ... Insufficient demand for units in unlisted hedge funds ... This is a far cry from 2003, when ... Elias Tueta, Hedgebay's co-founder, said the group had ... He said: "People used to be dying to ... "But at the right price you always have...
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Markets 'will take a decade' to recover
Equity markets will probably remain below their previous ... Economists Elroy Dimson, Paul Marsh and Mike Staunton ... Dimson, Marsh and Staunton used data going back ... The FTSE reached its all-time high of 6,930 ... The economists, whose work has been sponsored by ... The impact on asset management companies will be...
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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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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...
