Thursday, 24th July 2008

 

Products and strategies

  1. Japan funds outperform in second quarter

    Japanese equities funds outperformed all other asset classes in the second quarter after a long period of disappointing returns from the asset class, according to data published today.

  2. European family office market ripe for growth – report

    The European family office market, which currently has penetrated just 18% of the ultra-wealthy market in the region, is poised for rapid expansion, according to a report from the US-based research and consulting group Celent.

  3. Chinese investors lap up wealth management products

    Many Chinese investors are putting their money in once-unpopular wealth management products amid soaring inflation and a more than 50% decline in domestic stock markets since October, according to a report in China Daily.

  4. Dutch wealth manager awards $9m fund mandate

    Dutch wealth manager Attica Vermogensbeheer has awarded a $9m (€5.7m) mandate to Nedgroup Investments, the fund of hedge funds manager, for its Premium Portfolio Fund, according to a Hedge Week report.

  5. Trump considers $1bn India real estate fund

    Donald Trump Jr is planning to establish a real estate fund of as much as $1bn (€633m) to invest in the Indian property market, according to a report in The Times of India.

  6. F&C expands property business

    UK funds house F&C Asset Management will merge its property business with a London-based specialist to create a £8.5bn (€10.7bn) company focused on the UK and Europe, in a deal that comes after months of falling property values and investment returns in the UK and concern that European markets could follow suit.

  7. Fortress bets on distressed debt market

    Fortress Investment Group has invested an extra $200m (€126m) into its fund for buying distressed triple-A-rated residential mortgage-backed securities, underlining the hedge fund’s target of making rich double-digit returns from the battered sector, according to a report in The Wall Street Journal.

  8. Ansbacher benefits from cutting equities

    A decision to cut its clients’ exposure to equities at the beginning of the year has helped UK wealth manager Ansbacher outperform private client indices for some of its funds.

  9. Investor's view: Four Capital sees rebound

    Four Capital Partners, a UK equities specialist boutique founded by former Schroders fund managers, launched its funds last March just as the markets were about to enter one of their most tumultuous period for a decade. Its first investment priority has been to play it safe.

  10. Thames River Capital swims against the tide

    Independent hedge fund Thames River Capital has no regrets for bucking the trend among peers of listing on exchanges, as it celebrates its 10th anniversary this month.

Brummel

Headline

From Stoke Park with love

After a hard working week, Brummell is always on the lookout for splendour and luxury, and Stoke Park Club certainly has both. The 49-bedroom five-star spa hotel set in sprawling parkland and 27-hole golf course are just seven miles from Heathrow – and you can be teeing off or lying prostrate under a masseuse’s masterly thumbs in less than an hour from your desk with a special offer for Brummell readers.

Rich Monitor

Will Smith tops Hollywood earnings list with $80m payout

Will Smith has emerged as Hollywood’s top earner, earning a massive $80m (€51m) last year, new figures compiled by Forbes have shown, according to a report in New York Daily News.

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347