Sunday, 22nd November 2009

 

Products and strategies

  1. Gold demand drops 34% as economy brightens

    Demand for gold has dropped by over a third year-on-year, despite a recent surrge in its price, as investors turned away from the safe haven investment and look for riskier assets.

  2. Index Trackers Take Flight

    Stock market indices are tough for the average fund manager to beat. Over time, no more than a fifth of the world's managers have any chance of outperforming them.

  3. Family-run businesses outperform their public rivals

    Family businesses have long been considered more profitable than publicly owned companies, and industry analysts said the recession bears this theory out.

  4. Cash floods UK property managers

    Institutional investors are so enthusiastic about UK commercial property that asset managers are “struggling to cope” with the surge in demand – leading some to restrict inflows and others to trade on the secondary market for fund units.

  5. Cohen launches ethical property vehicle

    Bridges Ventures, a socially-driven private equity firm, chaired by former Apax Partners chairman Ronald Cohen, has raised at least half of its first property fund in a move that will further broaden its investment base from venture capital.

  6. Julius Baer luxury brand fund continues to outperform

    The Julius Baer Luxury Brand is up 32% year to date as of end of October, compared with 16% growth on the MSCI World Index during the same timer period.

  7. Local authority drops UBS after ‘unsuccessful’ run

    The Bexley local authority pension scheme has decided to dump a balanced mandate managed by UBS, after research found the asset manager’s investment decisions were “unsuccessful” over six years.

  8. Balancing act pays off for funds

    During the ravages of the financial crisis last year fund managers might well have given up on their mantra that asset allocation minimises risk.

  9. Debt defaults hit record but expected to slow

    Default rates of low quality debt at European companies are expected to slow after reaching a peak at the end of September; the figures suggest that private equity firms may have reached their worst point in the credit crisis.

  10. US and UK Government bonds are "a cocktail of risk"

    Banking analysts are becoming increasingly bearish on that once safe haven, government bonds.

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Diary: Utopia for Yacht Lovers

Looking to get more from your yacht? Why not share it with others?

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

Tel: +44 (0) 20 7309 7788

Company No 3089347