Combining qualitative analysis with statistical examination helps Société Générale Private Banking cut risk, not returns.
Custodians say that hedge fund managers and clients will suffer if Brussels acts too strictly on the custodianship of fund assets.
It is a good idea to be choosy when selecting a partner, but this might be difficult for German managers.
Allocators believe that there are not enough experienced local European distressed debt managers to satisfy the investment potential that lies ahead.
The race is on for European managers to have managers in emerging Asia. Mirae Asset Global Investment outlines why being there for 14 years provides an edge.
Asset manager AllianceBernstein has bolstered its European sales team in a hiring spree from Schroders and Pioneer Investments, and a fixed income product manager from Overlay Asset Management.
Germany, once widely regarded as the European nation most inimical to hedge funds, is now warming to the sector with allocators across the spectrum considering or actually making investments.
Sarasin & Partners has re-domiciled its $1bn Guernsey unit trust range to Dublin to make use of wider investment powers under Ucits IV, and to widen its distribution opportunities to Europe.
Schroders has hired Tanja Engel from American Express to be the asset manager’s chief operating officer in Frankfurt.
Pimco has joined a growing list of rivals in saying America’s housing market will fall further, and predicts lenders will foreclose on up to seven million more homeowners by 2015, having done so on two million already.
Germany’s Sauren has launched its first balanced growth-economies fund of funds, providing an alternative to the growing number of multi-asset developing markets products run by just one manager.
Allianz Global Investors Investments Europe, the European investment platform of Allianz Global Investors, is expanding portfolio management into the Netherlands from tomorrow to run funds currently overseen by Allianz Netherlands Asset Management.
Hedge fund investor Man Group is finalising negotiations to extend its longstanding sponsorship of the Booker literary awards, promoting the arts at a time chief executive Peter Clarke said constricting public finance made corporate backing particularly...
German companies, particularly the Mittelstand, are at risk of legal action from Britain’s Serious Fraud Office if they engage in bribery, as UK anti-corruption law taking effect this week has extra-territorial reach, says investor F&C.
The price of gold is quoted in US dollars, so it makes sense to look at hedging out the risk of that paper currency moving over time, Swiss & Global’s Stephan Müller says.
There is no single way to get exposure to gold, and each route has drawbacks consensus views suggest.
Mirae Asset Global Investment is considering launching a renminbi bond fund, using its local expertise to tap China’s growing domestic bond market, at a time local currency debt products in emerging markets weather a storm of withdrawals from fixed income...
Now, who would have thought it? Retail investors, second rate citizens for many hedge funds during and since the crunch, now hold the main key to access some of the world's most sought-after managers.
The flexibility of hedge funds to navigate prevailing volatility has led HSBC’s private banking unit to be more bullish on them than no any other asset class, and despite the modest 1.5% industry returns so far this year.
RAB Capital, the embattled hedge fund manager that last week announced it would give up life as a publicly traded company, has received an offer from Asian financial firm Sunwah International Asset Management to buy two of its funds and provide extra...
European institutional investors last year used cash reserves and sold equities to leave the sidelines and boost fixed income allocations to their highest levels in five years, research shows.
BlackRock is strengthening its senior management's experience in European fixed income, the most troubled but most important asset class for many clients, by appointing bond specialist Michael Krautzberger chief investment officer of its German unit....
BNP Paribas Securities Services is giving an implicit vote of approval to the master-feeder fund structure, whose future is somewhat clouded as Ucits IV nears, by launching a suite of back office services free of costs at feeder fund level.
France’s Oddo Asset Management has seeded a merger arbitrage fund established by former proprietary traders from Banque d’Orsay, in a further demonstration of willingness by French financiers to back new hedge funds.
London hedge fund Armajaro Asset Management has joined Kenneth Rogoff, former chief economist at the International Monetary Fund, in criticizing those who claim speculators artificially inflate commodity prices.
Man Group has become the largest investor to launch a fund of onshore alternatives funds, incorporating talents of discretionary management subsidiary GLG and its own computer-driven AHL in an onshore product for the first time.
Morningstar is to reveal quarterly returns of about three quarters of the world’s largest hedge funds – dubbed the ‘Billion-dollar Club’ - but only to institutional clients.
Bayerische Versorgungskammer, Germany’s largest public pension fund, has appointed F&C Investments to provide shareholder engagement services for its equities and bond holdings.
North America, home to the first ever hedge fund, cemented its position as the region of choice among allocators in May, as its managers recorded sixteen consecutive months of net inflows, according to Eurekahedge.
Emerging markets inflation has run half to two thirds of its course and prices should stabilize this quarter, said DWS Investments’ head of portfolio management for emerging markets.
DWS Investments is planning a Chinese bond fund as it expects healthy new issuance, and 5% medium-term appreciation in the local currency.
Two UK investment managers have strengthened ties with German-speaking Europe, an attractive region for buying hard assets as its economies largely weather the periphery's financial woes.
Lobbying by investors and forthcoming stipulations from regulators on robust infrastructure at hedge funds has fuelled a hiring spree for back office staff, with recruitment of managers taking a back seat, says research out today.
Consultants believe that the existing fee model is unlikely to remain viable as Germany edges towards a distribution model similar to RDR proposed for the UK.
More new hedge funds launched in the first quarter than any time since 2007, fuelled by a tailwind of industry assets breaching $2trn for the first time, however funds also shut down at the fastest rate in the past 12 months.
Deutsche Bank Private Wealth Management has made four senior appointments to strengthen its coverage of wealthy clients in emerging markets in south Asia, the Middle East and Pakistan.
Continuing recovery in the market for debt related to Western European property, and successful stock picking, helped the Real Estate Credit Investments investment trust rise 6.3% in value in the first quarter.
CQS is to soft close its flagship ABS hedge fund, a product that nearly tripled investors’ money during the crunch as manager Alistair Lumsden foresaw and bet on the US sub-prime meltdown.
Kenneth Rogoff, former chief economist of the International Monetary Fund, predicts Washington will fail to tackle debt problems seriously until after next year’s presidential election, but he is “fundamentally positive” about markets in the longer term...
The investment manager has expanded well beyond its fixed-income heritage since the crisis, with investors benefiting from the change.
DWS Investments is cautioning convertible investors to ensure their managers can assess unrated Asian issuers, as many funds boost exposure there as the region grows in index weightings.
Investors in Europe rank interest rate risk as their biggest concern over the next 12 months, research by Allianz Global Investors shows.
Announcing a haircut on Greek bond holdings would help restore a positive mood to bond and risk markets, which have largely anticipated such a move already, said DWS Investments’ chief investment officer Asoka Wöhrmann.
Hedge funds have more than halved their levels of securities borrowing amid fears over pending regulation of the practice being discussed in Brussels.
Some investors locked into hedge funds in the financial crisis may not have redemptions satisfied fully until 2015, according to market intermediary Tullett Prebon, in a sign the liquidity crunch that hit almost three years ago has further to run.
Bernheim, Dreyfus & Co, the Paris-based alternative asset manager, has launched a Ucits III version of its Diva Synergy Fund, an event driven, market-neutral equity fund focused on M&A.
A sharp renewal of interest in equity funds by European investors in April, leading to €12.9bn net monthly inflows, seems to have misfired in the short term after global shares fell 7% from May.
Trading volume in sovereign bonds of Europe’s indebted periphery hit its lowest point since 2001 as investors fear ratings agencies could cut Greece to default status, and its debt could be restructured.