A sudden increase in Swiss property prices for the third quarter of 2012 has pushed the UBS Swiss Real Estate Bubble Index into the risk zone for the first time since the real estate bubble of the 1980s.
BNP Paribas delivered solid performances for Q3, rebounding compared to the third quarter 2011, helped by a positive performance in the equity markets.
The Loi de Finances 2013 introduces a number of measures likely to impact French private equity firms. Greg Gille talks to Herbert Smith Freehills’ Jérôme Le Berre (pictured) to find out what the implications are for future investments.
Norway’s $660 billion sovereign wealth fund, the world’s largest stock investor, made $29bn last quarter, on the back of a global stock markets rally and reduced exposure to Eurozone government debt.
David Leduc, head of active fixed income at Standish Mellon Asset Management (pictured), is ‘constructive’ on the high yield bonds, especially against the low yield investment backdrop and investors’ desire for income, but he remains cautious on Spanish...
Liquidity drained from the sovereign CDS market before the ban took hold this morning – and market-makers are still unsure what they can and cannot do
Recent intervention by the Hong Kong Monetary Authority to stem the strength of the Hong Kong dollar has prompted speculation the currency could be re-pegged
Another delay in Fatca timelines is as a direct result of Intergovernmental Agreements (IGAs), one expert warns
Klaus Oestergaard, a partner at London-based hedge fund manager Brevan Howard, has left the firm.
State Street Global Advisors (SSgA) has expanded its European SPDR ETFs range into a new asset class, with the launch of the SPDR Dow Jones Global Real Estate ETF on Deutsche Börse’s Xetra exchange.
Assets in the Swiss funds market have passed through the CHF 700bn barrier, according to the Swiss Funds Association.
Blackstone Group is preparing to launch a multibillion-dollar fund that will buy stakes in hedge fund managers in the secondary market, says Reuters.
Guernsey Financial Services Commission (GFSC) has licensed 107 new international insurers in the last 12 months, consolidating its position as the largest captive insurance domicile in Europe.
Guy Lachappelle, head of institutional clients at Basler Kantonalbank, has been appointed interim chief executive, replacing Hans Rudolf Matter.
Increasing demand for food, fuel and feed in developed and developing markets will continue to drive strong returns for equity investors in the global agricultural sector, according to Baring Asset Management, the international investment firm.
The approach of blending active management with indexing is gaining favour with investment professionals, who no longer believe it is a question of active versus passive.
Torbjörn Olofsson, a portfolio manager at Swedish hedge fund Brummer, has decided to leave after 13 years at the firm.
Greg Coffey, the flamboyant star fund manager at the US hedge fund Moore Capital, once described as “one of the most impressive traders in the world”, is to retire at the age of 41.
Allocations to ETFs in fee-based portfolios have grown almost 6% since 2008, according to new research from Cerulli Associates, the Boston-based research firm.
ECPI, a Milan-based provider of sustainability research, rating and indices, has launched a second index of the ESG China Series, developed in partnership with China Securities Index, a Chinese index provider, and Caitong Fund Management, a China-based...
Lyxor Asset Management has launched an ETF based on its SG Quality Income Index, launched last June.
Jersey Finance, the island's marketing body, has brought together a group of Hong Kong-based finance and legal experts to provide it with advice on developing business opportunities in the Far East.
Edinburgh-based Standard Life Investments has launched a European Corporate Bond Sustainable and Responsible Investing Fund (Sicav).
Geneva’s banking sector has contracted over the past year, after a number of mergers, acquisitions and job cuts.
SIX Swiss Exchange, in its ETF Quarterly Statistics for Q3, reports an ETF trading turnover of CHF 19.2bn, an increase of CHF 1.5 bn over the previous quarter. Since the start of the year, ETF turnover has amounted to more than CHF 57.8 bn.
State Street has announced that its asset management subsidiary State Street Global Advisors (SSgA) has attracted $78bn of net new assets in Q3 this year.
Corporate debt will likely become the dominant emerging market hard currency asset class in terms of appetite and portfolio allocations within the next five years, says HSBC Global Asset Management.
London-based Northill Capital has invested in Riverbridge Partners, a Minneapolis-based specialist investment manager of small, mid and large cap US equity growth portfolios for institutional and high net worth investors.
Threadneedle has appointed senior fund manager John Peta to co-lead the firm’s emerging market debt team, with Henry Stipp. Peta reports to Jim Cielinski, Threadneedle’s head of fixed income.
Acolin Fund Services, legal representative and service provider for international fund providers, has hired a funds expert to spearhead the expansion of its business in Ticino, the Italian part of Switzerland.
The final shape of Fatca will be determined by bi-lateral agreements arrived at between the US and other countries around the world, as part of a pragmatic decision by the US authorities to make the new rules workable.
Australian Islamic wealth manager Crescent Wealth has partnered with the Bank of London and The Middle East (BLME) in a deal that gives Australian retail investors exposure to the growing Islamic bonds market for the first time.
Assets are flooding into the fixed income sector as investors search for yield in an environment of low interest rates. But this popularity is pushing yields to record lows, forcing fixed income managers to adopt a variety of tactics to meet their targets....
BNP Paribas Investment Partners (BNPP IP) has hired four emerging markets fixed income professionals from Rexiter Capital Management, a subsidiary of State Street Global Advisors.
Greece looks set to receive the next tranche in aid, despite budget shortfalls and slow progress on reforms demanded by the EU.
SIX Swiss Exchange has welcomed the revised Stock Exchange Act, which introduces standards for combating market abuse more efficiently.
36 South's new fund builds on its existing offering of tail risk and long volatility hedge funds. The fund aims to protect against black swan and less predictable events with long-dated options.
Former head of power trading joins at least one ex-colleague to found Scoville Risk Partners
The Italian government is expected to invite bids from Italian asset management companies, or societa di gestione del risparmio (SGRs), to manage all or part of central, regional and local government assets, which are estimated to be worth EUR €55bn in...
Invesco, the $670bn Atlanta, US-based asset manager, has agreed to buy a 49% stake in Religare Asset Management Company, a prominent Indian financial services group.
Pressure for consolidation in the $600bn fund of hedge funds industry is mounting, leaving managers who run less than about $3bn to face a struggle for survival amid shrinking assets and rising costs.
Swiss private equity firm Capital Dynamics has confirmed it will be closing its Zurich office within the next few months, relocating staff to its Zug and London offices.
Arbuthnot Latham is expanding its wealth management actvities with several new hires, including two from Coutts, another private bank in London.
Hermes Fund Managers, the London based fund manager with almost £25bn of assets under management, has launched its latest Ucits fund, focused on US small and mid-cap equities.
A fall in risk appetite and the search for income is driving investment behaviour across all retail investor segments in the Gulf Cooperation Council (GCC) region but there are distinct differences in asset allocation, according to third annual Invesco...
iShares, BlackRock’s exchange traded funds platform, has launched the first ETF in Europe to offer investors diversified exposure to global corporate bonds.
UBS’s recent unauthorised trading scandal, when Zurich-based trader Kweku Adoboli caused losses of some $2.3bn, most likely would not have been averted even with the best operating procedures in place.
Amendments to the Swiss rules for funds will bring the market into line with the EU's AIFM directive which comes into force in July 2013. The revision includes changes to licensing and distribution.