06 Apr 2009
Henderson Group receives shareholder approval to acquire New Star Asset Management
The shareholders of Henderson Group have approved the proposed acquisition of New Star Asset Management Group for GBP107m. The shareholders…
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Société Générale Asset Management completes sale of SGAM UK to GLG Partners
Société Générale Asset Management has announces the completion of the sale of its London-based long-only asset management subsidiary, SGAM…
Comment: Mr Zwirn's bad timing
Daniel Zwirn is facing tough times. His firm, D.B. Zwirn & Co, is being eyed by a number of bidders as it tries to recover from a…
03 Apr 2009
Number of hedge funds down 1.3 per cent in 2008, says PerTrac
There was a 1.3 per cent drop in the number of hedge funds and funds of hedge funds included in major hedge fund databases over 2008,…
02 Apr 2009
Average daily volume of 12.2 million contracts at Eurex and ISE in March
An average daily volume of 12.2 million contracts was traded at the international derivatives markets of Eurex in March, down from 13.8…
BlackRock launches European Absolute Alpha Fund
BlackRock has launched the European Absolute Alpha Fund, which aims to deliver positive returns across all market conditions by investing…
Treveria announces decline in profits and resignation of chairman
Treveria, the German retail focused real estate investment company, has announced that its property assets were EUR2,017m at 31 December…
Augustus Asset Managers returns to Julius Baer fold with acquisition by GAM
GAM (UK), a wholly-owned subsidiary of Julius Baer Holding, is to acquire Augustus Asset Managers, the London-based fixed income and…
01 Apr 2009
Barclays says CVC is preferred bidder for iShares
Barclays says it now has a preferred bidder for iShares - CVC Capital Partners. Barclays says it now has a preferred bidder for iShares -…
Tax agreements signed by Guernsey, Jersey and Isle of Man
The Organisation for Economic Co-operation and Development has welcomed new tax information exchange agreements signed recently by the Isle…
Asset managers and hedge funds face new risk management regime, says Sophis
Sixty three per cent of asset managers believe that risk management requirements have changed as a result of recent market volatility, with…
Last Atlantis Capital Management permanently withdraws from NFA membership
The National Futures Association has accepted Last Atlantis Capital Management's settlement offer to permanently withdraw from NFA…
Comment: Making money in bad times
Positive news has been thin on the ground over the last year and a half as the global economy continues to spiral downward.Positive news…
Insight Investment launches UK Equity Income Booster fund
Insight Investment has announces the launch of the Insight UK Equity Income Booster, an equity income fund that aims to provide an enhanced…
31 Mar 2009
Ramius and Hatteras to develop and manage fund of funds product
Ramius Fund of Funds Group and Hatteras Capital Investment Management have entered into a joint venture to develop and manage an…