All news

Kerrigan Procter, head of solutions, Legal & General Investment Management

Legal & General strengthens LDI/pensions solutions capability

Mon, 06/09/2010 - 05:10
Legal & General Investment Management has recruited several people for its pension solutions business. »

Nigel Strachan, head of business development, Kleinwort Benson Jersey

Jersey funds head sees opportunities for mezzanine rebound

Mon, 06/09/2010 - 05:00
Nigel Strachan (pictured), head of business development at Kleinwort Benson’s corporate services business in Jersey and the new chairman of the Jersey Funds Association, sees new opportunities for mezzanine finance to pick up the slack where leverage from traditional sources is thin on the ground. »

Toronto

Canadian mutual fund net assets up 0.38 per cent in August

Sun, 05/09/2010 - 15:04
The Investment Funds Institute of Canada estimates that net assets of the mutual fund industry for the month of August will be between CAD607.6bn and CAD612.6bn, up approximately 0.38 per cent from July’s total of 607.8bn. »

People shaking hands

Frederic Gautier joins Chilton Investment as portfolio manager

Sun, 05/09/2010 - 14:05
Chilton Investment, an investment management firm with approximately USD6bn in assets under management, has hired Frederic Gautier as portfolio manager of its European equities strategy. »

Daniel O’Connor, Carey Olsen

Carey Olsen advises on Amrah Global Opportunities Fund launch

Sun, 05/09/2010 - 13:08
Channel Islands law firm Carey Olsen has advised Investment Services UK, the London-based fixed income firm focused on emerging markets, on the establishment of Amrah Global Opportunities Fund. »

Shaun Lynn, president, BGC Partners

BGC Partners trades fully electronic Euro interest rate swaps

Sun, 05/09/2010 - 11:11
BGC Partners, an intermediary to the wholesale financial markets, has completed its first fully electronic Euro interest rate swap transactions over its hybrid voice and electronic execution platform, BGC Trader IRS, which went live on 1 September. »

Coins

Jarislowsky Fraser to launch low fee mutual funds

Sun, 05/09/2010 - 11:03
A family of low fee Jarislowsky Fraser mutual funds is to be launched, subject to regulatory approvals. »

Peter deSilva, president and chief operating officer, UMB Financial

Scout Investment Advisors to acquire Reams Asset Management

Sun, 05/09/2010 - 10:59
Scout Investment Advisors, a subsidiary of UMB Financial, has signed a definitive agreement for the acquisition of substantially all of the assets of Reams Asset Management, an investment management firm based in Columbus, Indiana. »

Paul Ritchie, Aegon Asset Management’s head of public sector pensions

Aegon wins GBP2bn mandate from Leicestershire County Council

Sun, 05/09/2010 - 10:24
Aegon Asset Management has won a mandate to apply its asset allocation service to Leicestershire County Council’s GBP2bn pension scheme. »

Global currency

Northern Trust strengthens global fund services business

Sun, 05/09/2010 - 09:26
Northern Trust has created new positions in its global fund services business to expand product offerings, strengthen client service and accommodate growth in the unit serving investment managers, including US mutual fund companies. »

Richard Garrod, co-chairman, Guernsey Film

Independent film funds an investment of the future, say Guernsey experts

Fri, 03/09/2010 - 06:00
As traditional Hollywood studios struggle to assemble funding – MGM has been forced to postpone the 23rd film of the James Bond franchise because of debt problems – more and more financiers are looking to the independent film fund model for reliable returns, according to Guernsey-based tax expert Ben Tustin. »

Piggy bank

Brookfield appoints client relations manager for private funds group

Fri, 03/09/2010 - 05:41
Brookfield Asset Management has appointed Chris Harris as client relations manager for the private funds group. »

Handshake

KPMG hires associate partner to lead asset management valuation team

Fri, 03/09/2010 - 05:23
KPMG has appointed James Dimech DeBono as an associate partner in its financial risk management practice. »

Phillip Frost, chairman of the board of Ladenburg

Ladenburg Thalmann completes acquisition of Premier Trust

Fri, 03/09/2010 - 05:06
Ladenburg Thalmann Financial Services has completed its acquisition of Premier Trust, a provider of wealth management services, including trust administration, estate and financial planning, custody and investment services. »

Email sign

BGC appoints regional head of e-commerce for Asia Pacific

Thu, 02/09/2010 - 15:01
BGC Partners, an intermediary to the wholesale financial markets, has appointed Vanessa Ko as director, regional head of e-commerce for Asia Pacific. »

Mutual funds

American Beacon launches small cap equity fund

Thu, 02/09/2010 - 13:17
American Beacon Advisors, a provider of investment advisory services to institutional and retail markets, has added the American Beacon Evercore Small Cap Equity Fund to its family of mutual funds. »

Money and calculator

John DelPonti joins Navigant’s valuation and financial risk management practice

Thu, 02/09/2010 - 11:04
John DelPonti has joined the valuation and financial risk management practice of Navigant Capital Advisors, a wholly owned subsidiary of Navigant Consulting, as a managing director in the Washington, DC office. »

Steel

Trading in steel futures on London Metal Exchange sets new record

Thu, 02/09/2010 - 10:56
Trading in steel futures on the London Metal Exchange hit another record level in August, with 24,853 lots traded, equivalent to more than 1.6 million tonnes of material. »

Handshake

Frontier Capital promotes Andrew Cracknell to head of intermediary business

Thu, 02/09/2010 - 09:25
Frontier Capital Management, an investment management company that combines both traditional and alternative asset classes, has promoted Andrew Cracknell to head of intermediary business. »

Joe Truelove, head of Channel Islands business development for corporate clients at Kleinwort Benson

Kleinwort Benson to administer USD150m Prosperity fund

Thu, 02/09/2010 - 09:19
Kleinwort Benson has been appointed fund administrator to a Guernsey domiciled fund with a launch value of USD150m. »