All news

Survey finds bearish sentiment waning as risk appetite improves

Wed, 18/08/2010 - 05:15

Bearish sentiment among investors about the outlook for the global economy and corporate earnings has eased, according to the BofA Merrill Lynch Survey of Fund Managers for August. »

Transamerica and AllianceBernstein launch dynamic allocation fund

Wed, 18/08/2010 - 05:11

Transamerica Asset Management Group has launched the Transamerica AllianceBernstein Dynamic Allocation VP fund. »

PFM Asset Management opens Denver office

Tue, 17/08/2010 - 15:04

PFM Asset Management has hired Chris Blackwood as senior managing consultant and has opened a Denver office to help expand its asset management business in the West. »

Canadian mutual fund assets up 2.7 per cent in July

Tue, 17/08/2010 - 15:00

Canadian mutual fund assets totalled CAD607.8bn at the end of July, up CAD16bn or 2.7 per cent from June, a report by the Investment Funds Institute of Canada shows. »

Waddell & Reed names Philip Sanders chief investment officer

Tue, 17/08/2010 - 13:11

Waddell & Reed Financial has appointed Philip J. Sanders, a portfolio manager and equity analyst, as chief investment officer of Waddell & Reed Investment Management and Ivy Investment Management. »

Stuart Place, marketing director at Argyll

Islamic-compliant Guernsey PCC is launched

Tue, 17/08/2010 - 11:25

Investment manager Argyll Investment Services has launched the World Shariah Funds PCC, a Guernsey-based suite of Islamic-compliant investments which will be listed on the Channel Islands Stock Exchange and distributed globally. »

Shareholders back resolutions to reconstruct and wind-up MW Tops

Tue, 17/08/2010 - 11:10

The shareholders of MW Tops have passed all of the resolutions to reconstruct and wind-up the company. »

John Donohoe, chief executive officer of Carne

Jabre Capital Partners launches Ucits fund

Tue, 17/08/2010 - 11:02

Jabre Capital Partners, the Geneva-based hedge fund manager established by Philippe Jabre in 2006, has established a Luxembourg domiciled Ucits umbrella, JabCap (Lux), with one sub-fund, JabCap (Lux) - Global Balanced. »

Michael L. Sapir, chairman and chief executive of ProFund Advisors

ProFunds available through Nationwide Financial’s annuity contracts

Tue, 17/08/2010 - 10:48

Seventeen ProFunds Group insurance-product mutual funds, including eight leveraged and inverse funds, have been added to Nationwide Financial’s America’s marketFlex Advisor and America’s marketFlex II Annuity contracts. »

Roosevelt Investment Group adopts OCE’s Market Topographer platform

Tue, 17/08/2010 - 09:18

The Roosevelt Investment Group has adopted OCE Interactive's Market Topographer Web-based platform for researching, benchmarking and comparing the valuation of US stocks. »

Liontrust expands retail presence

Tue, 17/08/2010 - 05:09

Liontrust Asset Management has started a campaign to expand its presence in the retail market. »

Magnus Spence, chief operating officer at Dalton Strategic Partnership

Northern Trust wins GBP350m mandate for Melchior funds

Mon, 16/08/2010 - 15:12

Northern Trust has been appointed by investment managers Dalton Strategic Partnership to provide custody and fund administration services for its GBP350m (approximately USD550m) Melchior investment funds. »

Felicis Ventures raises first institutional fund

Mon, 16/08/2010 - 13:46

Felicis Ventures, founded four years ago as an angel fund by Aydin Senkut, has launched its first institutional fund in the amount of USD40m. »

Paternoster appoints Jonathan Yates as non-executive director

Mon, 16/08/2010 - 13:30

Paternoster, an insurance company which takes responsibility for the risks associated with companies’ defined benefit pension schemes, has appointed Jonathan Yates as a non-executive director. »

Hartmut Graf, chief executive officer, Stoxx

Stoxx launches non-capped supersector indices for Europe

Mon, 16/08/2010 - 13:10

Index provider Stoxx has launched the Stoxx Europe 600 NC Supersector Indices, a set of non-capped supersector indices for the European region. »

Lipper calls for clearer disclosure of fund performance fees

Mon, 16/08/2010 - 11:09

Lipper has identified 81 open-ended funds in the UK with performance fees in place, a rise of 138 per cent from the 34 funds identified at the end of 2007 but still less than five per cent of the industry’s total number of funds. »

Christopher James, director, institutional services at Cofunds

UK all companies rises to the top in July

Mon, 16/08/2010 - 04:59

UK all companies experienced a successful July, firmly placed within the top four selling sectors for wealth managers, execution only and product providers, as indicated by the most recent sales breakdown from Cofunds’ institutional service. »

Firms to adopt unified market-data platform, says Tabb

Sun, 15/08/2010 - 15:02

The global financial markets are on the cusp of a new age of interconnectedness, an era when delivery of the right data to the right people at the right performance level and in the right format is more easily achieved, what Tabb Group in a new research report calls “global markets on demand.” »

Fixed income funds weather US chill in early August

Sun, 15/08/2010 - 11:21

Doubts about the strength of both the US and Chinese economies kept the pressure on global equity markets during the week ending 11 August and flows into EPFR Global-tracked funds during that period had a defensive flavour. »