Investment Management, Islamic Finance Correspondent
Cecilia's Feed
Jun 27, 2011

Fund managers face gathering storm in Monaco

LONDON (Reuters) – Asset managers arriving in Monaco on Monday for the industry’s annual get together have plenty to be concerned about.

As if the Greek crisis wasn’t adding enough volatility and unpredictability to money management, it comes as plenty of investors are already becoming wary of the funds sector.

Jun 21, 2011

Jupiter stars bank £63 million windfall

LONDON (Reuters) – Jupiter Fund Management (JUP.L: Quote, Profile, Research) chief Edward Bonham Carter and other executives banked almost 63 million pounds after placing some of their holdings in the company after the end of a post-flotation lock-in.

Star fund managers Anthony Nutt and Philip Gibbs sold down the biggest stakes, both cutting their holdings by more than a third.

Jun 21, 2011

Jupiter stars bank 63 mln stg windfall

LONDON, June 21 (Reuters) – Jupiter Fund Management
chief Edward Bonham Carter and other executives banked almost 63
million pounds after placing some of their holdings in the
company after the end of a post-flotation lock-in.

Star fund managers Anthony Nutt and Philip Gibbs sold down
the biggest stakes, both cutting their holdings by more than a
third.

Jun 21, 2011

Jupiter stars set for 80 mln stg windfall

LONDON (Reuters) – Jupiter Fund Management Plc (JUP.L: Quote, Profile, Research) chief Edward Bonham Carter and other executives are in line for a near 80 million pounds windfall after announcing plans to cash some of their holdings after the end of a post-flotation lock-in.

Bonham Carter and others including high profile money managers Anthony Nutt and Philip Gibbs are selling a total of 31.3 million shares or 6.8 percent of Jupiter stock, helping send its shares down as much as 7 percent to their lowest level in some eight months.

Jun 21, 2011

Jupiter stars set for £80 million windfall

LONDON (Reuters) – Jupiter Fund Management Plc (JUP.L: Quote, Profile, Research) chief Edward Bonham Carter and other executives are in line for a near 80 million pounds windfall after announcing plans to cash some of their holdings after the end of a post-flotation lock-in.

Bonham Carter and others including high profile money managers Anthony Nutt and Philip Gibbs are selling a total of 31.3 million shares or 6.8 percent of Jupiter stock, helping send its shares down as much as 7 percent to their lowest level in some eight months.

Jun 7, 2011

Just over half of UK saves enough for pension

LONDON (Reuters) – Pension income expectations have dropped in the past two years and just over half of the people in Britain are saving enough to fulfil their pension targets, a study by Scottish Widows showed.

A “widespread and ingrained inertia” is preventing many people putting aside enough to reach an average pension pot generating what they deemed sufficient at retirement — 23,400 pounds a year — the report said.

Jun 6, 2011

Just over half of UK saves enough for pension – poll

LONDON (Reuters) – Pension income expectations have dropped in the past two years and just over half of the people in Britain are saving enough to fulfil their pension targets, a study by Scottish Widow showed.

A “widespread and ingrained inertia” is preventing many people putting aside enough to reach an average pension pot generating what they deemed sufficient at retirement — 23,400 pounds a year — the report said.

Jun 6, 2011

Invest with your head, not your heart

LONDON (Reuters) – Wealthy individuals who make investment decisions based on emotion rather than strategy can lose up to 20 percent of their returns over a 10-year period, a Barclays Wealth study on Monday showed.

Following a pre-determined investment strategy can help investors avoid costly mistakes like buying high and selling low when markets are in crisis, the report said.

Jun 5, 2011

Invest with your head, not your heart – Barclays

LONDON, June 6 (Reuters) – Wealthy individuals who make
investment decisions based on emotion rather than strategy can
lose up to 20 percent of their returns over a 10-year period, a
Barclays Wealth study (BARC.L: Quote, Profile, Research, Stock Buzz) on Monday showed.

Following a pre-determined investment strategy can help
investors avoid costly mistakes like buying high and selling low
when markets are in crisis, the report said.

May 26, 2011

“Ostrich generation” neglecting pensions

LONDON (Reuters) – Britons fear a cash-strapped retirement but fail to plan for their old age, while Asians look forward to bumper pensions for which they are actively planning, a study by HSBC bank showed on Thursday.

Fifty-seven percent of the 1,000 UK respondents aged between 30 and 59 years expect work-based pensions to become less and less generous, but their global peers are streets ahead in their efforts to plan for the likely shortfall.

    • About Cecilia

      "In my professional capacity I canvass fund managers, consultants and pension schemes on investments issues and write analytical pieces on investment trends. I also consult investors on M&A matters. My brief includes Islamic finance, especially sukuk issuance and Islam-compliant asset management themes. I joined Reuters News in September 2008 from Thomson Financial News, where I was European pension correspondent."
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