Morning Line-up: Posties’ pension fund dabbles in derivs, jumping ship to go it alone and defending our funds against the barbarian hordes
News and views on the fund industry from Reuters and elsewhere:
Royal Mail is a hedge fund that delivers letters – BBC
FSA ready to devend funds from EU pay rules - Daily Telegraph
Morning Line-up: Sharpening focus on Vision and a blockbuster walk on part
News and views on the fund industry from Reuters and elsewhere:
Al Gore fund quadruples profits – City AM
More flows into mutual funds – Wall Street Journal
SEC sets sights on Vision Capital - Reuters
Morning line-up: Managers look to Asia while financial advisers contemplate extinction
News and views on the fund industry from Reuters and elsewhere:
Asia-focused hedge funds hit record high in July – Reuters
Former Gartmore, GLS managers plan hedge fund - Bloomberg
LibDems say IFAs are “doomed species” - Fund Strategy
Morning line-up: A Brazilian adventure, hedge fund impersonators and the end is nigh for one in five.
News and views on the fund industry from Reuters and elsewhere:
A fifth of hedge funds may close – Bloomberg
Ex central banker to head Brevan Howard Latam unit - Reuters
Peloton co-founder starts new fund - Wall Street Journal
Source launches ETFs to mimic hedge funds – Financial Times
Morning Line-up: Fund of funds decline, European M&A rises
News and views on the fund industry from Reuters and elsewhere:
Fund of funds face slow death - Financial News
EU hedge fund plans under fire - Financial Times
Cheyne gets $100 mln for M&A hedge fund – Reuters
Carlyle eyes stake in hedge fund manager - Reuters
Morning line-up: growing junk bond demand, Afghan bank needs funds, Geldof’s latest Africa fundraiser
News and views on the fund industry from Reuters and elsewhere:
Borrowers turn to high yield – Guardian
Afghanistan argest bank needs propping – Wall Street Journal
Geldof eyes $1 bln for Africa fund - Financial Times
Morning Line-Up: Surpassing expectations, finding the new life tough and dissent on fees
News and views on the asset management industry from Reuters and elsewhere:
Fortress earnings beat forecasts – Reuters
Proprietary traders may find hedge fund life harder – Reuters
Key Paulson funds gain but gold fund drops in July – Reuters
Asset management activity growing in Guernsey – Hedge Week
Hargreaves warns on performance fees - Daily Telegraph
Morning Line-Up: Longer living, reprieve on hedgie tax and bumper profits
News and views on the asset management industry from Reuters and elsewhere:
Pension funds add seven months to retirement lifespan – Guardian
Oaktree ends fight with Dubai for Almatis - Reuters
New York rejects tax on hedge managers - New York Times
Och-Ziff Capital quadruples profits – Financial Times
Morning Line-Up: A farourable ruling, more crisis to come and old friends tie the knot
News and views on the fund industry from Reuters and elsewhere:
Hedge funds merger to reunite star traders – Financial Times
Zimbabwe fund seeks $100 mln to ride recovery - Reuters
Noster Capital warns of new banking crisis - Daily Telegraph
UK Lehman Ruling: A win for some hedge funds – Wall Street Journal
Morning line-up: shrinking deficits and mixed views on hedge funds
News and views on the asset management industry from Reuters and elsewhere:
Big final salary funds see deficits fall - The Independent
European Pension Scheme exits hedge funds - Wall Street Journal
Fund managers say OTC fees to hit savers - Financial Times
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