Funds Hub
Money managers under the microscope
Morning Line-Up: China’s pledge, bonus drop, BRIC optimism
News and views on the asset management industry from Reuters and elsewhere:
China promises Euro support – FT
Permal’s picks for 2011
It’s always tricky to know what the New Year will bring for investors, but fund of hedge fund firm Permal has stuck its neck out and is backing long-short equity, merger arb and commodity funds for 2011.
The reasoning goes that, despite fears over Europe’s sovereign debt crisis and a possible double dip recession in the U.S., 2011 will in the event prove fairly benign for investors, senior executive officer Omar Kodmani told me in an interview last week at Permal’s plush St James’s offices.
Morning Line-Up: Bankers’ pay, Sherborne/F&C , private equity
News and views on the asset management industry from Reuters and elsewhere:
Bankers’ pay structure overhaul – FT
Sherborne top F&C stakeholder – Daily Telegraph
Private equity firms gather billions from investors – Reuters
Morning Line-Up: Rebels at the gate, and a change of tack for bond house
News and views on the asset management industry from Reuters and elsewhere
Rebel investor seek removal of F&C chairman - Reuters
Pimco fund may invest in equity related securities - Reuters
Expert network firm at centre of hedge fund probe – Reuters
Goldman’s Sze setting up HK hedge fund - Reuters
Morning Line-UP: Falling short on disclosure and a European venture
News and views on the asset management industry from Reuters and elsewhere:
UK managers fall short on disclosure - Reuters
US govt related holdings boosted in Pimco fund – Wall Street Journal
Survey sees greater hedge fund exposure - Financial Times
Paulson taps into Europe – Wall Street Journal
from Reuters Money:
The year’s best and worst ETFs
The best investments often don't have the highest returns. I know this is heresy to most, yet mass behavior can be a siren song.
About this time every year, we gaze intently at our portfolios, hoping against hope that we did something right. Sometimes we get lucky.
Morning Line-Up: Rights to rip off and Europeans flock to stocks
News and views on the asset management industry from Reuters and elsewhere:
Barclays pension fund eyes credit hedge fund review - Reuters
Europeans flock to stocks in October - Reuters
Investors in rights issue fees ‘rip-off’ - Daily Mail
Morning Line-up: Jumping the fence from funds to banks and an industry shaped by crisis
News and views on the asset management industry from Reuters and elsewhere:
Hedge funds warm to Irish domicile – Wall Street Journal
Traders to quit hedge funds for banks - Reuters
Financial crisis defines fund leaders and laggards - Reuters
Morning Line-Up: PIMCO upbeat on US; DE Shaw eyes Japan
News and views on the asset management industry from Reuters and elsewhere:
PIMCO raises US economic growth forecast on tax deal - Reuters
DE Shaw beefs up Asia presence to tap Japanese pension funds - HedgeWeek
Cazenove to launch Diversity Income fund - Fund Strategy
IASB proposes improvement to hedge accounting - HedgeWeek
- Reuters
Morning Line-Up: Bill Miller bullish; Picard pursues banks
News and views on the asset management industry from Reuters and elsewhere:
Madoff trustee goes after banks for more than $1 billion - Reuters
Legg Mason’s Miller sees tax cuts boosting stocks - Reuters
Equity hedge leads hedge fund gains in November - HedgeWeek
Aegon’s Phil Milburn hands over Ethical Bond fund - Fund Strategy
