Funds Hub
Money managers under the microscope
Morning Line-up: Posties’ pension fund dabbles in derivs, jumping ship to go it alone and defending our funds against the barbarian hordes
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
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
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
Cheyne hedge fund spots RBS opportunity
M&A is on the up again and hedge funds are getting ready – last week we revealed Cheyne Capital had raised over $100 mln for an event-driven fund.
The fund will concentrate on ‘hard’ news (as opposed to rumours of deals), but, as suggested in their name, such funds can look at a wider range of events than just M&A, including restructurings, debt refinancings, asset sales, share buybacks and so on.
Scarcity sells: M&G on Reuters Insider
M&G’s Portfolio Manager Greg Aldridge talks about strategy of their Global Growth Fund, which targets companies like Johnson & Johnson and Nestle with scarce assets they judge under-appreciated.
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: Calpers sees off Arnie, ALFI eyes Asia UCITS surge
News and views on the asset management industry from Reuters and elsewhere:
Arnie drops plans to raid Calpers - Reuters
RAB Capital gives profit warning - Reuters
CQS sees demand for high yield in Asia fund - HedgeWeek
ALFI prepares for Asia surge in UCITS - HedgeWeek
Morning line-up: Soros, Ponzi, and steamrollers
News and views on the fund industry from Reuters and elsewhere:
Guilty plea in Ponzi case – WSJ
Newcits over-rated? – FTAdviser
