Funds Hub
Money managers under the microscope
Morning Line-Up: ‘Pay complexity’, New Media fund, CD&R deal
News and views on the asset management industry from Reuters and elsewhere:
City urges end of ‘pay complexity’- FT
JP Morgan eye new-media fund – WSJ
Morning line-up: AIG’s Asian unit IPO, City seeks to calm Europe, further bank bailout
News and views on the fund industry and elsewhere:
AIG lowers valuation for Asian unit’s IPO - FT
UK launches 1st property derivatives fund - FT
City’s bankers tour Europe to reassure investors over future - Daily Telegraph
UK banks may need further state bailout - Reuters
Morning line up: Obama on Wall Street, Goldman’s Tourre, Australia’s lure
News and views on the fund industry from Reuters and elsewhere:
Obama calls for new rules for Wall Street - Reuters
German bank cuts links with Goldman - Reuters
Morning line-up: Calpers/Goldman, bank bail-out taxes, Tourre’s City licence
News and views on the fund industry from Reuters and elsewhere:
US top pension fund scrutinises Goldman’s business practices - Daily Telegraph
Goldman’s Tourre stripped of City licence - Guardian
Lansdowne builds up Lloyds stake - Reuters
Banks face new taxes to future bail-outs - Reuters
London’s future looks cloudy
Data from HFI out today may provide further ammunition for those who fear London’s position as Europe’s hedge hub is under threat.
London’s share of global hedge fund firms running more than $1 billion in assets slipped in the first half of 2009 to less than 15 percent from more than 17 percent.
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Lehman creditors to get payout plan – WSJ
ABI’s Montagnon steps up EU hedgie rules fight – City AM
