Funds Hub
Money managers under the microscope
Morning Line-Up: PAI auction, buy-out study, US banks results
News and views on the asset management industry from Reuters and elsewhere:
PAI Partners auctions Compagnie Européenne de Prévoyance – FT
Safe approach pays well for RAB
RAB Capital’s results this morning — showing an expected 32 percent fall in assets but signs of net inflows into its single-strategy hedge funds — also reveal how its managers are positioning their portfolios.
Despite a further 5 percent performance loss year-to-date at Special Situations, after last year’s big losses, performance at RAB’s other funds has been strong — the Energy fund is up 55 pct, the Global Mining fund 42 pct, the Gold and European Credit Opportunities funds 20 pct in H1.
