Managers of Wealth

Swiss Life posts 26% increase in profit from operations

Swiss Life posts 26% increase in profit from operations to CHF 993 million with net profit after one-off effects of CHF 93 million

UK leads 12-state rebellion against EC hedge fund rules

Germany, Holland, Sweden and Austria are among 12 signatories of a strongly worded complaint

Luxembourg Stock Exchange and Altus to Cooperate on a Fund Market Infrastructure

The Luxembourg Stock Exchange is creating a market infrastructure, which will provide services to substantially support, facilitate and standardize the cross-border distribution of funds.

New Hedge Fund Deposits to Triple, Deutsche Bank Says

Hedge fund assets worldwide may increase 11 percent to $2.5 trillion by year-end

SS&C GlobeOp Forward Redemption Indicator up in February

"Year-to-date February redemption notices fall well below average over the index history," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

New Dow Jones Credit Suisse Hedge Fund Index Commentary

Highlights of some key findings from the report.

Old Mutual to merge away Skandia UK Best Ideas

OMGI said the two funds represented "an area of overlap" in its fund range following the merger of Old Mutual Asset Managers and Skandia Investment Group into OMGI.

Credit Suisse to redeem $1.5 billion in tier 1 capital

The bank said in a statement it had decided to redeem $1.525 billion 7.9 percent Tier 1 Capital Notes on March 28

M&G American and M&G Global Leaders removed from the Wealth 150

The M&G American Fund and M&G Global Leaders Fund have been removed from the Wealth 150 list of our favourite funds across the major sectors.

Henderson Strategic Bond Fund removed from the Wealth 150

Over the past three years, conditions have generally been favourable for bond markets, but where there have been setbacks the fund has not offered as much shelter as we would expect.

Crispin Odey to launch multi-asset fund

Hedge fund guru slates multi-asset long-short fund for March launch.

Skandia International unveils new RDR ready offshore bonds

The new bonds will be compatible with the RDR requirements and will be powered by Wealth Interactive, Skandia International’s new wealth management service.

The Dow Jones Credit Suisse Hedge Fund Index Finished Up 2.07% in January

January 2013 and December 2012 performance numbers are listed below

Man Group set for management shake-up

The overhaul will amount to a significant consolidation of Mr Roman’s own power base in the company and will indicate the extent to which he will exercise far more executive control over its day-to-day operation.

UBS builds passives range with first onshore retail offering

We are seeing more interest in passive funds

Investors pull $1 billion from hedge fund giant Winton

Winton's main strategy was one of the few to make money in 2011, gaining 6.3 percent, but it lost 3.6 percent last year.

BNP Paribas seen posting 30 percent rise in fourth-quarter profits

BNP's management has said it is aiming to grow operations in the U.S. and Asia while cutting costs at its domestic retail operations.

Mirabaud launches global high yield bonds fund

The fund will be managed with a “unique investment philosophy” driven by active management and security selection, incorporating both top-down and bottom-up analysis.

Ex-Permira partners in talks with wealth funds

The partners will not be trying to raise a traditional buyout fund, they said, but rather tap a handful of sovereign wealth funds and high net worth individuals for every deal they find.

Credit Suisse Said to Sell Stake in Infrastructure Fund

The Zurich-based bank’s stake was valued at about $590 million in net assets