Managers of Wealth

London hedge fund paid top partner €42m last year

Comac was one of a tiny minority of hedge funds and investors that called the stock market right in 2007 and 2008, making a massive profit from shorting US Treasury bonds.

Hedge fund exit requests hit 2012-high in September

Hedge fund administrator SS&C GlobeOp's forward redemption indicator, a monthly snapshot of clients giving notice to withdraw their cash as a percentage of its assets under administration, measured 3.76 percent in September.

U.S. hedge fund backs Jenkins' new-look Barclays

Jenkins said the bank would be "balanced, less risky and more predictable" under his leadership.

America's Richest Hedge Fund Managers

The man who set the standard for hedge fund wealth in America, however, is no longer managing money for outside investors. George Soros, now 82, retired in 2011 and turned his hedge fund into a family office, returning just under $1 billion in assets to o

Tenon links with Cofunds and Standard in advice revamp

RSM says the three platforms will be suitable for the majority of clients but it will look outside of those platforms where appropriate.

Assante’s architect aims to build new empire in pension consulting

Martin Weinberg, who built Assante Corp. before selling the wealth management firm to CI Financial Corp., is now on the hunt for firms that counsel pension funds and endowments on how to invest their money.

ABN AMRO to shut grain desk on CBOT trading floor

A veteran trader from a prominent brokerage in Chicago said about 1,000 floor traders, phone clerks and runners worked there about two decades ago. Now, there are about 250.

Bordeaux Index signs with Octavian

Octavian has announced that it has signed a long term agreement with Bordeaux Index, one of the world’s largest fine wine merchants, to provide storage and distribution services.

Franklin Templeton inaugurates new office in Zurich

Franklin Templeton has experienced a remarkable upturn since the end of the financial crisis.

Schroder buys 25% stake in Axis Mutual Fund

The transaction provides Axis AMC access to Schroders’ global distribution network

Franklin Templeton to acquire hedge funds specialist

Strategic Relationship Bolsters Company’s Alternatives and Solutions Platform

Bordeaux Grape Quality better than 2011

Head of the newly-expanded wine division of French bank Credit Agricole is forecasting a better vintage this year than 2011 as it gears up for the harvest in Bordeaux.

Qatar bank acquires two London properties

Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square and Westbourne House, Westbourne Grove, the company said in a statement.

Kenya a top investment spot for the world’s wealthy?

Two stylish new Kenyan projects that are attracting attention are a development in the Laikipia area, north of Nairobi, and a clutch of homes on the Indian Ocean island of Lamu, both designed and built by Leslie Duckworth.

Gottex reports operational loss of USD2.6m

Alternative asset management group Gottex Fund Management has reported an operational loss of USD2.6m for the six months ended 30 June

SYZ & CO adopts new investment approach to emerging markets

The SYZ & CO Group has announced today the launch of a more balanced strategy for emerging markets.

Hedge fund assets available for prime custody jump 40% in two years - RESEARCH

BNY Mellon has reported that hedge fund assets available for prime custody services now stand at an estimated $684 billion, a 40% increase since 2010.

New Chinese Collector Coin Series Highlights Bronze Antiquities

The Chinese bronzes exquisitely represent superior technology and culture of the Qin Dynasty, rated as the highest example of artistic value around the world.

Van Lanschot: Successful issue of senior unsecured bonds in Switzerland

This issue further improves the bank's funding profile and diversification of its funding sources. The bonds were placed with a broad group of Swiss investors. Van Lanschot's funding ratio remains strong at around 85%.

MidEast investors launch $20m bid for Portsmouth

Middle East investors have lodged a dramatic $20m bid to take over troubled football club Portsmouth, Arabian Business can reveal.