Managers of Wealth

Legg Mason lists offshore range on Cofunds

Legg Mason brings four Ireland-domiciled funds onto Cofunds as it looks to expand its UK retail presence

Hedge-fund manager to Sell $70 Million of Art After Shutting Hedge Fund Exis

One of the first hedge-fund managers to get serious about contemporary art, is putting much of his collection on the auction block after shutting his firm Exis Capital Management Inc.

SS&C GlobeOp Forward Redemption Indicator

The SS&C GlobeOp Forward Redemption Indicator for March 2014 measured 3.81%, up from 3.38% in February.

Fund groups tip product launch rush after annuities overhaul

Chancellor George Osborne’s announcement that pension savers would be given unlimited access to their pension pot from the age of 55 is being heralded as a “game changer” for the asset management industry.

French boutique launches global megatrends Fofs

Cedrus Asset Management has announced it is launching a multi-manager fund which aims to assemble a portfolio of the best global thematic equity funds in the market.

Ipes and Standish Announce Strategic Partnership

Transatlantic Alliance Strengthens Private Equity Fund Services

The World’s First Whisky Fund to Launch in HK

They speak to Rishaad Salamat on Bloomberg Television’s “On The Move Asia.”

UK fund manager eyes Qatar as hub for Gulf expansion

UK-based Hermes Fund Managers is eyeing long-term partnerships with businesses in Qatar both as asset managers and investors and also currently exploring ways to raise funds from the wider Gulf region.

Horlick to chair film fund

City 'superwoman’ will chair a new film fund targeting low-budget, high-quality films

Bonus cut hits Garrett-Cox pay package

ALLIANCE Trust chief executive Katherine Garrett-Cox has seen her total remuneration package fall from £1.8 million to less than £1.4m because of a near 30% reduction in her bonuses.

UBS Plans New China Property Fund

UBS AG Switzerland’s biggest bank, is raising a second fund that will invest in Chinese residential properties to meet demand that remains “extremely strong” even amid government curbs that are lowering returns.

HSBC GAM to launch ‘smart beta’ funds

Funds will be based on indices weighted according to contribution to economic output

Launching a Hedge Fund - White Paper

New York hedge fund attorneys Riveles Law Group has put out a new whitepaper outlining the legal, structural and practical considerations to be evaluated in establishing a hedge fund.

Ashburton Investments gets SA approval

Jersey-based Veronika Pechlaner, who manages the Ashburton Global Leaders Equity Fund together with investment director Nick Lee, said: "Our focus is on finding 20 quality mega-caps, which are global leaders within attractive industries.

French asset manager Perial targets €400m investment in 2014

French asset manager Perial is looking to invest €400m for its SCPI and OCPI real estate funds this year, up from €250m in 2013.

New Capital launches Swiss equity fund for new hire

New Capital has unveiled its first Swiss equity focused fund, which will be overseen by recent recruit and Citywire rated manager Urs Beck.

Cazenove multi-managers stand firm with Majedie fund

Marcus Brookes and team plan to keep stake in hard-closed long/short equity fund.

Middle East Investors Ready To Spend Heavely On Art

Necessary market maturity and support infrastructure have increased the appeal of the Middle East’s art market, experts say.

Deutsche Asset & Wealth Management acquires USD85m of illiquid hedge funds

Deutsche Asset & Wealth Management's (DeAWM) Aggregator Solutions fund has recently acquired a USD85m portfolio of illiquid hedge funds from a Swiss asset manager.

Swiss banking group launches OYSTER Market Neutral Plus

The fund is an increased leverage version of the OYSTER Market Neutral fund, whose neutral beta long/short strategy has proved itself since it was launched four years ago.