12/27/2013
Chairman Mao's old home to reopen inside luxury mall
The Shanghai home where Mao Tse-tung first read Marx has become the centerpiece of a luxury shopping centre that calls itself a cradle of "cosmopolitan chic"
12/24/2013
Wealthy Investors In Fine Arts Are Spending Billions
The world’s wealthy people are investing huge sums in fine art regularly breaking records.
12/23/2013
Gfh Capital acquires prime Central London residential property
Located in Kensington, the property is a Grade II listed building, overlooking the Queens Gate Gardens.
12/23/2013
Ex-HSBC Banker to Start Hedge Fund Seizing Global Opportunities
“We don’t want companies which will swing with macro events. We are looking for companies which will be fine irrespective of macro.”
12/23/2013
Duffield's Brompton buys Way Group's global fund range
As a result, WAY will continue to focus on the core business of trust management.
12/20/2013
Pictet launches short-term corporate bond fund
Pictet Asset Management has launched a short-term corporate bond fund for veteran fund manager Frédéric Salmon and colleague Justine Vroman.
12/19/2013
Good year for Odey after fund turnover drives handsome profit
Odey Asset Management, the hedge fund managed by seasoned stock picker Crispin Odey, doubled profits last year after performance fees soared
12/19/2013
Old Mutual to launch three multi-asset funds
Old Mutual Global Investors will launch a multi-asset range of funds in February next year.
12/19/2013
Christie’s launches in India to tap growing wealth
Christie’s held its first art auction in India on Thursday, aiming to tap into a budding market for prestige purchasing among the country’s fast-growing ranks of millionaires.
12/16/2013
Swiss fund manager to buy EIM Group
Gottex said it remained on the look out for new partners to widen its distribution.
12/12/2013
Investors add to hedge fund holdings in November
SS&C GlobeOp Hedge Fund Performance Index: November performance 1.47%; Capital Movement Index: December net flows advance 0.60%
12/11/2013
ICBC Launches 'Lunar Exploration' Precious Metal Product
On Nov. 25, 2013, as China's 'Chang'e-3' lunar probe was about to blast off
12/10/2013
“2 and 20” Fading, Managers Need Big Assets or Performance to Profit: Citi Prime Finance Survey
Economics Fosters Investor-Manager Alignment of Interests
12/10/2013
BNY Mellon Launches AIFMD Regulatory Reporting Service
Flexible solution for AIFMD's complex data collection, management and reporting requirements
12/09/2013
Zurich appoints BlackRock for passive mandate
Threadneedle will continue to run the active segment of the funds
12/09/2013
How will Jupiter's growth strategy change under new chief?
It is a move that has been greeted with some unease amongst some sections of the fund buying community.
12/03/2013
Lloyd George Management Launches Asian growth fund
The strategy's focus will be to identify high growth franchises in order to generate returns through a balance of growth and income and will be led by Christopher Darling
12/02/2013
Hedge funds launching traditional long-only strategies in direct competition with asset managers
Deutsche Bank has published the results of a survey which examines the expanding role of hedge funds within the wider asset management industry.
12/01/2013
UBS to buy back outstanding bonds in public tender offer
UBS offers to buy back certain outstanding tier 2 and senior bonds for cash up to approximately CHF 2.15 billion.
12/01/2013
Christie’s Asia 2013 sales total almost $1 billion
Christie’s Asia has published the results of its 2013 sales, which has seen its highest ever annual result with an auction total of $947 million.