All news

Joseph Carieri joins TCW as head of institutional distribution and marketing

Mon, 17/06/2013 - 10:08

The TCW Group, an asset management firm, has appointed Joseph Carieri as head of US institutional distribution and marketing. »

Amundi strengthens third party distribution business

Mon, 17/06/2013 - 06:07

Amundi has created a dedicated global business line in a move designed to strengthen its relationships with external distributors globally. »

Insurance firms globally view managing risk as a challenge

Mon, 17/06/2013 - 06:02

More than a quarter of insurance firms globally are experiencing difficulties in managing risk, according to a State Street survey conducted by The Economist Intelligence Unit. »

TCW Group opens offices in Paris and Hong Kong… UBS launches commodity-focused ETF…

Sun, 16/06/2013 - 21:01

After launching the Ashburton Africa Equity Opportunities fund last month, Jersey-based asset management firm Ashburton has rolled out its second UCITS fund reported Citywire Global this week. The Luxembourg-domiciled Ashburton Global New Energy fund will be managed by Richard Robinson, with Alan le Maistre acting as deputy manager. The fund will target long-term growth opportunities in companies operating in oil, gas, coal and renewable energy sources. Three quarters of its assets will be invested in listed companies with up to 10 per cent being allocated to unlisted companies. The fund is benchmarked against the MSCI Energy index. »

Henderson Global Investors appointed as investment manager by AustralianSuper

Fri, 14/06/2013 - 16:06

Henderson Global Investors has been appointed as investment manager to AustralianSuper, the AUD60bn Australian superannuation fund, for its emerging UK retail property strategy. »

Mario J Gabelli, portfolio manager, Gabelli Equity Trust

Gabelli Equity Trust expands investment team

Fri, 14/06/2013 - 16:00

GAMCO Investors has appointed Kevin V Dreyer and Christopher J Marangi to the investment team of the Gabelli Equity Trust effective 1 July 2013, coincident with the departure of Zahid Siddique. »

Bermuda simplifies prospectus rule with Companies Amendment Bill 2013

Fri, 14/06/2013 - 14:13

Bermuda’s Companies Amendment Bill 2013 has been approved by the House and Senate to simplify and improve efficiency in the administration of Bermuda companies. »

Ignis Absolute Return Government Bond Fund exceeds EUR1bn AUM

Fri, 14/06/2013 - 13:33

Ignis Asset Management’s Absolute Return Government Bond Fund has surpassed EUR1bn in assets under management. »

John Smith elected as IVSC trustee

Fri, 14/06/2013 - 12:06

John Smith has been elected to the board of trustees of the International Valuation Standards Council (IVSC). »

Professional investors increasingly sell equity markets short

Fri, 14/06/2013 - 12:01

With equity indices at medium-term or all-time highs, there has been a noticeable increase in professional investors going short, or betting against the market, according to research from exchange-traded products provider Boost ETP. »