French bank Societe Generale , which recently agreed the sale of its U.S. asset management unit TCW, is now looking to sell its substantially smaller German leasing unit, called Pema, financial newsletter Agefi reported on Tuesday.
"Forward redemptions increased in August which is typical as we approach quarter end but redemption notices remained at moderate levels indicating continued investor satisfaction with alternatives," said Bill Stone, Chairman and Chief Executive
According to Saltus, the move will allow it to significantly broaden its current product offering, with Montague clients set to benefit from additional investment research.
That's right. Corzine, the former CEO of now-bankrupt MF Global, the company that lost hundred of million of dollars in customers funds, is mulling starting a hedge fund, The New York Times reports, citing “people with knowledge of his plans.
Danica, which had investment assets of about $50 billion at the end of June, holds about 7.2 billion kroner ($1.2 billion) in mostly Italian short-term notes and some Spanish debt, according to Peter Lindegaard, the chief investment officer at the pension
Hundreds of businesses have joined, from the acclaimed Arnolfini arts centre to the Chandos deli chain, and the launch had to be postponed from May to September 19 because of the level of interest.
There is increasing industry alarm that draft guidance on how to implement the law could see restrictions such as bonus deferrals and clawbacks, which are already enforced in the banking sector, imposed on a wider range of big funds than first thought.
Shareholders will vote at Liontrust’s September annual general meeting regarding whether or not to expand the current incentive scheme, introduced in January 2011, by 1.9m shares, in order to “closely align their interests with those of shareh
In half-year results, Standard Life revealed that group operating profits before tax rose to £302m in the six months to June 30 from £262m in the same period last year. Assets under administration climbed to £204.2bn from £198.4bn
Despite this, some commentators have suggested that these markets, in particular Hong Kong, are becoming more difficult to gain access into.