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Bridge Asset Management moves operations to Isle of Man

Bridge Asset Management moves operations to Isle of Man

Wed, 31/10/2007 - 07:08

The Isle of Man has succeeded in attracting Bridge Asset Management, a specialist in emerging markets, to establish operations on the island as part of a strategy led by Isle of Man Financ »

Fund manager diversification will hit returns in the future, says report

Fund manager diversification will hit returns in the future, says report

Wed, 31/10/2007 - 07:07

Forty per cent of fund managers worldwide have diversified into long-only funds and 30 per cent into alternatives over the last three years, causing convergence between investment strategi »

Pictet launches low-risk absolute return fund

Pictet launches low-risk absolute return fund

Wed, 31/10/2007 - 07:05

Backed by the strong track record of the EUR2bn PF (Lux) Absolute Return Global Diversified Fund, Pictet Funds has announced the launch of a lower-risk absolute return product, the PF (Lux »

WM/Reuters gives spot foreign exchange rates 24-hour availability

WM/Reuters gives spot foreign exchange rates 24-hour availability

Wed, 31/10/2007 - 07:03

WM/Reuters, an independent provider of foreign exchange rates, has expanded its Intraday Spots product to include the Asia-Pacific region, providing the market with 24-hour access to indep »

Isle of Man approves orders to complete the launch of new fund regime

Isle of Man approves orders to complete the launch of new fund regime

Tue, 30/10/2007 - 07:18

The Isle of Man Financial Supervision Commission has announced that Tynwald, the island's parliament, has approved the legislative orders required to revamp the jurisdiction's fund legisla »

Absolute Capital fund restructuring wins investor backing

Absolute Capital fund restructuring wins investor backing

Tue, 30/10/2007 - 07:17

Absolute Capital Management has won mostly comfortable majorities in support of its restructuring plans for four funds whose exposure to illiquid, hard to trade US micro-cap stocks was rev »

Record growth for Jersey fund industry, says Lipper

Record growth for Jersey fund industry, says Lipper

Tue, 30/10/2007 - 07:14

Jersey's fund servicing industry has grown to USD225.9bn (GBP112.5bn) in 1,367 funds and sub-funds at the end of June, an increase of nearly 150 per cent from USD91.0bn (GBP59.7 billion) i »

UBS acquires France's Caisse Centrale de Réescompte

UBS acquires France's Caisse Centrale de Réescompte

Tue, 30/10/2007 - 07:12

UBS has announced that it is to acquire the Caisse Centrale de Réescompte group, a French asset and wealth manager with EUR17bn in invested assets and 190 employees, from Germany's »

BDO Stoy Hayward's Fitzwilliam Growth Fund ranked top among funds of hedge funds

BDO Stoy Hayward's Fitzwilliam Growth Fund ranked top among funds of hedge funds

Tue, 30/10/2007 - 07:10

Fitzwilliam Growth Fund, a fund of hedge funds provided by UK specialist wealth adviser BDO Stoy Hayward Investment Management, has been ranked the best performing fund of hedge funds over »

Absolute Capital announces reopening of Absolute Germany Fund

Absolute Capital announces reopening of Absolute Germany Fund

Mon, 29/10/2007 - 06:00

With the result of October 27 shareholder votes on restructuring plans for four of its funds looming, Absolute Capital Management has announced that its Absolute Germany Fund has lifted th »

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