hsbc opens up next generation fund
HSBC has launched high net worth (HNW) and institutional share classes for its Next Generation Fund, which invests in “new and upcoming hedge fund managers” and targets an annualised return of 12% to 15%.
News
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equities trump fixed income
Almost two-thirds of equity fund managers expect returns of more than 5% in 2012, while only 7% of fixed income managers expect the same from sovereign bonds, a survey by Aviva Investors has revealed today.
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secular and cyclical outlooks look good for gem
Thomas Meléndez explains the positives for investors as secular and cyclical outlooks combine for emerging markets, particularly in Latin America, and point towards soft economic landings.
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rsm tenon hires new CEO to boost performance
Wealth manager and investment strategist RSM Tenon has appointed former CEO of Matrix Group, Chris Merry, as its new CEO, charged with returning the company to profitability.
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greek bailout package in jeopardy
European ministers are adamant that austerity measures the Greek government agreed a matter of days ago does not go far enough.
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allianz gi sheds rcm label
Allianz Global Investors is to rename its offshore and onshore funds, in the process removing the RCM brand it acquired in 2001.
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Moodys negative outlook – so what
The event of the UK being put on negative outlook by ratings agency Moody’s was unsurprisingly given much attention this morning, but opinions are mixed on whether it would actually make a marked impact if we lost our coveted AAA crown.
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towry loses case against raymond james
Towry has lost its case against rival Raymond James which it accused of unlawfully soliciting its clients.
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black-listed henderson higher income
Henderson has announced the restructuring of its Higher Income Fund just a day after it was kept on Principal Investment Management’s Income Study Black List for the second year running.
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european investors redeem 100bn euros net in 2011
In 2011, investors across Europe redeemed net more than 100bn from Ucits and non-Ucits funds, according to the latest figures from EFAMA.
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moodys puts uk on negative
Moody’s, one of the big three ratings agencies, put the UK, France and Austria on negative outlook late last night, increasing concerns the countries will lose their prized AAA ratings.
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self-interested ima aiding next mis-selling
SCM Private has lambasted the Investment Management Association (IMA), claiming it is leading the investment industry in the wrong direction – reducing transparency, rather than improving it.
