Man Group to further expand GLG capabilities
Man Group is planning to further develop the reach and product range of recent acquisition GLG.
News
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Miller hits back at Smith over ETFs
Alan Miller says Terry Smith should “look in the mirror” before criticising exchange-traded funds.
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Apollo launches multi-asset discretionary offering
Apollo Multi Asset Management has launched a discretionary fund management service.
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The euro will fall further – and not just against safe havens
Chris Alexander says the euro is set to suffer and examines the market impact of new oil forecasts.
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Gilt manager Loudoun departs Invesco
Invesco has placed Paul Mueller in charge of its Gilt Fund as Jack Loudoun quits the firm.
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FSA fines Bank of Scotland £3.5m over investment failings
The FSA has fined Bank of Scotland £3.5m and secured £17m compensation for customers.
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Argonaut recruits first chief operating officer
Argonaut has named its first chief operating officer as it brings its day-to-day business management
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Merrill Lynch tones down North American overweight
Merrill Lynch Wealth Management sells off exposure to US equities but remains overweight.
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US economic downside offset by equity opportunities
Bob Doll gives a non-recessionary outlook for the US with equity opportunities on cheap valuations.
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Investor confidence takes hit as risk asset allocations fall
State Street’s latest Investor Confidence Index shows regional disparities with double-digit fall.
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Investors want greater transparency as PE flows grow
Institutional investors are demanding greater manager transparency as fund flows increase to PE.
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Cartesian co-founder David Stevenson to leave firm
Co-founder of Ignis Asset Managements joint venture Cartesian Capital Partners is to leave the firm
