Daily News

Jarislowsky Fraser to launch low fee mutual funds

Emily.perryman — Fri, 03 Sep 2010 11:03:11 GMT

A family of low fee Jarislowsky Fraser mutual funds is to be launched, subject to regulatory approvals.

Article Tag:

Jarislowsky Fraser mutual funds, Canada

Independent film funds an investment of the future, say Guernsey experts

mkitchen — Fri, 03 Sep 2010 06:00:00 GMT

As traditional Hollywood studios struggle to assemble funding – MGM has been forced to postpone the 23^rd film of the James Bond franchise because of debt problems – more and more financiers are looking to the independent film fund model for reliable returns, according to Guernsey-based tax expert Ben Tustin.

Brookfield appoints client relations manager for private funds group

Emily.perryman — Fri, 03 Sep 2010 05:41:34 GMT

Brookfield Asset Management has appointed Chris Harris as client relations manager for the private funds group.

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Brookfield Asset Management, Chris Harris, private funds group

Ladenburg Thalmann completes acquisition of Premier Trust

Emily.perryman — Fri, 03 Sep 2010 05:06:34 GMT

Ladenburg Thalmann Financial Services has completed its acquisition of Premier Trust, a provider of wealth management services, including trust administration, estate and financial planning, custody and investment services.

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Ladenburg Thalmann Financial Services, Premier Trust

Merchant Capital launches second tranche of emerging markets plan

Emily.perryman — Fri, 03 Sep 2010 05:02:34 GMT

Merchant Capital has launched a second tranche of the Merchant Capital Kick Out Plan: Emerging Markets, which offers investors exposure to Brazil and China.

Article Tag:

Capital Kick Out Plan: Emerging Markets, Brazil, China

BNY Mellon completes purchase of I(3) Wealth Advisors of Toronto

Emily.perryman — Thu, 02 Sep 2010 15:09:34 GMT

Financial services company BNY Mellon has completed its purchase of I(3) Advisors of Toronto, an independent wealth strategy company with more than CAD3.8bn in assets under advisement.

Article Tag:

BNY Mellon, I(3) Advisors of Toronto, Canada

Family Office Exchange expands leadership team

Emily.perryman — Thu, 02 Sep 2010 14:36:34 GMT

Family Office Exchange has appointed Thomas J. Reilly as chief operating officer to oversee daily operations and guide deployment of digital systems that deliver the firm’s knowledge to members.

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Family Office Exchange, Thomas J. Reilly

Performance Trust Investment Advisors launches total return bond fund

Emily.perryman — Thu, 02 Sep 2010 13:19:34 GMT

Performance Trust Investment Advisors, an affiliate company of Performance Trust Capital Partners, has launched its first mutual fund, the Performance Trust Total Return Bond Fund.

Article Tag:

Performance Trust Investment Advisors, Performance Trust Total Return Bond Fund

American Beacon launches small cap equity fund

Emily.perryman — Thu, 02 Sep 2010 13:17:36 GMT

American Beacon Advisors, a provider of investment advisory services to institutional and retail markets, has added the American Beacon Evercore Small Cap Equity Fund to its family of mutual funds.

Article Tag:

American Beacon Evercore Small Cap Equity Fund

Investment Services UK launches Jersey-based fund

Emily.perryman — Thu, 02 Sep 2010 11:47:34 GMT

Investment Services UK, a London-based fixed income specialist focused on emerging markets, has launched a fund seeking enhanced returns through access to a portfolio of fixed income securities principally throughout the emerging markets.

Article Tag:

Investment Services UK, Amrah Global Opportunities Fund, Ram Melwani

Citigroup names head of global family office group

Emily.perryman — Thu, 02 Sep 2010 11:16:34 GMT

Citigroup has promoted Catherine Weir as head of its new global family office group.

Article Tag:

Citigroup, global family office group

Glenn Degenaars joins First Republic Private Wealth Management

Emily.perryman — Thu, 02 Sep 2010 11:00:34 GMT

Glenn Degenaars has joined First Republic Private Wealth Management in New York as portfolio manager and managing director.

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Glenn Degenaars, First Republic Private Wealth Management, New York

Frontier Capital promotes Andrew Cracknell to head of intermediary business

Emily.perryman — Thu, 02 Sep 2010 09:25:34 GMT

Frontier Capital Management, an investment management company that combines both traditional and alternative asset classes, has promoted Andrew Cracknell to head of intermediary business.

Article Tag:

Frontier Capital Management, Andrew Cracknell, Alex Gaitan, Nahed Ennasr

Emmanuel Roman to become chief operating officer of Man

Emily.perryman — Thu, 02 Sep 2010 05:16:48 GMT

Emmanuel Roman will assume the newly created role of chief operating officer of Man following the company’s acquisition of GLG Partners.

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Emmanuel Roman, Man, GLG

Global equity manager Javelin Capital is launched

Emily.perryman — Thu, 02 Sep 2010 05:09:48 GMT

Javelin Capital, an asset manager specialising in global equities, has launched.

Article Tag:

Javelin Capital, Majedie Investments

Vanguard surpasses iShares in ETF adviser loyalty

Emily.perryman — Thu, 02 Sep 2010 04:57:48 GMT

Vanguard now ranks first among exchange-traded fund providers in adviser loyalty, displacing the long-standing industry leader iShares.

Article Tag:

Vanguard, ETFs, Cogent Research, 2010 Advisor Brandscape, iShares

Principal launches wrap solutions service

Emily.perryman — Wed, 01 Sep 2010 15:21:48 GMT

Principal Investment Management, a private client investment management firm, has launched a wrap solutions service called WealthSpace.

Article Tag:

Principal, wrap solutions service, WealthSpace

Investor confidence falls by 4.4 points in August

Emily.perryman — Wed, 01 Sep 2010 11:30:48 GMT

Investor confidence fell by 4.4 points in August from July’s revised reading of 96.5 to 92.1, according to the State Street Investor Confidence Index.

Article Tag:

State Street Investor Confidence Index, August

Societe Generale Private Banking names chief executive for South Asia

Emily.perryman — Wed, 01 Sep 2010 11:15:48 GMT

Societe Generale Private Banking has appointed Olivier Gougeon as chief executive officer for South Asia.

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Societe Generale Private Banking, Olivier Gougeon, South Asia

GDP to slow towards equilibrium growth rates in next six months

Emily.perryman — Wed, 01 Sep 2010 06:18:28 GMT

Fixed income manager Western Asset expects global gross domestic product growth to slow toward equilibrium growth rates in the next six months as inventory restocking cycle concludes and fiscal stimulus fades.

Article Tag:

Western Asset, gross domestic product growth, Mike Zelouf

Amundi appoints Peter Lindgren for Nordic countries

Emily.perryman — Wed, 01 Sep 2010 05:08:28 GMT

Amundi has appointed Peter Lindgren as deputy general manager at Amundi Nordic Countries.

Article Tag:

Peter Lindgren, Amundi Nordic Countries

Comment: Brazil appears to be moving to ban foreign farmland ownership

mkitchen — Wed, 01 Sep 2010 05:00:00 GMT

The Brazilian government recently announced an “immediately binding” decision that appears to outlaw all foreign ownership of Brazilian farmland. Stephen Johnston (pictured) of Agcapita Partners outlines the implications.

SL celebrates second anniversary of Life Plus fund

Emily.perryman — Tue, 31 Aug 2010 15:44:28 GMT

SL Investment Management, one of the UK’s largest full service life settlement product providers, is celebrating the second anniversary of its flagship Life Plus Life Settlement Fund.

Article Tag:

SL Investment Management, Life Plus Life Settlement Fund

Union Bancaire Privée strengthens its presence in Asia

Emily.perryman — Tue, 31 Aug 2010 15:10:28 GMT

Union Bancaire Privée’s asset management division has hired Lawrence Lo as chief executive officer and head of sales for Asia ex Japan.

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Union Bancaire Privée, Lawrence Lo, Asia

Schwab to acquire Windward Investment Management

Emily.perryman — Tue, 31 Aug 2010 11:11:28 GMT

Charles Schwab has entered into an agreement to acquire Windward Investment Management for USD150m in stock and cash.

Article Tag:

Charles Schwab, Windward Investment Management