Reuters: Funds News

Man Group sees net inflow from private investors

Fri, 10 Jul 2009 11:12:06 +0100

LONDON (Reuters) - Man Group , the world's biggest listed hedge fund firm, reported a rise in sales to private investors and said it expects to return to overall net client inflows in its second half, boosting its shares.

HSBC funds of funds eye emerging markets

Fri, 10 Jul 2009 13:23:40 +0100

LONDON (Reuters) - Emerging markets will provide the best return for equity investors in the long term, says the manager of two HSBC funds of funds, who is overweight in the category.

M&G sees rapid second close for midcap loan fund

Fri, 10 Jul 2009 10:58:03 +0100

LONDON (Reuters) - M&G, the asset management arm of Prudential , is planning a second closing within two months for a fund making loans to smaller companies, after a first fund raising pulled in over 1 billion pounds.

Ageing Japan still a good investment

Thu, 09 Jul 2009 10:43:31 +0100

TOKYO (Reuters) - Has the sun set on Japan as the rest of Asia becomes the sole source of growth in the global economy?

Charlemagne assets rise 28 percent

Thu, 09 Jul 2009 10:48:50 +0100

LONDON (Reuters) - Fund house Charlemagne Capital, which focuses entirely on emerging markets, said on Thursday that assets under management had risen by 28.2 percent in the second quarter to $2.4 billion at end-June.

UBS fired by Church pension scheme

Thu, 09 Jul 2009 08:47:58 +0100

LONDON (Reuters) - The Church of England Pensions Board said on Wednesday it has fired UBS as its global equities fund manager and brought in Allianz unit RCM in its place.

Funds of hedge funds see first net inflows for a year

Thu, 09 Jul 2009 10:46:51 +0100

LONDON (Reuters) - Funds of hedge funds are beginning to see net client inflows again after a tough period of redemptions and concerns over the Madoff fraud, S&P Fund Services' director of fund research told Reuters.

Lo's lab offers lessons for investors

Thu, 09 Jul 2009 08:44:07 +0100

LONDON (Reuters) - Hedge fund manager Andrew Lo has spent the better part of his career applying complex financial theory to the real world but, coming from a family of scientists, says he was the black sheep for choosing economics.

Mobius sees $1 billion Turkey investment

Thu, 09 Jul 2009 08:35:02 +0100

ISTANBUL (Reuters) - Templeton Asset Management's veteran fund manager Mark Mobius said on Wednesday it envisaged investing $1 billion in Turkey in the next two to three years.

Government makes life more expensive for banks

Thu, 09 Jul 2009 09:21:33 +0100

LONDON (Reuters) - The government unveiled a blueprint on Wednesday aimed to prevent a re-run of the credit crunch that forced it to bail out banks with billions of pounds of taxpayers' money.