Reuters: Funds News

FSA recruits "panthers" to stalk banks

Fri, 27 Nov 2009 10:32:23 +0000

LONDON (Reuters) - The Financial Services Authority has appointed five senior "corporate panthers" to prowl the City of London and help it judge the competence of top banking executives and improve governance.

Allianz fund sees opportunities in energy squeeze

Fri, 27 Nov 2009 10:22:56 +0000

LONDON (Reuters) - The world faces a potential energy supply squeeze as economic growth rebounds, offering huge investment opportunities in the oil and gas industry and in other energy companies, a fund manager said on Thursday.

Hedge funds eye Asian growth as Bolton heads east

Fri, 27 Nov 2009 08:30:41 +0000

LONDON (Reuters) - Fidelity's Anthony Bolton is unlikely to be the last top UK investor to move to Asia as hedge funds eye up attractive investment opportunities and cash-rich clients hungry for absolute returns.

Investors brace to take on boards

Fri, 27 Nov 2009 10:17:15 +0000

LONDON (Reuters) - Large shareholders in Britain are bracing for rules urging more engagement with bank boards to be rolled out across all industries as calls mount for investors to shoulder more responsibility for how well companies are run.

New Schroders fund to protect against rising rates

Fri, 27 Nov 2009 10:20:07 +0000

HONG KONG (Reuters) - A new fund by Schroders will invest in strong credits globally and will guard its assets against rising interest rates with derivatives such as interest-rate futures, a senior official said.

Standard Life to launch European property recovery fund

Fri, 27 Nov 2009 10:14:26 +0000

LONDON (Reuters) - Standard Life Investments said on Thursday it is raising up to 75 million pounds by mid-December for a fund aimed at capturing the recovery in Europe's hard-hit commercial property market.

EU-backed infrastructure fund up for sale

Fri, 27 Nov 2009 10:33:54 +0000

AMSTERDAM (Reuters) - The state financiers of France, Germany and Italy have been speaking to investors about the sale of their 250 million euro EU-supported Galaxy infrastructure fund, two people familiar with the matter said.

Aberdeen says search for yield in 2010

Thu, 26 Nov 2009 11:44:23 +0000

LONDON (Reuters) - Aberdeen Asset Managers is concerned about what it views is the fragility of the economic recovery, prompting caution heading into next year, with bonds and property the focus rather than continued sharp equity gains.

Investors to continue support for bond buybacks

Thu, 26 Nov 2009 12:17:24 +0000

LONDON (Reuters) - Leading corporate bond investors say support for buybacks is likely to continue as it lets them realise value and invest the proceeds elsewhere.

Gold likely to extend its lead over sluggish oil

Wed, 25 Nov 2009 10:40:02 +0000

LONDON (Reuters) - Massive oversupply in the oil market has helped to snap the link between oil and gold that at this stage of tentative economic recovery could send both assets rising as inflation hedges, a strategist at a privately-held fund said.