Goldman Sachs hit by £17.5m fine by FSA
Added 09 September by Gary CorcoranGoldman Sachs has been fined £17.5m by the FSA for its part in a wider US-led investigation into how it ran one of its mortgage-backed securities.
Goldman Sachs has been fined £17.5m by the FSA for its part in a wider US-led investigation into how it ran one of its mortgage-backed securities.
Former Liontrust duo William Pattisson and Jeremy Lang have returned to fund management with the launch of three absolute return funds through their new brand Ardevora Asset Management.
Alternative investment is often a misnomer as what is seen as being 'alternative' is often still an equity fund with huge beta risk. Product development still needs to adapt to offer investors true diversification.
The hedge funds industry is becoming all the more institutionalised, despite an on-going convergence of the sector with traditional asset managers, according to the Alternative Investment Management Association (AIMA).
Invesco has completed the acquisition of Morgan Stanley’s retail asset management business.
GAM Star Diversified Market Neutral Credit Fund is an absolute return fund run on a quants basis.