News

Goldman Sachs hit by £17.5m fine by FSA

Added 09 September by Gary Corcoran

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.

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Lang and Pattisson back with absolute return fund launches

Added 09 September by Gary Corcoran

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.

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PA ANALYSIS: Investors want truly alternative investments

Added 09 September by Gary Corcoran

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.

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AIMA: institutions have dislodged HNWIs as top hedge fund investors

Added 09 September by Gary Shepherd

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).

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Invesco takes over Morgan Stanley retail asset management business

Added 09 September by Gary Corcoran

Invesco has completed the acquisition of Morgan Stanley’s retail asset management business.

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GAM launches absolute return credit fund

Added 09 September by Gary Corcoran

GAM Star Diversified Market Neutral Credit Fund is an absolute return fund run on a quants basis.

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