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...H2O Asset Management’s auditor has warned that the firm’s accounts “do not give a true and fair view” of its financial position, handing the once high-flying investment group a rare “adverse” opinion....
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...Their absence is a painful reminder of the G20’s Common Framework’s ineffectiveness....
...But this fund has done noticeably better than its Russell 2000 benchmark, despite being basically a passive fund....
...Luxembourg-based Alter Domus, which was founded in 2003 and has about 5,000 employees, provides a range of services to fund management groups including handling administrative and compliance issues....
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...I bought an S&P 500 fund a few weeks later, selling again in September for a tidy 12 per cent profit. I felt smug after share prices dropped almost a tenth over the subsequent two months....
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...“The thing that gets me excited about UK equities is just the amazing value that’s on offer within the market”, said Alex Wright, a portfolio manager at Fidelity International....
...Again there is a wide variation in how the asset management industry has answered this for balanced funds. Each method has its benefits and flaws....
...strategist at Allianz Investment Management....
...The concept is even less well developed in Europe, where just 2.6 per cent of the $1.6tn of ETF assets in the two largest domiciles of Ireland and Luxembourg are in active funds, with their share of flows...
...S&P publishes a regular report on the performance of mutual funds....
...The bank’s burst of friendly fire comes just a few weeks after the Bank for International Settlements became the latest to flag that the explosion of option-based investment funds may be contributing to...
...As an international asset management centre, UK asset managers should be able to capture this growth....
...Italy’s finance police raided the headquarters of Serie A football club AC Milan on Tuesday as part of an investigation into potential irregularities over its 2022 sale by US hedge fund Elliott Management...
...Matt Kaufman, head of ETFs at Calamos, said “the converts market is not a massive space, but the idea of delivering risk management that’s similar to a convertible — I think a lot of people can get behind...
...Management....
...(Laughter) Katie MartinYou can take the man out of fund management, but you can’t take fund management out of the man. But yeah, this has like a really big impact on the bottom line, right?...
...In the UK, The Investment Association estimates that passive accounts for a third of all assets under management, and index fund assets eclipsed those in actively managed funds in the US market at the end...
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