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Fund management


Rod Paris will retire as abrdn’s chief investment officer at the end of this year, the fund management giant has announced. Mr. Paris has been part of the group, which was recently renamed Standard Life Aberdeen, since 2002. Stephen Bird, Edinburgh-based managing director of abrdn, said of Mr. Paris: “Personally, I will miss his wisdom, …

The domestic private equity industry is keen on government ensuring a level playing field between locally established private equity funds and those established abroad for tax purposes. The current 18% GST on “fund management fees” of PE funds continues to be a “big tax friction” affecting the relocation of fund management business to India, they …

Father-of-three Mike Woods finalized the management buyout of the company he started in 2009 after two of his children were diagnosed with severe nut allergy. Eleven years later, the Caerphilly-based Just Love Food Company supplies nut-free, vegan, gluten-free and milk-free cakes to the “big four” supermarkets; Tesco, Asda, Sainsbury’s and Morrisons. And the company – …

Bridges Fund Management made what is believed to be an excellent return by selling a stake in World of Books to another private equity firm Livingbridge. The private equity firm closed a sale valuing the company at north of £ 150million, according to AltAssets, following a year-over-year increase in revenue at the online retailer. Never …

Soros Fund Management, the private investment firm of billionaire George Soros, is now trading Bitcoin (CRYPTO:BTC) and are considering acquiring crypto and blockchain companies. What happened: According to The streetin recent weeks, Soros Fund Management’s chief investment officer, Dawn Fitzpatrick, moved to allow the company to actively trade bitcoin and possibly other cryptocurrencies, according to …

Soros Fund Management CIO Dawn Fitzpatrick preaches patience to investors. Speaking at Robin Hood’s annual conference, Fitzpatrick said Soros was replenishing his cash reserves. She called late-stage private companies overvalued, in part because of the PSPC boom, and said large-cap tech stocks trade low. The woman who manages the fortune of one of the richest …

“I don’t see myself as a star fund manager,” Richard Buxton told the Financial Times in 2014, which of course is exactly what you’d expect from a star fund manager with any common sense in an interview. It was a year after the former head of UK equities at Schroders left the UK’s biggest fund …

Fund management rules Regulatory framework and authorities How is fund management regulated in your jurisdiction? Who are the main authorities responsible for regulating funds, fund managers and those who market the funds? Pursuant to the Securities and Exchange Act BE 2535 (the “Act”), the Securities and Exchange Commission (SEC) of Thailand and the Capital Market …

Veteran value investor Tom Stubbe Olsen will stop managing public investment funds after more than 30 years in the industry, Citywire Selector has learned. Stubbe Olsen (pictured), fund manager and founder of Swiss boutique Mensarius, will no longer run the Mensarius Sustainable Value fund, launched last year. Its co-manager, Cédric Jacques, left the firm in …

As part of the deal, Tavistock will become Titan’s strategic partner and distribute its products. Tavistock Investments PLC (LON: TAVI) soared as it agreed to sell its fund management arm (TWL) for up to £ 40million to Titan Wealth. The fund group will receive additional payments over a ten-year period equivalent in value to 50% …

Godrej Fund Management, the real estate-focused private equity arm of Godrej Group, has purchased a plot of land, with development potential of 1 million square feet, in urban Bengaluru from a property developer in the As part of a deal valued at around Rs 700 crore, people with first-hand knowledge of the development said. The …

Julie-Anne Mizzi, global head of social care at AMP Capital, will join Plenary Group to lead a new Australian and New Zealand fund management arm at the infrastructure specialist. The appointment comes as Plenary attempts to take over management of the A$8 billion (€5.1 billion) community infrastructure fund (CommIF) from AMP Capital, overseen by Mizzi. …

Fullerton Total Return Multi-Asset Income is designed to provide regular payouts and capital appreciation with potentially lower downside risks SINGAPORE, June 4, 2021 /PRNewswire/ — Fullerton Fund Management (“Fullerton”) has partnered with Maybank Singapore to launch Fullerton Total Return Multi-Asset Income (the “Fund”) allowing investors to build their retirement wealth at three stages of adult …

British Airways hands over management of gigantic £ 21 billion pension fund serving 85,000 members to US investment giant BlackRock The transfer of management concerns the Airways pension plan It also encompasses the New Airways pension plan which closed in 2018 By Jane Denton For Thisismoney Posted: 12:20 GMT, June 2, 2021 | Update: 12:50 …

Fund management business in the Indian city of GIFT – India’s only International Financial Services Center (IFSC) – may soon get a boost with an IFSCA-appointed panel recommending the adoption of a structure legal variable capital company (VCC) for the fund industry in such IFSCs. A VCC is basically an alternative form of corporate vehicle …

Photo by Dmitrii_Guzhanin/iStock via Getty Images This article is part of a series that provides ongoing analysis of changes to Nelson Peltz’s 13F portfolio on a quarterly basis. It is based on the Peltz regulation Form 13F filed on 05/14/2021. Please visit our Nelson Peltz Trian Fund Management Portfolio Tracker article to get an idea …

More posts from this contributor Governments should invest in the founders of their diaspora 6 career options for ex-founders looking for their next adventure Raise capital for a new fund is always difficult. But should you give preferential economic benefits or other benefits to a seed investor who materially commits to the fund? These “VCs …

No decision before President Horta-Osorio takes over in May – sources ZURICH, April 9 (Reuters) – BlackRock (BLK.N) and Jean-Pierre Mustier’s blank check company are among the investors expressing their interest in the asset management arm of Credit Suisse (CSGN.S), three sources told Reuters, as the Swiss lender explores options for the unit after a …

Bangalore: Godrej Fund Management (GFM), the real estate-focused private equity arm of Godrej Group, has purchased a nine-acre plot of land in Mundhwa, Pune for just over ??300 crore, said two people familiar with the development. The land, which was purchased from a local owner, has development potential of approximately 1.5 million square feet and …

Times are tough for the asset management industry. The growth over the past two decades of so-called “passive” funds, which simply seek to track the performance of an index such as the FTSE 100 or the S&P 500, has accelerated. More and more investors are finding that they don’t have to pay fees to an …

Godrej Fund Management, the real estate private equity arm of Godrej Group, plans to boost its portfolio of pan-India office projects to over $3 billion or Rs 22,000 crore by 2023 as it rolls out a strategy to make this portfolio public through a real estate investment. Trust (REIT) or hold these assets through a …

Godrej Fund Management, the real estate private equity arm of Godrej Group, has completed the first closing of a $500 million or Rs 3,700 crore office development platform, GBTC II in partnership with Dutch company APG Asset Management NV, the main investor of the platform. Under this platform, Godrej Fund Management will have the capacity …

Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, has raised $500 million through its GBTC II office development platform in partnership with Dutch-based APG Asset Management NV (APG), the investor main of the platform. Under this scheme, GFM will develop Class A office assets which will be valued at …

Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, announced on Monday that it has raised $200 million from Dutch firm APG Asset Management for its $500 million office property fund. This is the fund’s first closing. The Godrej Group has invested $50 million in the fund …

The Pension Funds Regulatory and Development Authority (PFRDA) has raised the cap on fund management fees to attract more companies in the sector and maintain long-term returns. It has already issued a request for proposals (RFP) for pension fund managers. All seven existing companies as well as new ones can apply. …

BENGALURU: Godrej Fund Management (GFM), the real estate-focused private equity arm of the Godrej Group, plans to raise a $500 million fund by early next year to invest in high-rise buildings. offices and is in talks with global investors, said Karan Bolaria, managing director and chief executive of the company. A year ago, GMF raised …

According to Colliers International, the commercial office segment in India continues to attract significant interest from investors, even in times of uncertainty around the remote working culture which is expected to continue through the end of 2020. Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, is looking to raise …

Fund management rules Regulatory framework and authorities How is fund management regulated in your jurisdiction? Who are the main authorities responsible for regulating funds, fund managers and those who market the funds? In Taiwan, there are five main types of funds, defined by the organizer and the type of organizational structure used: corporate securities trust …

A venture capital fund manager faces all the issues resulting from the current coronavirus (COVID-19) pandemic that virtually every other business faces: social distancing, business as usual in a virtual environment, shutdown requirements local and state governments, safeguarding the health of employees and others, etc. Venture capital fund managers also face a unique set of …

ATLANTA–(BUSINESS WIRE)–Privet Fund Management LLC (together with its affiliates, “Privet”) and UPG Enterprises LLC (together with its affiliates, “UPG” and collectively with Privet, the “Shareholder Group” or “we” or “we” ), who collectively own approximately 24.8% of the outstanding common shares of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the “Company”), today issued the statement below …

Passive fund management is a great success built on a big mistake. The late Jack Bogle’s sales pitch sums it up well: “Don’t look for the needle in the haystack. Just buy the haystack. This line is still prominently featured in marketing by Vanguard, the mutual fund company Bogle founded. BlackRock and State Street, two …

By Jennifer Ablan, Trevor Hunnicutt NEW YORK (Reuters) – Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but cut its stakes in Alphabet Inc and Amazon.com Inc in the quarter to June, according to a regulatory filing on Tuesday. Billionaire hedge fund manager George Soros speaks during a discussion at the …

Elizabeth Holmes. Photo: Andrew Burton/Getty Images Following allegations that the company staged fake blood tests using commercial lab equipment to impress investors, Theranos announced today that it has reached a settlement in two lawsuits filed against the company by one of its investors, Partner Fund Management LP. sued Theranos for nearly $100 million, alleging Holmes …

Elizabeth Holmes David Orrell | CNBC Theranos said it has settled lawsuits with one of its biggest backers. The blood test start-up said monday he had reached a confidential settlement with hedge fund Partner Fund Management, which invested more than $96 million in Theranos in 2014. Partner Fund Management had accused Theranos of securities fraud, …