DC members unwilling to learn
After spending extensive amounts of money on helping educate members of defined contribution pension schemes, asset managers have revealed their efforts have fallen on deaf ears.
Managers position for global recession
Fund managers have accepted they are in the midst of a recession and are positioning themselves to ride out the storm.
Dutch asset pool seeks to lure talent
A Dutch financial-industry group is laying out the welcome mat for veteran asset managers who want to start their own businesses.
SEB to pay Homm certificate investors
SEB Bank says it hopes to reimburse investors in a hedge fund managed by Florian Homm.
Lehman’s French fund unit goes it alone
Lehman Brothers Asset Management France’s 16-member team will continue to be led by Yves Choueifaty after a full management buyout from bankrupt Lehman Brothers.
MPC Capital issues third profit warning
German fund company MPC Capital blames its latest warning on losses associated with HCI Capital.
French banks resist raising capital base
Market pressure could be keeping French banks from looking to increase their capital bases.
Banco Santander shares plummet
Shares in Banco Santander have declined steadily since the bank announced its plans for a capital increase.
