Turnkey Asset Management
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Merrill Hedge Fund Chief Moves to BNY
By Staff WriterNEW YORK (HedgeWorld.com)--Anthony Conroy has joined BNY Brokerage, a subsidiary of The Bank of New York, as managing director and head trader. Mr. Conroy comes from Merrill Lynch Investment Management, where he was managing director and head trader at the hedge fund unit for the past five years. The group...
November 29, 2004
Merger Creates Larger Fund of Funds Business for BNP and FauchierPARIS (HedgeWorld.com)--BNP Paribas Asset Management through its joint venture with Fauchier Partners plans to merge with Fauchier in order to grow a fund of funds business. BNP Paribas said it would acquire a 50% economic interest in Fauchier Partners in consideration for contributing its shares in the BNP Paribas Fauchier...
November 23, 2004
ING Sells Baring Unit To Mass MutualING Sells Baring Unit To MassMutualByING Group, Amsterdam, has agreed to sell its Baring Asset Management unit in 2 parts to Massachusetts Mutual Life Insurance ...
November 22, 2004
MassMutual To Buy Offshoot Of Historic Merchant BankING Groep N.V., Amsterdam, has agreed to sell its Baring Asset Management unit to 2 U.S. companies.[@@]Massachusetts Mutual Life Insurance Company, Springfield, Mass., will ...
November 12, 2004
Hedge Fund Changes Seen within Broad Asset Management Industry EvolutionNEW YORK (HedgeWorld.com)--Common distribution platforms that include hedge fund products as well as mutual funds, annuities, separate accounts and insurance are the future business model for asset management companies, according to Steven Buller, Ernst & Young's Americas director and global co-director of asset management services. Mr. Buller was speaking at...
October 29, 2004
Sun Life Assigns Asset Management To New UnitNU Online News Service, Oct. 29, 2004, 3:00 p.m. EDTSun Life Financial Inc. says it plans to put most of the asset management business ...
October 26, 2004
Growth Leads Gottex to Cap Another Share Class in Flagship FundNEW YORK (HedgeWorld.com)--With its total assets under management reaching US$3.6 billion, London- and Lausanne-based fund of funds firm Gottex Fund Management plans to close the...
October 26, 2004
Vanguard Global Equity Fund Reopens With Added ManagersOct. 21, 2004 -- Vanguard Group is adding a team of managers to the Vanguard Global Equity (VHGEX) and will reopen the fund to new...