People Moves | 10 Jul 13
rudolf wolff names ex fmg exec cantlie
Rudolf Wolff, a London-based fund manager which markets its funds internationally, has named Charles Cantlie sales director, as it looks to further develop its family office and institutional businesses globally.
discretionary assets decisively overtake funds
Assets in discretionary mandates represented 53% or 7.3trn of total AUM in Europe at the end of 2011, compared with 6.5trn within investment funds, making a combined total of 13.8trn.
Alternatives | 10 Jul 13
Luxembourg adopts AIFMD laws
The Luxembourg Parliament has today adopted new laws in order to implement the Alternative Investment Fund Manager Directive (AIFMD).
lmim founder being pursued over 17m
The trustee of the suspended LM Managed Performance Fund has confirmed it is pursuing founder and former LMIM managing director Peter Drake for loans made to him from the fund’s assets.
spain france and australia still tops
Europe’s economic woes have failed to dissuade Britons from retiring to Spain and France, which remain, respectively, their first and second choices when considering where to live after retirement, a new survey reveals.