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The latest news from Citywire Financial Publishers Limited.
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9:03 Wed 23 Jul 2008 OPM spies potential in emerging market Reits OPM Fund Management believes it has spotted an opportunity in emerging market real estate investment trusts (Reits), which it argues are being shunned despite healthy performance.
13:04 Tue 22 Jul 2008 Debt managers face consolidation, says Fitch Fitch Ratings has forecast a 20% drop by 2011 in the number of European companies managing collateralised loan obligations which could threaten refinancing in downtrodden sectors and ultimately pull long-term institutional investors into leveraged loans.
13:01 Mon 21 Jul 2008 Lord Rothschild appoints Marshall Wace founder to RIT board  Lord Jacob Rothschild has appointed on of the world's most recognised hedge fund managers, Ian Wace and the chief investment officer of Oxford University Asset Management (OUAM) to the board of his family investment trust.
10:00 Mon 21 Jul 2008 Unicorn's Webb steps down Unicorn's chief executive Peter Webb has stepped down from the firm and resigned from his role as director.
15:00 Thu 17 Jul 2008 BlackRock posts 5% rise in assets despite 'challenging' market conditions  US investment giant BlackRock has reported a 5% rise in assets under management (AUM) in the quarter to 30 June 2008 to$1.428 trillion (£0.715 trillion), despite the current market volatility.
10:05 Fri 11 Jul 2008 Oil price will correct, but don't be scared off, says Independent Trust The Independent Investment Trust has warned that the 50% of its portfolio invested in oil and mining stocks could face a short-term correction but said it will not be selling out.
9:04 Wed 9 Jul 2008 Henderson's Asian manager Kerley shuns India Henderson Global Investors' Asian fund manager Mike Kerley is avoiding the Indian stock market because of the state of its current accounts and the high valuations of its stocks.
10:01 Tue 8 Jul 2008 Gush to co-manage Baillie Gifford Pacific Horizon Investment Trust Baillie Gifford has appointed Mike Gushasco-managerof the Pacific Horizon Investment Trust alongside Gerald Smith.
13:09 Mon 7 Jul 2008 Schroders launches agricultural land fund  Schroders is launching an investment trust investing in global agricultural land which will target a net return of 10-15% a year.
0:01 Mon 7 Jul 2008 Dexion Capital seeks £135 million for new global farming fund Dexion Capital aims to raise $270 million (£135 million)from an innovative global farming fund, which targets a rate of return of between 12 and 16% through the ownership of farm land.
12:03 Thu 26 Jun 2008 Wealth management problems force Midas into profit warning Midas Capital has issued a profit warning saying that its full year revenue will be 'lower than the previous market expectations'.
14:02 Fri 20 Jun 2008 Bankers Investment Trust dividend up as NAV slides The Bankers Investment Trust reported a rising dividend but falling NAV following a period of turmoil in markets, with shares in the trust dipping around 3% after midday.
10:03 Fri 20 Jun 2008 Impax and FTSE launch broad, global environmental index Impax, the specialist environmental investment company, has joined forces with index company FTSE to launch the FTSE Environmental Opportunities All-Share Index.
10:05 Mon 16 Jun 2008 TEMIT shareholders exit at 4% discount after tender offer Shareholders in Mark Mobius' Templeton Emerging Markets Investment Trust (TEMIT) have agreed a strike price discount for investors eager to exit the trust.
9:03 Thu 12 Jun 2008 Invesco Property Income trust raises borrowing requirements again  The struggling Invesco Property Income trust has agreed a higher borrowing arrangement with its lenders and says it will remain highly geared in what could be the bottom of the commercial property market.
11:01 Mon 9 Jun 2008 SVM's AAA-McLean struggles in downturn Colin McLean, the Citywire AAA-rated manager behind SVM, has offered a frank assessment of difficulties which have held back his UK Activeinvestment trustover the past year.
12:02 Wed 4 Jun 2008 Collins Stewart poaches investment team from Dresdner Kleinwort Independent bank and asset manager Collins Stewart has poached Robbie Robertson and hiswell-respected investment company team from Dresdner Kleinwort.
9:05 Wed 4 Jun 2008 Plackett poaches Throgmorton trust for absolute returns Blackrock's A-rated Richard Placketthas taken the investment mandate for Roger Whiteoak's old investment trust, Throgmorton Trust, with a mandate to turn it into a long-short fund using a process similar to that employed on Blackrock Absolute Alpha.
11:03 Fri 30 May 2008 Ludgate enviro fund invests £4m in food packager Ludgate Environmental Fund (LEF) has invested £4 million inRapid Action Packaging, a company specialising in environmentally responsible packaging.
0:01 Fri 30 May 2008 Martin Currie hires AXA Fram's Regier-Wilson for retail sales drive  Sales manager John Regier-Wilson has quit AXA Framlington for Martin Currie where he will replace Felicity Coulter.
12:04 Thu 29 May 2008 Standard Life faces legacy book woes, JPM warns Standard Life will struggle under the weight of its legacy business as UK sales plummet, according to analysts at JP Morgan.
0:04 Thu 29 May 2008 Investment Trust Insider: Opportunities emerge from the split-cap rubble Fishing for opportunities in the splits sector has been something of a thankless pastime for advisers in the past.
12:00 Wed 28 May 2008 HSBC Infrastructure returns on track after growing dividend HSBC Infrastructure has continued to grow its dividend towards its target 7p in its second year of operation.
8:04 Mon 12 May 2008 Premier to rename Utilities Investment Trust Premier Asset Management is to change the name of its Utilities investment trust in order to betterreflect its asset allocation.
9:03 Fri 2 May 2008 Property price falls will be 'substantial, painful and prolonged' The fund manager of the Foreign & Colonial Investment Trust, Jeremy Tigue, has said there is now 'no chance that a major bank will fail,' - but still expects a big decline in house prices.
9:04 Tue 29 Apr 2008 Witan investment trust picks Artemis' Stuart to run £75 million mandate  Witan has selected Artemis' Derek Stuart(pictured)alongside Marathon Asset Management andParis-basedVarenne Capital Managersto run segregated portfolios for its Witan Investment trust.
10:01 Mon 28 Apr 2008 Merrill Lynch takes on BlackRock name BlackRock Merrill Lynch Investment Managers has completedrationalisation of its fund rangefollowing last year's mergerbetween the two firms.
15:04 Thu 24 Apr 2008 Kate O'Neill resigns from Henderson Global Investors Henderson Global Investors' director of Pan European distribution and hedge funds, Kate O'Neill, has resigned.
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