Wednesday 30 January 2019

Britain proposes tougher and greener code for asset managers

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Britain proposes tougher and greener code for asset managers

Asset managers in Britain should spell out in greater detail how they picked sustainable investments that benefit clients, society and the environment, regulators proposed on Wednesday.

Sometimes movie producers really do start in the mailroom

Actors are widely recognized at events like the Academy Awards, coming up next on Feb. 24, but producers - who work behind the scenes to get movies made - often get blank stares.

Janus Henderson closes Australian equities funds worth $352 million

Fund manager Janus Henderson is closing down its three Australian equities funds due to tough fund-raising conditions, and will return nearly A$490 million ($352.65 million) to investors, a company spokeswoman said on Wednesday.

Goldman Sachs securities division engineering co-head to retire: memo

Goldman Sachs Group Inc said on Tuesday that Konstantin Shakhnovich, co-head of engineering for the U.S. bank's securities division, is retiring, according to a memo seen by Reuters.

Macro trader Adam Fisher exits Soros for second solo act

Adam Fisher, a portfolio manager at Soros Fund Management, is returning to running his own firm less than two years after joining the approximately $25 billion investment firm.

Your Money: How to get 20 percent off your tax bill

Tax filing season for 2018 returns starts this week, and the most complicated changes brought about by the Tax Cut and Jobs Act are still barely comprehensible.

Thoma Bravo raises $12.6 billion for latest private equity fund

Thoma Bravo LLC, a private equity firm specializing in buying technology companies, has raised $12.6 billion for its latest flagship fund, the firm's managing partner, Orlando Bravo, said on Monday, amid strong investor demand for deals in the sector.

Amundi: return to EM, DM credit; but too early for EU equities

Amundi Asset Management, Europe's largest fund manager, has recommended investors restart building exposure to emerging markets and developed market credit, assets which are often considered more risky, after last year's brutal sell-off.

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