Funds

Man Group sees net inflow from private investors Friday, 10 Jul 2009

LONDON (Reuters) - Man Group , the world's biggest listed hedge fund firm, reported a rise in sales to private investors and said it expects to return to overall net client inflows in its second half, boosting its shares. Full Article

HSBC funds of funds eye emerging markets Friday, 10 Jul 2009

LONDON (Reuters) - Emerging markets will provide the best return for equity investors in the long term, says the manager of two HSBC funds of funds, who is overweight in the category. Full Article

M&G sees rapid second close for midcap loan fund Friday, 10 Jul 2009

LONDON (Reuters) - M&G, the asset management arm of Prudential , is planning a second closing within two months for a fund making loans to smaller companies, after a first fund raising pulled in over 1 billion pounds. Full Article

Dollar's Tinkerbell moment

Repeat after me: "I believe in a strong dollar as the primary global reserve currency, I believe in a strong dollar as the primary global reserve currency." Commentary

More Funds News

Ageing Japan still a good investment Thursday, 9 Jul 2009

TOKYO (Reuters) - Has the sun set on Japan as the rest of Asia becomes the sole source of growth in the global economy? Full Article

Charlemagne assets rise 28 percent Thursday, 9 Jul 2009

LONDON (Reuters) - Fund house Charlemagne Capital, which focuses entirely on emerging markets, said on Thursday that assets under management had risen by 28.2 percent in the second quarter to $2.4 billion at end-June. Full Article

UBS fired by Church pension scheme Thursday, 9 Jul 2009

LONDON (Reuters) - The Church of England Pensions Board said on Wednesday it has fired UBS as its global equities fund manager and brought in Allianz unit RCM in its place. Full Article

Funds of hedge funds see first net inflows for a year Thursday, 9 Jul 2009

LONDON (Reuters) - Funds of hedge funds are beginning to see net client inflows again after a tough period of redemptions and concerns over the Madoff fraud, S&P Fund Services' director of fund research told Reuters. Full Article

Lo's lab offers lessons for investors Thursday, 9 Jul 2009

LONDON (Reuters) - Hedge fund manager Andrew Lo has spent the better part of his career applying complex financial theory to the real world but, coming from a family of scientists, says he was the black sheep for choosing economics. Full Article

Mobius sees $1 billion Turkey investment Thursday, 9 Jul 2009

ISTANBUL (Reuters) - Templeton Asset Management's veteran fund manager Mark Mobius said on Wednesday it envisaged investing $1 billion in Turkey in the next two to three years. Full Article

Government makes life more expensive for banks Thursday, 9 Jul 2009

LONDON (Reuters) - The government unveiled a blueprint on Wednesday aimed to prevent a re-run of the credit crunch that forced it to bail out banks with billions of pounds of taxpayers' money. Full Article