Charting the rise of funds from smaller investment houses at a Thames River Capital multimanager seminar this week, co-head Robert Burdett said he believed so-called boutique funds typically outperform funds from larger institutions in volatile market conditions. He said: Boutiques should do better on average in difficult market conditions because they have flexibility, nimble portfolios [...]
Anderson joined the firm as regional sales manager in 2006, becoming head of UK sales and chief executive last year.Maguire says most of the differences are down to crus growth in the African market. The firm launched two sub-Saharan Africa products investing in the agriculture and food produce sectors earlier this year.Maguire, who becomes chairman [...]
The FSA says that a week after announcing its financial results in February, Credit Suisse announced it had identified mismarking and pricing errors by a small number of traders and that it was repricing certain asset-backed securities, leading to a £1.3bn writedown.The regulator says the breaches of its principles related to the pricing of certain [...]
Their appointment follows the resignation of Simon Hull who leaves the role in September to join another Isle of man licensed bank.Nuttall joined the Company in 1999 and later became a director in 2002. He specialises in banking regulation and compliance and will continue to focus on these areas in addition to controlling the finance [...]
US Investigations Services, Inc. (USIS) has announced that it will combine its two government-sector businesses into a new unified business called the Government Services Group (GSG). The GSG will include USIS’ Investigative Services Division (ISD), which is the largest provider of security investigations for the federal government, and the National Security Division (NSD), which is [...]
Attorney General Tom Miller has filed a lawsuit alleging deceptive practices by Profit Alliance, Inc., an eastern Iowa company that engages in nationwide sales of a business opportunity in which the purchaser is to provide tax and expense recovery services primarily to small business clients.
“We allege that Profit Alliance uses numerous deceptions to get business [...]
Microsoft Corp. has made it clear that a deal to buy Yahoo Inc. isn’t likely. Now, Chief Executive Steve Ballmer must communicate a clear strategy for Microsoft’s online business.
His likely first step: try to convince regulators that an alternative pact between Yahoo and Google Inc. is anticompetitive.
During the past month, Mr. Ballmer and other Microsoft [...]
Christiana Virgilio laughs when she starts to list the responsibilities of her occupation.
To start with, she’s a skipper and a navigator. She also is a supervisor, contractor, accountant, administrator and host.
All those tasks are rolled into the San Diego native’s position as captain of the 172-foot, 399-ton private yacht Big Eagle that is currently in [...]
A fundraiser kickball tournament will be held June 27 at Love-Hatbox Sports Complex to raise money for next year’s Junior Achievement program in Muskogee.
The program was brought back to Muskogee Public Schools after an absence of several years, said Milly Daniels, district development manager for Junior Achievement.
The program teaches the principals of business, from applying [...]
The Stoneleigh Hotel & Spa has been named by Fortune magazine as one of the world’s best new hotels for business travelers.
The hotel in Uptown Dallas is one of 33 from around the globe featured in the magazine’s report.
For its list, Fortune selected hotels based on location, decor and amenities tailored to the business traveler. [...]
