Investment

DOZENS of fund managers are poised to leave major investment houses and set up their own boutiques, Resolution Asset Management believes.

Donny Hay Director, UK institutional business development Martin Currie Investment Management Ha...

AXA INVESTMENT Managers has released its 2006 results and revealed a rise in assets under management to €485bn (£330bn) and revenues of €1.18bn (£802m).

ASSETS under management at Franklin Templeton Investments rose by 16.5pc to $564.7bn (£291.35bn) during 2006, preliminary results reveal.

MELLON Group has roundly beaten its new partner the Bank of New York in consultant R&M's latest global custody survey.

Falls in global stock markets that wiped billions of pounds off scheme assets were the result of "an overdue correction", fund managers claim.

HgCapital Trust has announced preliminary results for the year ended December 31 - revealing an increase in net asset value of 20pc to £187m.

GOLDMAN SACHS has reported a 28pc slide in first quarter revenues in its asset management division.

THE LOCAL Authority Pension Fund Forum has released a guide on assessing investment manager engagement with companies over labour standards in China.

STATE Street Global Advisors has launched a "130/30" fund for UK institutional investors.