Sentences with phrase «as fund manager in»

CAREER He commenced his investment career in 1981 with the Dominion Insurance Company, and subsequently joined Eagle Star as a fund manager in 1987.

He joined in November 1986 as an analyst in the UK team, moving to the US desk as a fund manager in 1988.

Not exact matches

Although the name has changed, it's still the same industry once denoted as «leveraged buyouts» — that is, the business of buying companies with a thin slice of nonpublic equity and mountains of debt, in which fund managers grab richly generous (to themselves) fees.

Blockchain Capital manages $ 250 million across a number of funds, having invested in a number of decentralized crypto exchanges and Bitwise, the crypto asset manager, as well as other companies spanning the crypto market.

A better option, in Hallett's opinion, is an actively managed global bond fund, in which the manager can move in and out of countries as he or she sees fit.

In addition to CB «s Investor 500 stock rankings, investment strategies and stock picks, the book contains insight from top Canadian fund managers, such as BlackRock, TD Asset Management, Fidelity Investments and RBC.

LPs as well as fund managers describe an auction environment in which targets are going for near - record multiples of cash flow.

Once again, this unique meeting will welcome the best - known hedge fund managers, as well as more than 100 of the largest global investors, along with illustrious political and economic commentators, appearing in engaging and insightful panels moderated by II and CNBC editors.

Federation Centres, formerly known as Centro Retail, has sold half stakes in its Mandurah and Halls Head shopping centres as part of a $ 371.4 million deal with property fund manager ISPT.

«Global fund managers see the profit outlook in Japan as favorable amid a strong earnings season,» Shusuke Yamada, chief Japan FX / equity strategist at BoAML, said in a statement.

If companies trading in that market were to be listed on MSCI's index, that would attract more foreign investment to the Chinese firms as fund managers rebalance their portfolios.

Meanwhile, I know of others who have consistently out - earned me, but in paying too much attention to the latest brilliant fund manager or financial wizard, they have not been as effective with their money.

«We will continue to work closely with regulators and others to ensure that, as manager of the Dynamic Funds, we meet all requirements with third - party dealers and dealer representatives,» Gowland said in a statement.

Rob McIver, Jensen Quality Growth Fund portfolio manager, weighs in on the current market environment as the Dow races towards 20K.

Margie Patel, a senior portfolio manager at Wells Fargo Funds, said that she expects to see little to no effect from trade tariffs and has been adding to companies such as PNC Financial Services that have sold off in the market downturn.

Valeant's spectacular returns have attracted high - profile investors like hedge fund manager Bill Ackman, who admiringly described Pearson as an «outsider CEO» in a 2014 note to shareholders.

SHANGHAI, March 21 - Global asset managers are lobbying Beijing to offer tax benefits and other incentives to entice China's aging population to invest in mutual funds for their retirement, as funds eye a multi-trillion dollar opportunity in commercial pensions.

I've got something to prove,» the billionaire told a room full of hedge fund managers and investors at the annual SkyBridge Capital industry conference in Las Vegas, known as SALT.

Importantly, investors must ensure they are putting money with top quartile managers, as the spread between the best and worst funds in these more esoteric strategies is much wider than that for traditional public managers.

Christian Bale instantly pulls you in as Michael Burry, the eccentric neurologist - turned hedge - fund manager who likes to walk around barefoot and play the air drums in his California office.

«In this month's fund holdings update, Consumer Discretionary remained the most crowded sector, as large cap fund managers modestly raised their relative exposure to a five - month high,» strategist Savita Subramanian wrote in a note to clients ThursdaIn this month's fund holdings update, Consumer Discretionary remained the most crowded sector, as large cap fund managers modestly raised their relative exposure to a five - month high,» strategist Savita Subramanian wrote in a note to clients Thursdain a note to clients Thursday.

North Korea has been a factor that has shaken markets recently, and it was cited as the top risk for markets in Bank of America Merrill Lynch's global fund managers survey Tuesday.

NEW YORK, March 6 - Citadel, one of the world's largest hedge fund managers, has cut staff by more than 30 percent in one of its stock - picking units in what several people with direct knowledge of the layoffs described as a surprise move.

«Although we are pleased with these annual results, this relatively short - term performance is far less meaningful than our long - term results as financial markets can move sharply in either direction over shorter time horizons,» CPPIB chief executive Mark Wiseman said Friday as the fund manager released its annual report for the year ended March 31.

Those circumstances include a sense that fund managers have to «adapt or die» when it comes to the digital world as well as the growing complexity of business in general and the impact of artificial intelligence in particular.

So when some 15 years later — as a portfolio manager at one of the most influential activist hedge funds — Cohn launched a hostile bid to acquire Novell, he mentioned the accolade in his letter to the board.

Furthermore, the 1 percent you pay to your money manager doesn't always cover the costs of buying and selling the stocks and bonds in your portfolio or the sales charges (also known as loads) and administrative fees charged by the mutual funds your manager puts you into.

As Carolyn Wilkins, the No. 2 at the Bank of Canada, noted in a speech in London on Sept. 14, Canada's pension - fund managers are highly skilled and they have the scale to ride out short - term volatility.

Hedge fund manager Steve Cohen, Hewlett Packard Enterprise CEO Meg Whitman, and New England Patriots owner Bob Kraft all chose to major in economics as undergraduates, before launching successful careers.

All told, the jump in Treasury yields has yet to make its way into the broader economy in the form of higher borrowing costs, yet it will likely start to dampen the housing and auto markets as consumer loans become more expensive, said Gary Cloud, a portfolio manager of the Hennessy Equity and Income Fund.

But if a union considers investing in your company (either directly or through a private - equity fund), you may experience a due - diligence investigation, as Schoenhoeft did, in which an investment manager reviews your company's benefits package (or intentions to set one up), employee - training programs, and handling of layoffs (if you've ever experienced any).

Certainly, it offers an attractive level for longer - term investors such as pension and insurance funds to lock in a relatively decent yield, and will tempt some portfolio managers to buy bonds rather than equities.

Property developer and fund manager Aspen Group has revealed around $ 95 million in writedowns in its upcoming full - year results, but has reassured investors that its operating profit will only take a small hit as a result.

That means that if Blackrock's fund managers responded as the research suggests, then they would cut back the number of trades by enough so that the non-tax trading costs for their $ 10,000 account would fall by roughly $ 2,300 over the course of a decade or $ 15,000 in the case of its more actively managed European fund.

That makes it a seemingly small adversary, given the battle Herbalife is waging against hedge fund manager Bill Ackman, who has gone so far as to say that Herbalife is a «criminal organization» in his $ 1 billion short bet against it.

How is it possible to put any active manager, not just hedge funds, in one generic box as a «triumph of hope» strategy?»

He also shed his interests in funds run by the private equity giant Blackstone Group — whose chief executive, Stephen A. Schwarzman, is an economic adviser to Mr. Trump — as well as BlackRock, the world's largest asset manager.

That year hedge fund performance suffered as managers were surprised by events like a plunge in oil prices, Brexit and the U.S. election.

The uptrend in US interest rates, wide swings in global currency markets and greater price dispersion across individual securities and asset classes could serve as powerful tailwinds for hedge - fund strategy managers looking to capture alpha.

As older bonds mature, newer bonds are purchased and the portfolio manager of the fund generally tries to keep the average maturity in the range that is stated in the fund's objective.

The fund was established in March, 2001, by Hymas Investment Management Inc. (HIMI), which served as Trustee and Portfolio Manager until November, 2004, but several changes have occurred since then.

It means MLC management could be in front of fund managers telling their story in the not too distant future, as the sale deliberations develop.

In other words, no matter how good the fund, its manager or its securities selection, if Morningstar says it is good, then so much money pours in to the fund that the underlying holdings of the fund can get a short - term boost as the manager puts the new money to worIn other words, no matter how good the fund, its manager or its securities selection, if Morningstar says it is good, then so much money pours in to the fund that the underlying holdings of the fund can get a short - term boost as the manager puts the new money to worin to the fund that the underlying holdings of the fund can get a short - term boost as the manager puts the new money to work.

The Fund has one of the longest «Manager Tenure» as defined by Morningstar among funds in Morningstar's World Allocation category.

I'll admit that complaining about the education taxes aimed at the wealthy — such as the plan to institute an excise tax on endowment fund managers paid in excess of $ 1 million a year — is unsympathetic.

If you think of the job of mutual - fund and hedge - fund managers as «investing in public companies,» then, yes, this sort of wandering looks bad.

Sam Peters, who was said to be Miller's heir apparent when he was promoted to co-manager of the fund last year, will become the sole manager of the $ 2.8 billion fund as well as chief investment officer for Legg Mason Capital Management as a whole, the Baltimore - based company said in a statement released Thursday.

A generation that's been stereotyped as urban, single and aghast at the idea of a car - based life in the suburbs is starting to age, prompting fund managers to bet on companies that should benefit if the U.S. birth rate reverses a six - year slump.

Spencer has over two decades of experience in Silicon Valley, starting as an investment banker and then becoming a venture capitalist, an entrepreneur, a manager of a venture capital fund of funds, and eventually a CFO / COO of venture - backed enterprise SaaS companies.

NEW YORK (Reuters)- Alphabit, a global fund that invests in digital currencies, has been launched with a target of $ 300 million, co-founder Liam Robertson said in an interview, as managers seek to tap growing demand for virtual assets that allow for instant, borderless transactions.