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09/02/2010 11:45 AM

BRICs - victims of success with global investors?

LONDON (Reuters) - Shares of companies from the world's biggest developing economies are increasingly featuring in global fund portfolios, a possible reason why BRIC markets are underperforming in 2010 compared to emerging market peers.

09/02/2010 11:48 AM

Oil oversupply inspires tactical trade

LONDON (Reuters) - Oil supply is likely to exceed demand for around two years barring any unexpected economic upturn and the best trading strategy is to be short near-term when prices will dip below $70, a London-based fund manager said.

09/02/2010 10:54 AM

Ex-hedge fund manager in SEC insider trading accord

NEW YORK/BOSTON (Reuters) - A former hedge fund manager and a pharmaceutical executive have agreed to settle federal insider trading charges related to the 2007 takeover of biotechnology company MedImmune Inc, the U.S. Securities and Exchange Commission said on Wednesday.

09/01/2010 02:37 PM

GLG's Roman named Man Group chief operating officer

LONDON (Reuters) - British hedge fund company Man Group Plc named GLG head Emmanuel Roman as its chief operating officer on Wednesday, to help Man Group integrate its recent acquisition of the GLG business.

09/01/2010 02:14 PM

Citi creates global family wealth unit

LONDON (Reuters) - Citigroup's private banking arm has set up a global unit to target family offices, organisations that manage the financial affairs of rich dynasties, according to an internal memo seen by Reuters.

09/01/2010 10:10 AM

Hargreaves Lansdown profit up as stock market improves

(Reuters) - Hargreaves Lansdown posted a 22 percent jump in full-year adjusted pretax profit, boosted by a buoyant stock market and new business, and the British investment broker hiked its total dividend by 18 percent.

09/01/2010 02:18 PM

JP Morgan fund keen on China, India, Indonesia

HONG KONG (Reuters) - JP Morgan Asset Management is eyeing China and India's toll road sector, and Indonesia's power and logistics industries, after investing a third of its $860 million (556 million pounds) Asia infrastructure fund, the fund's chief said.

09/01/2010 10:11 AM

3i mulls options for Spanish windfarm firm GES

LONDON (Reuters) - British private equity firm 3i Group Plc said it had hired Citigroup to conduct a "strategic review" of Global Energy Services, the Spanish builder of wind farms it bought four years ago.

09/01/2010 10:06 AM

Funds of hedge funds face up to bleak future

LONDON (Reuters) - Many small European funds of hedge funds could close or be forced into a merger or sale as falling asset bases hit a sector whose reputation is already badly damaged in the eyes of investors and hedge funds alike.

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