European pension funds are set to increasingly use derivatives in their real estate portfolios as they become more aware of disadvantages to direct property, said Nick Tyrell, director of research at JPMorgan Asset Management's European real estate team.
Mirant's bonds traded up 10 points on an upbeat view of the company's performance post-bankruptcy and speculation it could be an acquisition target.
Independent consultants, a fixture of the defined benefit business but now an increasingly large part of the subadvisory market, are leaning toward recommending small boutique firms for subadvisory mandates.
The South African securitization market is expected to see strong growth in 2006.
Two emerging fund trusts operated by subsidiaries of JPMorgan and F&C Asset Management are talking about merging their forces to produce what reportedly would be one of the largest funds in the sector, Reuters reports.
Clifford Asness, managing and founding principal of AQR Capital Management, believes hedge fund managers should reexamine the way lockup provisions are applied.
Light Green Advisors, a Seattle-based investment advisor to several socially responsible managed accounts portfolios, is planning a registered fund that follows the firm's environmentally sensitive perspective.
RBC Dain Rauscher launched a fee-based non-discretionary managed account program, dubbed RBC Advisor, last month at its annual symposium in St Louis, Minn.
As 2005 enters the fourth quarter, it appears that several subindices of the big hedge fund indices are heading for a boffo finish.