Your English writing platform
Discover LudwigExact(10)
Aberdeen has a long and successful track record of acquiring rival fund management groups, integrating them and stripping out costs.
Despite her views, rival fund HSBC GIF Russia Equity fund holds Gazprom and Lukoil – both companies with an element of state activity.
Sacha Sadan, director of corporate governance at LGIM, urged rival fund managers to vote at annual meetings and not show their displeasure at boardroom practices by abstaining.
Or the payments that investors are forced to make to financial intermediaries, like stock brokers, exchanges, and rival fund groups, which he says "hardly represent capitalism's finest hour".
A well-known manager of a rival fund reckons that LTCM's losses could have topped $14 billion.The result: much of the fortune that banks lent the fund would have been lost.
New Star is in an unusual position as it is in the process of being acquired by rival fund manager Henderson, which is no doubt encouraging a review of its range of funds.
Similar(50)
But it is probably not enough to make investors in rival funds switch.
CalPERS, which has been an investor in Silver Lake's funds since 1999, has taken stakes in rival funds, among them Apollo and Carlyle.
Unlike rival funds, in which the price of investing is often 2 percent of assets and 20 percent of profits, Cantab charges a 0.5 percent fee and 10 percent of profits for its new fund.
Liquidations by these rival funds, he says, have been prompted by several factors including "redemptions by fund-of-funds" and "voluntary reductions in gearing levels brought on by the recent change in the volatility regime".
Next week Fidelity, which runs a fund supermarket selling rival funds as well as its own funds, and which is the second biggest player in the market after Hargreaves, will unveil its fees.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com