eFinancialCareers

Sovereign wealth funds' investments in international markets have so far yielded some big losses, but this hasn’t dented their appetite for overseas investments or, it seems, for recruiting international expertise. Dubai International Capital recently made two senior hires (after sacking seven of its investment staff), and Abu-Dhabi Investment Company (ADIC) also took on two senior staff, including former Fidelity chief financial officer, Chris Coombes. ADIC tells us it’s in expansion... Read more

Financial News has produced its annual list of the top 100 women in finance and, as usual, it contains a disproportionately high number of women working in asset management. While fund management is home to power women like Katherine Garrett-Cox and Helena Morrissey, sectors like hedge funds and private banking are relatively bereft of female role models. Surprisingly perhaps, private equity ranks second as a location for... Read more

For a long time, the buyside was relatively immune to the tribulations of the banking sector. As of last week, that’s categorically not the case. With more than $25 trillion wiped off global equities in 2008, fund management fees are diminishing along with their assets under management. UK fund managers are likely to be particularly impacted by the equities rout – according to Mercer, around 60% of their assets are... Read more