Wednesday, 1 April 2015
Last updated 1 min ago
Dec 2 2010 | 6:55pm ET
Ignis Asset Management has tapped a former Royal Bank of Scotland Group executive to lead its newly-combined fund of hedge funds, fund of real estate funds, fund of private equity funds and retail mutli-manager businesses.
Michiel Timmerman was named managing director and chief investment officer of Ignis Advisers, which will oversee £2.4 billion.
"I believe that while Ignis Advisers' current products remain the core of the business, current markets present opportunities to add value to clients by introducing new, specialist products, as well as providing a multi-asset alternatives solution which uses our expertise across hedge funds, private equity, real-estate and long-only," Timmerman said.
Timmerman was most recently chief investment officer of funds of funds at Aberdeen Asset Managements. He joined that firm in January after Aberdeen acquired RBS's fund of funds business, and left in October.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…