FTfm: Hester to step down as RBS chief, Lyxor hit by chair...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/6NPSBB/MJAD05/V1GC6WK/72FH4Q/   FTfm Wednesday June 12 2013 Financial Times - FTfm   Hester to step down as RBS chief Standard Chartered finance chief Richard Meddings said to be among those indirectly approached as a successor http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/VTD3NY/LE/h?a1=2013&a2=6&a3=12   Lyxor hit by chairman's departure The asset manager has been rocked by the departure of two more senior executives, including Alain Dubois, the chairman, who joins MSCI http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/K9VDKC/LE/h?a1=2013&a2=6&a3=12   Record improvement in UK pension funds Rising bond yields have led to the biggest-ever one month improvement in the fortunes of the nation's pension schemes thanks to a sharp fall in liabilities http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/MJAIYA/LE/h?a1=2013&a2=6&a3=12   Dimon pledges to fight 'whale' suits Return to more combative style after JPMorgan chief received resounding vote of confidence from shareholders at annual meeting last month http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/IE0XWB/LE/h?a1=2013&a2=6&a3=12   NYSE Euronext has ETF plan approved US regulators have approved plans by NYSE Euronext to pay market makers to improve the liquidity of the ETF market http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/1OSHTW/LE/h?a1=2013&a2=6&a3=12   EM assets hit in fierce market sell-off As yield on benchmark 10-year Treasury touched highest level in 14 months, Indian rupee hit record against US dollar and the rand its lowest in four years http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/XBIUPM/LE/h?a1=2013&a2=6&a3=12   Hedge funds battered in quant arms race Trend-following strategies – which have historically been at the core of what firms such as Man, Winton Capital, Cantab or BlueCrest Capital do – have sputtered http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/VTD3NC/LE/h?a1=2013&a2=6&a3=12   Messy bond cocktail stirs talk of reset Returns for every major sector of the bond market have been negative since the end of April and investors have started pulling money from bond funds http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/WHYP3M/LE/h?a1=2013&a2=6&a3=12   Goldman uncorks grand cru as collateral The private bank of Goldman Sachs has snapped up an unusually liquid set of assets as collateral for a loan – almost 15,000 bottles of fine wine http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/52N68J/LE/h?a1=2013&a2=6&a3=12   German heavyweights clash over euro plan Constitutional court hearings are regarded as a barometer of German sentiment about eurozone crisis measures in run-up to September election http://link.ft.com/r/6NPSBB/YGXGQE/YHDR05/FK4YDO/K9VDK1/LE/h?a1=2013&a2=6&a3=12   Exchange Traded Funds Equity rebound runs out of steam UAE and Qatar gain upgrade to EM status Robust dim sum bond market ripe for ETFs: iShares Deutsche rules out M&A at fund unit Video FTfm Lag in UK infrastructure investment Deborah Zurkow, chief investment officer of infrastructure debt at Alliance Global Investors, tells FTfm why investors in the UK seem to lag behind Canada, Australia and continental Europe in their hunt for stronger returns in asset classes. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..