FTfm: Asset management: barbell theory, Hedge funds profit...

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/BLH300/EK05D7/HD9NJG6/PRAK1O/   FTfm Wednesday August 07 2013 Financial Times - FTfm   Asset management: barbell theory Asset management, so the long-held theory goes, is dividing into winners and losers. How inconvenient, then, that reality is not playing ball http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/JQ7QGX/9A/h?a1=2013&a2=8&a3=7   Hedge funds profit from return of M&A Event arbitrage strategies have outperformed all other hedge fund trading styles so far this year, proving they are finally bearing fruit, say traders http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/1O3OY3/9A/h?a1=2013&a2=8&a3=7   Carlyle Group swings back into profit The company has raised over $10bn so far for its newest big US buyout fund, which it plans to cap at $12bn by the end of the year http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/1O3OYU/9A/h?a1=2013&a2=8&a3=7   TPG looks for more time to spend key fund It is hoping to convince investors to extend the investment period by offering to waive millions of dollars of management fees and other charges http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/HIAIHV/9A/h?a1=2013&a2=8&a3=7   ETFs rebound in July as investors return The ETF industry rebounded strongly in July as investors pushed the US stock market to an all-time high http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/GY2YT0/9A/h?a1=2013&a2=8&a3=7   Lloyds racks up top-three pension deficit Bank's defined benefit liabilities swell to £31.3bn while UK schemes overall are slightly less well funded despite record contributions last year http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/87B7R6/9A/h?a1=2013&a2=8&a3=7   Sony rebuffs Loeb's push for spin-off Daniel Loeb has spent $1.1bn building a stake of about 7% in Sony and has proposed a partial spin-off of up to 20% of the entertainment division http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/OFXFC2/9A/h?a1=2013&a2=8&a3=7   L&G plans to increase payouts to investors Legal & General says investors can expect fresh rises in dividends as the group increases the proportion of earnings it distributes to shareholders http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/XBJBWI/9A/h?a1=2013&a2=8&a3=7   Hub International to be sold for $4.4bn Hellman & Friedman has agreed to the biggest ever takeover in the insurance broking industry to further build upon expanding its geographic footprint http://link.ft.com/r/BLH300/RP5UME/RN7YTC/VT1ISE/XBJBWE/9A/h?a1=2013&a2=8&a3=7   Exchange Traded Funds Wall Street retreats for third day Schwab rolling out suite of money fund-like ETFs High yield ETFs survive 'stress test' Insurance assets opening up to ETFs Physical ETFs crowding out synthetics Video FTfm Goldman - going it alone in Europe Goldman Sachs Asset Management has increased its already overweight exposure to the eurozone - something of a lone move among asset management companies. Eddie Perkin, chief investment officer of international equities at Goldman Sachs Asset Management, explains to FTfm editor Chris Newlands why the group is so optimistic over Europe. 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..