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| Hedge funds shun new European framework |
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| Regime, which is part of AIFMD, is aimed at improving protection for investors in alternative funds, but compliance is difficult and expensive |
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| Lithuania moves to kill off bonus cap |
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| Lithuania has made a surprise move to accelerate Ucits V, raising the likelihood that the directive will not include bonus caps for fund managers |
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| Shale miracle is surprisingly unprofitable |
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| John Dizard examines the US 'shale revolution' and the economics of exploiting unconventional gas reserves |
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| Searching for fund managers' dark past |
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| Chris Newlands asks if a new service offering background checks on asset management staff will prevent fraud, or if it is just a moneymaking idea |
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| Where have all the bond vigilantes gone? |
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| If investors are worried, they have done precious little to put the fear of God into the kindergarten on Capitol Hill, writes John Plender |
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| Var calculation a 'time bomb' |
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| The widespread use of the value at risk methodology could cause a severe market crash, tipping the world into a '1930s-style depression' |
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| Private equity breaks the ice with US retirement plans |
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| Relationships between companies and their auditors are fraught with conflicts of interest or 'poor incentives to tell the truth', academics suggest |
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| BlackRock cuts five from equity desk |
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| The world's largest asset manager is trying to integrate its trading desk with its internal risk system, as part of a wider move to cut costs |
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| Capital gobbles labour's share |
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| Capital may rejoice that labour's decreasing share of economic output is accruing to them, but falling wages have far-reaching negative consequences |
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| Korean fund giant makes European push |
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| The chief investment officer of Mirae, Korea's largest global fund business, believes Asia's taste for luxury is a good investment |