As asset growth in traditional hedge funds from institutional investors continues to slow, hedge fund managers are pinning their hopes on the power of new products to attract investor assets and drive growth. However, many are underestimating the costs involved and the effect on margins, according to EY’s 2014 global hedge fund and investor survey: Shifting strategies: winning investor assets in a competitive landscape.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7365751-ey-survey-institutional-investors-shifting-allocation-strategies-driving-hedge-funds-towards-new-products/
Samruk Kazyna, Kazakhstan’s sovereign wealth fund managing major strategic state assets with the combined value of close to $100 bn, is overhauling its business strategy, including approaches to investments and to asset management.
New management mechanisms will soon be introduced in all of the Fund’s companies. As early as 2014, business processes reengineering will start in three pilot organizations – diversified transport holding Kazakhstan Temir Zholy, oil and gas company KazMunaiGaz and postal service operator KazPochta.
These measured will result in operating costs reduction of 20% by 2017, and Samruk Kazyna’s economic value added will generate more than $11.2 bn for Kazakhstan’s economy.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/72762559-samruk-kazyna-transformation-forum/
Saxo Bank, the online trading and investment specialist, saw clients’ collateral deposits increase by 26% to DKK 50.6 billion by the end of the year, which is a new all-time high. This is a very positive development as clients’ funds held as collateral are the basis for future trading and investment by clients on the Bank’s platform and also serve as a very clear indication of the customer appeal of Saxo Bank’s global, multi-asset strategy.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/71400511-saxo-bank-profits-grow
Consumers perceive annuities more positively than financial professionals give them credit for, according to The Future of Retirement Income, a new study released by Genworth.
The study, a culmination of in-depth interviews, focus groups and quantitative surveys with financial professionals, annuity owners and non annuity owners, revealed that 68 percent of non annuity owners have a neutral to positive impression of annuities. For annuity owners, it’s even higher: 91 percent neutral to positive. In addition, the majority of annuity owners are satisfied with access to their account, fees and asset growth.
To view Multimedia News Release, go to http://www.multivu.com/mnr/54358-genworth-financial-pros-underestimate-appeal-of-annuities-among-consumers
NALCAB—National Association for Latino Community Asset Builders, today launched a National Fair Housing Media Campaign, to engage and inform African American, Latino, Asian Pacific Islanders and other communities about discriminatory housing practices, their rights under the federal Fair Housing Act, and HUD resources. This cutting-edge media campaign will engage people through a comprehensive national media effort as well as grassroots outreach.
To view Multimedia News Release, go to http://www.multivu.com/mnr/63685-nalcab-launches-campaign-against-housing-discrimination
Behind every great team is a great leader with vision. In an intimate video portrait on saxocycling.com, Lars Seier Christensen, CEO and co-founder of Saxo Bank, the multi-asset online trading and investment specialist, speaks of his ambitions for the company and how he is grateful to be part of something he truly believes in.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/61947-saxo-bank-ceo-cycling-film
Saxo Bank, the multi-asset online trading and investment specialist, is launching an additional film as part of the saxocycling.com project featuring Saxo Bank’s two founders and CEOs. The additional film will run simultaneously with the Bank’s trading competition, Tourdetrading.com, designed to challenge margin traders.
Like the original films, which captured the spirit of Team Saxo-Tinkoff and took two accolades at the 2013 Telly Awards, this exclusive and intimate portrait of co-founder and co-CEO, Kim Fournais, is directed by Jim Piercy and shot by Fredrik Clement. In the film, Kim Fournais tell the story of Saxo Bank and share what is most important to him in his everyday work at Saxo Bank: “For me it boils down to execution, I am rather execution oriented – I want to see things happening.”
To view the Multimedia News Release, go to http://www.multivu.com/mnr/61940-saxo-bank-kim-fournais-film-saxocycling
Summer’s arrival means America’s yards step up as the popular backdrop of family life. More than half (58 percent) of homeowners surveyed in the TruGreen Home Features Report, conducted by the National Association of REALTORS®, named “eating and/or entertaining outside with family or friends” as one of the most common ways they currently use their outdoor space. And if selling a home, a healthy, green lawn can be a value-boosting asset.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60799-trugreen-webisodes-jason-cameron-summer-lawn-care
National Association for Latino Community Asset Builders announced today that they have invested a total of 137 million dollars into predominantly Latino communities that have been hard hit by foreclosures. This effort has successfully restored neighborhoods and stabilized communities in eight states and the District of Columbia.
The initial investment of funds came from a grant from the U.S. Department of Housing and Urban Development and is the largest grant ever targeted by the federal government to predominantly Latino communities.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58956-cplc-nalcab-invest-in-foreclosure-hit-latino-communities-hud-grant
The Frost & Sullivan 2011 Global Entrepreneurial Company of the Year Award in Digital Asset Management has been awarded to ADAM Software in recognition of ADAM’s thought leadership and innovation in the global Digital Asset Management (DAM) market. The award is given to the best-in-class company worldwide chosen amongst all competitors in their market sector, and is based on a stringent analysis of how the companies manage growth, leadership and innovation.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/frostsullivan/51609/
