(BBAY.L) BlueBay Asset Management PLC Buy/Sell

RNS Number : 4960G BlueBay Asset Management PLC 01 February 2010

BlueBay Asset Management plc

Block Listing of Shares

Application has been made to the UK Listing Authority and the London Stock Exchange for a block listing of 3,800,000 ordinary shares of 0.1p each in BlueBay Asset Management plc ("Ordinary Shares"). These Ordinary Shares are being admitted to trading on the London Stock Exchange and are to be admitted to the Official List upon allotment pursuant to the Company's obligations under the unapproved option scheme. Participants in that scheme have or will become entitled to these shares following exercise in the case of share options. These shares will rank equally with the existing issued Ordinary Shares. It is expected that admission will become effective on 2 February 2010.

This information is provided by RNS The company news service from the London Stock Exchange

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RNS Number : 8891F BlueBay Asset Management PLC 21 January 2010

SECOND QUARTER TRADING STATEMENT

BlueBay Asset Management plc ("BlueBay") announces its trading statement for the second fiscal quarter to 31 December 2009.

At 31 December 2009, BlueBay's estimated assets under management amounted to US$34.3 billion, a 10.4% (US$3.2 billion) increase since 30 September 2009, when the reported assets under management were US$31.1 billion. The increase in assets under management for the quarter can be broken down into net subscriptions of US$3.1 billion, net market appreciation of US$0.6 billion and a foreign exchange translation loss of US$0.5 billion resulting from the translation of mainly Euro denominated assets into US Dollars.

The breakdown of assets under management at 31 December 2009 compared to 30 September 2009 is as follows:

Strategy AuM at Movement for three months to AuM at Movement for three
31 December 2009 31 December 2009 30 September 2009 months to 31
December 2009
Net subscriptions/ Net market Exchange rate Growth/ (decline)
(redemptions) appreciation movement
US$ billions US$ billions US$ billions US$ billions US$ billions %
Investment grade 19.8 2.8 0.6 (0.4) 16.8 17.6
High yield 6.0 (0.3) 0.2 (0.1) 6.2 (3.1)
Emerging markets 5.3 0.5 - - 4.8 11.0
Convertibles 0.3 - - - 0.3 13.0
Distressed debt 1.8 - (0.2) - 2.0 (10.6)
Multi-strategy 1.1 0.1 - - 1.0 10.6
TOTAL 34.3 3.1 0.6 (0.5) 31.1 10.4

Note: Estimated AuMs rounded to nearest US$0.1 bn. Growth percentages based on actual AuM.

Performance fees, accrued during the second quarter of the financial year 2010 on funds and segregated accounts where performance fees crystallise on or before 31 December 2009, are estimated to be £5.7 million, bringing the estimated performance fees accrued on the same basis for the six month period to 31 December 2009 to £20.1 million.

Commenting on the trading statement, Hugh Willis, BlueBay's Chief Executive Officer said:

"The second quarter of the financial year has been similar to the first: characterised by robust asset inflows and strong investment performance from BlueBay's fund platform. The two quarters combined have made for a successful start to the financial year for the firm; with net inflows of US$6.8 billion achieved over the six months to 31 December 2009. Assets under management rose 10.4% during the second quarter to US$34.3 billion; with flows continuing to be concentrated in investment grade credit. Performance fees of £5.7 million were earned during the quarter bringing fiscal year to date performance fees earned to £20.1 million. The period also saw the launch of two new long-only funds: the BlueBay Global Diversified Corporate Bond Fund and the BlueBay High Yield Corporate Bond Fund; and two new alternative funds: the BlueBay Macro Fund and the BlueBay European Distressed Opportunities Fund.

Calendar 2009 was the year in which investors began to return to credit markets after the difficult market conditions of 2008 and were handsomely rewarded for doing so. Calendar 2010 is likely to see a continuation of this development, but with (we expect) two important differences. First, investment demand should begin to spread from investment grade products to the broader asset class of credit; generating demand for BlueBay's high yield, emerging market, convertible bond, multi-strategy and distressed debt funds. Secondly, investment returns from credit markets overall, while remaining attractive, are likely to normalize; with coupon receipt and alpha generation becoming the dominant drivers of returns.

We look forward to the new calendar year with optimism. It will bring challenges: an uncertain macroeconomic outlook will require constant monitoring; and accurate credit selection will be at a premium. BlueBay's specialist credit franchise - characterised by a broad range of actively managed funds - should, however, be very well placed for such an environment. We are confident that we will, as a result, continue to be successful in taking advantage of the opportunities presented by a new credit cycle that remains in its relatively early stages; to the benefit of clients and shareholders alike."

BlueBay will announce its Interim Results in respect of the six months ended 31 December 2009 at 0700 hours on Friday 19 February 2010.

For further information please contact:

BlueBay Asset Management plc 020 7389 3700

Hugh Willis, CEO

Nick Williams, CFO

Alex Khein, COO

Brunswick Group LLP 020 7404 5959

Nigel Prideaux/Helen Barnes

Notes to Editors:

Information on BlueBay

Founded in 2001, BlueBay Asset Management plc provides investment management services primarily to institutions and manages a combination of long-only and alternative products across the sub-asset classes of investment grade corporate debt, high yield corporate debt, emerging market debt, convertible bonds, distressed debt and multi-strategy debt products. BlueBay also manages a number of segregated mandates on behalf of large institutional clients globally.

Based in London with offices in the USA and Japan, BlueBay Asset Management plc is one of the largest independent managers of fixed income debt funds and products in Europe with approximately US$34.3 billion of assets under management (as at end December 2009).

BlueBay's overall aim is to provide a broad range of credit products to modern institutional investors which offer attractive risk-adjusted returns. Listed on the London Stock Exchange in November 2006, BlueBay is a constituent of the FTSE 250.

This information is provided by RNS The company news service from the London Stock Exchange

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RNS Number : 8891F BlueBay Asset Management PLC 21 January 2010

SECOND QUARTER TRADING STATEMENT

BlueBay Asset Management plc ("BlueBay") announces its trading statement for the second fiscal quarter to 31 December 2009.

At 31 December 2009, BlueBay's estimated assets under management amounted to US$34.3 billion, a 10.4% (US$3.2 billion) increase since 30 September 2009, when the reported assets under management were US$31.1 billion. The increase in assets under management for the quarter can be broken down into net subscriptions of US$3.1 billion, net market appreciation of US$0.6 billion and a foreign exchange translation loss of US$0.5 billion resulting from the translation of mainly Euro denominated assets into US Dollars.

The breakdown of assets under management at 31 December 2009 compared to 30 September 2009 is as follows:

Strategy AuM at Movement for three months to AuM at Movement for three
31 December 2009 31 December 2009 30 September 2009 months to 31
December 2009
Net subscriptions/ Net market Exchange rate Growth/ (decline)
(redemptions) appreciation movement
US$ billions US$ billions US$ billions US$ billions US$ billions %
Investment grade 19.8 2.8 0.6 (0.4) 16.8 17.6
High yield 6.0 (0.3) 0.2 (0.1) 6.2 (3.1)
Emerging markets 5.3 0.5 - - 4.8 11.0
Convertibles 0.3 - - - 0.3 13.0
Distressed debt 1.8 - (0.2) - 2.0 (10.6)
Multi-strategy 1.1 0.1 - - 1.0 10.6
TOTAL 34.3 3.1 0.6 (0.5) 31.1 10.4

Note: Estimated AuMs rounded to nearest US$0.1 bn. Growth percentages based on actual AuM.

Performance fees, accrued during the second quarter of the financial year 2010 on funds and segregated accounts where performance fees crystallise on or before 31 December 2009, are estimated to be £5.7 million, bringing the estimated performance fees accrued on the same basis for the six month period to 31 December 2009 to £20.1 million.

Commenting on the trading statement, Hugh Willis, BlueBay's Chief Executive Officer said:

"The second quarter of the financial year has been similar to the first: characterised by robust asset inflows and strong investment performance from BlueBay's fund platform. The two quarters combined have made for a successful start to the financial year for the firm; with net inflows of US$6.8 billion achieved over the six months to 31 December 2009. Assets under management rose 10.4% during the second quarter to US$34.3 billion; with flows continuing to be concentrated in investment grade credit. Performance fees of £5.7 million were earned during the quarter bringing fiscal year to date performance fees earned to £20.1 million. The period also saw the launch of two new long-only funds: the BlueBay Global Diversified Corporate Bond Fund and the BlueBay High Yield Corporate Bond Fund; and two new alternative funds: the BlueBay Macro Fund and the BlueBay European Distressed Opportunities Fund.

Calendar 2009 was the year in which investors began to return to credit markets after the difficult market conditions of 2008 and were handsomely rewarded for doing so. Calendar 2010 is likely to see a continuation of this development, but with (we expect) two important differences. First, investment demand should begin to spread from investment grade products to the broader asset class of credit; generating demand for BlueBay's high yield, emerging market, convertible bond, multi-strategy and distressed debt funds. Secondly, investment returns from credit markets overall, while remaining attractive, are likely to normalize; with coupon receipt and alpha generation becoming the dominant drivers of returns.

We look forward to the new calendar year with optimism. It will bring challenges: an uncertain macroeconomic outlook will require constant monitoring; and accurate credit selection will be at a premium. BlueBay's specialist credit franchise - characterised by a broad range of actively managed funds - should, however, be very well placed for such an environment. We are confident that we will, as a result, continue to be successful in taking advantage of the opportunities presented by a new credit cycle that remains in its relatively early stages; to the benefit of clients and shareholders alike."

BlueBay will announce its Interim Results in respect of the six months ended 31 December 2009 at 0700 hours on Friday 19 February 2010.

For further information please contact:

BlueBay Asset Management plc 020 7389 3700

Hugh Willis, CEO

Nick Williams, CFO

Alex Khein, COO

Brunswick Group LLP 020 7404 5959

Nigel Prideaux/Helen Barnes

Notes to Editors:

Information on BlueBay

Founded in 2001, BlueBay Asset Management plc provides investment management services primarily to institutions and manages a combination of long-only and alternative products across the sub-asset classes of investment grade corporate debt, high yield corporate debt, emerging market debt, convertible bonds, distressed debt and multi-strategy debt products. BlueBay also manages a number of segregated mandates on behalf of large institutional clients globally.

Based in London with offices in the USA and Japan, BlueBay Asset Management plc is one of the largest independent managers of fixed income debt funds and products in Europe with approximately US$34.3 billion of assets under management (as at end December 2009).

BlueBay's overall aim is to provide a broad range of credit products to modern institutional investors which offer attractive risk-adjusted returns. Listed on the London Stock Exchange in November 2006, BlueBay is a constituent of the FTSE 250.

This information is provided by RNS The company news service from the London Stock Exchange

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RNS Number : 7226F BlueBay Asset Management PLC 18 January 2010

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer BlueBay Asset Management plc

of existing shares to which voting rights are attached: 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights
Yes

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached No

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments No

An event changing the breakdown of voting rights
No

Other (please specify): 3. Full name of person(s) subject to the
notification obligation: AEGON UK Group of Companies

4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction and date on
which the threshold is crossed or 15th January 2010

reached: 6. Date on which issuer notified:
18th January 2010

7. Threshold(s) that is/are crossed or
reached: 5-4%

8. Notified details: A: Voting rights attached to shares
Class/type of Situation previous Resulting situation after the triggering transaction
shares to the triggering
transaction

if possible using the ISIN CODE
Number Number Number Number of voting % of voting rights
of of of shares rights
Shares Voting
Rights
Direct Direct Indirect Direct Indirect
GB00B1G52761 9,777,159 9,777,159 8,777,159 7,771,986 1,005,173 3.99 0.52

B: Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion Period rights that may be rights
acquired if the
instrument is
exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction
Type of financial Exercise price Expiration date Exercise/ Number of voting rights instrument refers to % of voting rights
instrument Conversion period
Nominal Delta

Total (A+B+C)
Number of voting rights Percentage of voting rights
8,777,159 4.51%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

AEGON UK Group of companies - parent undertaking of: AEGON Asset Management UK plc AEGON Investment Management UK Ltd

Proxy Voting:
10. Name of the proxy holder: AEGON UK Group of Companies
11. Number of voting rights proxy holder will cease 1,000,000

to hold:
12. Date on which proxy holder will cease to hold 20/1/10

voting rights:

13. Additional information: AEGON UK Group of Companies consists of:
AEGON Asset Management UK plc
AEGON Investment Management UK ltd

14. Contact name: James Brace at BlueBay
15. Contact telephone number: 020 7389 3700

This information is provided by RNS The company news service from the London Stock Exchange

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