News

Oct 10, 2016

A senior analyst at Hargreaves Lansdown has said passing on running costs to investors has become standardised across the funds industry, comparing the practice to a business charging customers for its own phone bills.

Oct 10, 2016

M&G Investments, the asset management arm of Prudential, is to establish a Luxembourg-based Sicav fund range for European retail investors.

Oct 10, 2016

Franklin Templeton Investments has launched a global currency fund aiming to perform in all market conditions, managed by Templeton global macro group’s Sonal Desai and Michael Hasenstab.

Oct 07, 2016

UK-based exchange-traded fund provider Source ETF is being sold by its private equity owner, Warburg Pincus, sources have confirmed.

Oct 07, 2016

The board of directors of Six Group, which operates the Swiss stock exchange, has appointed Daniel Schmucki as its chief financial officer (CFO) and member of its group executive board.

Oct 07, 2016

UK-based hedge fund Marshall Wace has increased its short position on beleaguered German bank Commerzbank as the financial institution announced job cuts of around 10,000.

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