Jul 02, 2009

I didn’t make it over to Monaco this year for Fund Forum, but I was told last week by an early escapee that, while numbers were down, the mood was “business as usual” – something which my interlocutor described as “worrying”. Indeed...

May 26, 2009

Does the recent equities rally constitute the next bull market or is it a false dawn? The answer is far from clear and many managers – BlackRock is an example from today’s post – are taking the opportunity to promote the absolute return funds.

Apr 15, 2009

“Today, enough of talking – it is time now to do,” said Tony Blair upon entering Downing Street in 1997 as the first Labour prime minister in the UK for 18 years. It all seems rather far away and we may argue until the cows (or indeed the Tories) come home about the Blair legacy. No matter, the sentiment expressed is surely valid, and within our own industry it could be applied most usefully to one of Mr Blair’s favourite hobby horses: education.

Apr 09, 2009

The business suit was always incongruous as a symbol of radical protest - but last week things changed. A small but significant number of financial professionals in the besieged City of London ignored HR’s motherly advice to dress casually and instead buttoned down collars and straightened up ties before boarding the morning train.

Feb 25, 2009

The news on Monday 23 February that Citigroup may be quasi-nationalised provides evidence, if any were needed, that the global financial crisis still has plenty of rabbits up its sleeve. To relax would be foolhardy. Stay alert or risk being bitten by one of our buck-toothed friends.

Feb 17, 2009

Ethical and tracker funds have been more successful at holding on to assets in the downturn than other types of funds – at least in the UK. This is according to statistics from the UK Investment Management Association (IMA) released last week.