Jun 16, 2011

FTSE_logoThe FTSE Group has acquired Dow Jones' Indexes share of Industry Classification Benchmark (ICB), a market segmenting tool that was established as a 50-50 joint venture in 2005.

Jun 15, 2011

BarometerThe Association of the Luxembourg Funds Industry (Alfi) says the Foreign Account Tax Compliance Act (Fatca), recently passed by the United States 'could fundamentally change the way funds are distributed'.

Jun 15, 2011

SharesEquities represent the best value against a background of financial uncertainty, according to Psigma Investment Management, a London-based firm, which expects to increase its exposure to this asset class.

Jun 14, 2011

currency banknotes 410Specialist currency manager Record saw a decline in assets under management, fee income and profits for the financial year ending 31 March 2011, a period the firm describes as “challenging and somewhat disappointing”.

Jun 14, 2011

efama_logoRenewed appetite for Ucits equity funds pushed inflows into Ucits funds to €21bn in April, a dramatic turnaround from the €9bn outflows in March, according to the European Fund and Asset Management Association (Efama).

Jun 13, 2011

TaxThe UK Treasury said it will introduce authorised tax-transparent funds via secondary legislation – a move that should allow a better consultation process with the industry.