NEWS

Dec 03, 2012

US congressThe fiscal cliff of tax rises and spending cuts that threatens recession in the United States will be softened by compromises to extend or delay fiscal tightening, say fund managers.

Dec 03, 2012

Graph downA 41% fall in net fund sales to £2 billion (€2.5 billion) in the third quarter highlighted an overall slowdown in fund sales activity in the UK, according to Fundscape and Matrix Solutions.

Dec 03, 2012

Handshake 3The fiduciary management market in the UK is growing at a double-digit pace, says a survey by KPMG, with the full delegation market recording growth rates of 40% year-on-year.

Nov 30, 2012

ParisRussell has changed the status of its Paris division to make it an independent management company, operating under the name Russell Investments France, as the firm seeks to expand in the country.

Nov 30, 2012

IndexThe Russell Canada index returned 9.3% since October 4, 2007, the date Mark Carney became governor of the Bank of Canada, while the Russell UK index was down 6%.

Nov 29, 2012

Bank of EnglandMark Carney, newly appointed as the next governor of the Bank of England (BoE), will continue to be tough on banks like his predecessor Mervyn King, it is expected.

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