NEWS

Dec 05, 2011

Life insuranceCompanies that manage funds of traded life policies are striving to limit the damage from a Financial Services Authority (FSA) statement that says these investments are “toxic” and should not be marketed to UK retail investors.

Dec 05, 2011

IPONikko Asset Management has cancelled its initial public offering (IPO) on the Tokyo Stock Exchange on 15 December because of market volatility.

Dec 05, 2011

Red_cardThe Financial Services Authority in the UK has issued its largest ever retail fine of £10.5 million (€12.2 million) to HSBC because of “inappropriate investment advice” to elderly customers.

Dec 05, 2011

Graph_downThe final week of November saw global and European bond funds post their highest weekly outflows since 2008 as investors continued to spurn European sovereign debt, according to data from analyst firm EPFR.

Dec 02, 2011

multi asset2Investec Asset Management is to launch an emerging market multi-asset strategy aiming to combine specialist debt and equity components into a single fund.

Dec 01, 2011

Mixed-sweetsHalf of the former top quartile of European equity managers have slipped below the median in the past three years, analysis from Fitch Ratings shows.

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