NEWS

Nov 14, 2011

14.10 HandshakeSkandia is consolidating its fund ranges under a common administration platform provided by Citi in an effort to increase efficiency and ensure regulatory compliance.

Nov 14, 2011

Japanese womenJapan's economy rebounded with strong growth in the third quarter after three quarters of decline, evidence that the country is recovering from damage inflicted by the earthquake and tsunami that hit in March.

Nov 14, 2011

Mixed-chartThe eurozone debt saga saw over $11 billion (€7.9 billion) flow into US equity and bond funds during the week ending November 9.

Nov 14, 2011

GlobalisationPimco, famous for its fixed income business, has launched the Pimco GIS Credit Absolute Return Fund targeted at “investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark”.

Nov 11, 2011

Europe_mapA survey of 120 intermediary clients of the UK fund management firm Schroders revealed that 81% believe that the euro will not collapse despite current problems in the Eurozone.

Nov 11, 2011

AlarmbellPoliticians are expressing dismay at the power wielded by ratings agencies after Standard & Poor's (S&P) mistakenly downgraded French government bonds in an email alert sent to some subscribers.

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