NEWS

May 11, 2012

GavelThe Financial Services Authority (FSA) in the UK has fined Martin Currie £3.5 million (€4.4 million) for failing to manage a conflict of interest between two of its clients.

May 11, 2012

Mixed-chartEuropean funds gained net inflows of €87.4 billion in the first three months of the year – the best first quarter for flows since 2007, according to data from Lipper.

May 10, 2012

EurozoneMany European asset managers that invest in fixed income do not believe that recent policy efforts to solve the eurozone crisis will work.

May 10, 2012

ConnectingFinancial data company Markit has acquired Cadis, which provides enterprise data management, for undisclosed terms.

May 09, 2012

ETFiShares believes the eurozone crisis is no cause for investors to go without instruments to access sovereign debt in specific European countries, having launched eight single-country exchange-traded bond funds.

May 09, 2012

Safety_in_numbersUK independent financial advisers (IFAs) are herding around the best-selling funds, research shows.

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