Montello granted full regulatory status
Montello has received full regulatory status from the Financial Conduct Authority as a UK fund manager.
Author: Portfolio Adviser
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UCITS sales slide
Sales of UCITS dropped sharply by Euro17bn (£13bn, $20bn) in November, despite a surge in the sale of European long term funds throughout the month.
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ESMA aims for improved investor protection
ESMA has introduced a wave of additional investor protection measures in its final technical advice on the implementation of the Markets in Financial Instruments Directive II (MiFID II).
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Alken reverses European equity soft closures
Alken Asset Management will lift subscription restrictions on its European Opportunities and Absolute Return Europe funds on 3 November.
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Argentina contagion unlikely Fidelity says
Contagion stemming from Argentinas second default on its national debt to other sovereign issuers is unlikely, according to Fidelity Investments.