The IMF has released its inaugural assessment of China’s financial sector, which praised the “remarkable progress” the country has made toward a more “commercially-oriented and financially sound system”. Not at all patronising then…
UK inflation fell back last month in a drop that signalled the start of a rapid descent back to target level, according to commentators.
The FSA has fined discretionary investment management firm McInroy & Wood Limited (MWL) £15,050 for breaching client money rules.
Swiss & Global is planning to launch a new range of “Smart” ETFs in the New Year which will be actively managed despite an industry-wide lack of conviction for such products.
Ryan Smith explains some of the problems behind investing in more renewables and puts the case for international agreement on climate change as the catalyst for future demand.
Specialist fixed income boutique Glendevon King Asset Management has launched a Norwegian krone class in its new Global Bond Fund II, offering investors access to the safe haven growth story of the currency.
Swiss banking group Syz & Co has expanded its Luxembourg-domiciled Sicav range with the launch of the Oyster Global High Yield Fixed Income Fund.
Morningstar has revised the methodology for its closed-end fund ratings in the UK, in a bid to enable easier comparison with Oeics ahead of RDR.
Rathbone Unit Trust Management is considering launching another multi-asset portfolio for David Coombs, head of multi-manager investments at the boutique fund manager.
GLG Partners has launched a Strategic Bond Fund for Cristophe Akel, with the unrestricted ability to invest across the credit and duration spectrums.
Anthony Bolton called markets over the past few months the most “brutal” he could remember, as he sought to justify a 29% fall in the NAV of his investment trust in the first half of the year.
Neil Williams questions the Bank of England’s attitude towards quantitative easing, arguing it may be keeping yields down but will do nothing to promote economic growth.
