european ucits see outflows double in September
European Ucits funds saw net outflows more than double from August to September to just short of 50bn, according to the European Fund and Asset Management Association.
European Ucits funds saw net outflows more than double from August to September to just short of 50bn, according to the European Fund and Asset Management Association.
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The exchange-traded funds platform of State Street Global Advisers, SPDR ETFs, has registered a new fixed income product for sale in the UK, the SPDR Barclays Capital 1-3 Year Euro Government Bond.
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Ashcourt Rowan has announced a share placing to raise £8.5m in a bid to cut its cost base and pull the firm back into the black.
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Gayle Schumacher has been promoted within Coutts & Co and is now head of the firms investment office.
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Swiss banking group Syz & Co has announced two new appointments to Syz Fund Research, its fund analysis and long only manager selection service.
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ML Capital Asset Management is to launch two new funds on its MontLake Ucits platform, in a continuation of its strategy to make hedge funds more accessible to retail investors.
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State Street Global Advisors (SSgA) has launched two new fixed income strategies based on alternative-weighted indices that are designed to forecast a company’s financial strength.
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Morningstar has launched its new global fund rating scale, which replaces its previous qualitative ratings and is due to be adopted by OBSR next year.
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Jack McIntyre gives the reasons behind his assertion that the US dollar is in fact the only genuine safe-haven currency.
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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…
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UK inflation fell back last month in a drop that signalled the start of a rapid descent back to target level, according to commentators.
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The FSA has fined discretionary investment management firm McInroy & Wood Limited (MWL) £15,050 for breaching client money rules.
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