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.
Author: Portfolio Adviser
-
-
spdr etfs offers euro fixed income product to UK
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.
-
ashcourt rowan in cash call as it reports losses
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.
-
coutts names new head of investment office
Gayle Schumacher has been promoted within Coutts & Co and is now head of the firms investment office.
-
syz expands its fund research team
Swiss banking group Syz & Co has announced two new appointments to Syz Fund Research, its fund analysis and long only manager selection service.
-
ml capital to expand ucits compliant hedge funds
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.
-
ssga launches two fixed income strategies
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.
-
morningstar launches new rating scale
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.
-
us dollar now the sole safe haven currency
Jack McIntyre gives the reasons behind his assertion that the US dollar is in fact the only genuine safe-haven currency.
-
pa analysis why should china listen to imf
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 begins its rapid descent
UK inflation fell back last month in a drop that signalled the start of a rapid descent back to target level, according to commentators.
-
fsa fines mcinroy and wood for client money breach
The FSA has fined discretionary investment management firm McInroy & Wood Limited (MWL) £15,050 for breaching client money rules.