Similar claims are being made again now, but it’s tough to believe we’ve hit rock bottom. Just because RBS, Lloyds, Barclays and co’s share prices have fallen off a cliff since the start of the year, that doesn’t mean they can’t fall further still. Yet financials funds and their providers still espouse their sector of…
Aquila Capital has launched a new CTA fund to the UK market, which will offer daily rather than weekly liquidity.
Fund rating and independent research company Rayner Spencer Mills has appointed Stewart Smith as investment research manager.
ETF cynic, Terry Smith, said UBS’ rogue trader has highlighted risks inherent in this rapidly expanding asset class.
Inflows into multi-manger funds are likely to increase post-RDR, but is there a danger IFAs will use them to outsource due diligence?
Investment management firm SCM Private has launched an advisory business to sit alongside its wealth management firm.
Commercial property fund manager Mayfair Capital Investment Management has relaunched two of its funds due to changing structures and mandates.
The FSA has fined the Peterborough-based firm for selling Ucis to investors they were unsuitable for, and hit the firm’s directors with partial bans.
Trader Kweku Adoboli has been held over unauthorised trading at UBS’s investment bank resulting in a loss worth an estimated $2bn (£1.3bn).
Old Mutual Asset Managers have announced the intention to launch a long/short UK Opportunities fund for Simon Murphy.
There is a growing clamour of voices insisting equities are oversold and valuations cheap. But given the continued political paralysis on both sides of the Atlantic, there’s a strong argument to steer clear of stocks.
Obama must be bullish on the US economy, but for American stocks it will be far from plain sailing.
