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Oil prices have spiked again after Opec failed to raise output quotas yesterday – can it last?
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The BoE and the European Central Bank have both kept their headline rates of interest on hold.
Marlborough Fund Managers is to launch a UK equity income fund focusing on small and mid-caps.
Assets in underperforming funds have risen by more than £7.5bn to £26bn since December 2010.
Axa Framlington’s Chris St John says strong mid-cap gains are no barrier to further outperformance.
Legal & General Investments is to launch a passive fund investing in climate change themes.
First State Investments has launched a Worldwide Equity Fund via an onshore UK ICVC.
Morgan Stanley has launched a structured product linked to the performance of the FTSE 100.
More fund houses are starting to play on the link between GDP growth and equity markets.
HSBC Global Asset Management has hired Guy Dunham as head of fixed income.
Discretionary firm Gore Browne Investment Management has hired Chris Rogers and Simon Jackson.
Fidelity’s James Griffin says short-termism is leading investors to unfairly shun some sectors.
