fca says banks paid 1pt1bn for swap missselling
Banks nabbed selling miss-selling interest rate hedging products have forked out £1.1bn in compensation, the FCA said.
Investment
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headtohead invesco lat am vs blackrock strategic
With all eyes on Brazil as the World Cup championship heats up, this weeks head-to-head takes on two Latin American funds.
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PA mini World Cup of stock markets
With the biggest sporting event in the world now upon us PA looks at how some of the nations competing match up in a mini tournament based on stock market performance over the past year.....
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Bonds continue to dominate European fund flows
According to the latest numbers from Lipper, bond funds continue to see strong inflows.
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treasury boe and fca roll out market abuse review
Chancellor George Osborne is launching a 12-month review of market abuse targeting the UKs foreign exchange market with tougher rules for criminal offences.
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Is it time to shun UK retail stocks
As Sainbury’s becomes the latest UK retail name to announce falling sales investors may well be asking themselves whether it is a sector to steer clear of all together in the near term.
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Fixed income investors must manage expectation
Invesco Perpetuals co-head of fixed interest, Paul Read, says there is even less value in bonds now than there was at the beginning of the year.
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bell and de bruin take on FandC macro global bond
F&C Asset Management has appointed Steven Bell and Michiel de Bruin to manage the £346.90m Macro Global Bond Fund.
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invesco boosts enhanced income trust team
Invesco Perpetual has promoted Rhys Davies to deputy portfolio manager of its £115.4m Perpetual Enhanced Income Trust.
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Downbeat World Bank could temper EM
Warnings from the World Bank on the level of economic growth and speed of reform in the developing world may make investors think twice about rushing to boost emerging markets allocations.
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Korea Taiwan no longer in running MSCI
According to MSCI the two countries have been removed from the review list for reclassification as developed markets because of an absence of progress on outstanding areas of concern.
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Threat of huge tax liability remains for EU
Specialist insurance broker, Baronsmead, warns that fund managers with significant capital invested in Europe could face significant future tax liabilities.