investors ditch mutual funds altogether
European investors sought no shelter for their cash in mutual funds in 2011, with outflows for the year totalling 119bn across equity, bond and money market funds.
News
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vanguard overcomes delays to launch
Vanguard is set to list its first exchange-traded products in Europe following delays with regulators and concerns about market conditions for launch, Portfolio Adviser understands.
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husselbee ready to spend cash on opportunities
John Husselbee is looking to put his cash to work thanks to the positives of the eurozone solvency crisis abating, the US economy growing and a soft landing in China becoming more of a reality.
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investec adds irish acquisition
Investec Bank has agreed a share buy-out and cash deal to acquire Neontar Ltd, owner of a leading Irish wealth management firm.
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barcap offers product aiming for
Barclays Capital has launched a five-year structured product targeting returns of 46.5% without requiring equity growth from the underlying investment.
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blackrocks elliott swaps uk role for emea
Mark Elliott is to move to a new EMEA role within BlackRock as Jeremy Roberts takes over his UK responsibilities.
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renaissance acquires two further
Emerging Europe, Russia and Africa specialist investor Renaissance Asset Managers has acquired two further funds from Griffin Capital Management.
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how healthy is the wealth manager model
Barclays is looking to expand its business in the sector, Brewin Dolphin has beefed up its London office, and Quilter has pledged not to make any job cuts or office closures. From where we’re sitting it all sounds fairly positive in the world of wealth management.
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Brewin Dolphin makes cuts in
Brewin Dolphin has laid off five people from its Aberdeen office just days after announcing four senior hires for its London premises and following the opening of a new office in Bristol.
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Morgan Stanley reissues most
Morgan Stanley has launched new issues of its FTSE Booster and FTSE Protected Growth Plans, making the latter its longest-ever running plan, now its 46th tranche.
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energy reforms positive for nigerian growth
Charles Robertson looks at three key energy reforms that, alongside increased bank lending, will push Nigerian GDP growth into double digits in 2012.
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aviva expands and relabels multi-asset fund range
Aviva Investors has announced the launch of two new multi-asset funds, adding to its existing range of three amid a move to rebrand them.
