Investors need to ensure they make what is a very clear distinction between the US mortgage crisis and the European sovereign debt crisis rather than lumping them both together under a ‘global financial crisis’ heading.
BlackRock has confirmed Jeff Morton, head of investment on its UK Property Fund, has left the firm to pursue other opportunities.
EEA Fund Management has called on the FSA to retract its statement naming traded life policy investments (TLPIs) “toxic”, and has asked the watchdog to clarify which funds in the sector it believes to be “Ponzi schemes”.
Aberdeen Asset Management has appointed Peter Elston to the newly-created role of head of Asia Pacific strategy & asset allocation.
Bill Dinning explains why he doubts there will be any widescale structural reform to the eurozone though we are in for a long, drawn-out unravelling of the debt structure we currently have.
Standard Life has expanded its MyFolio range with the launch of two new fund suites – Multi-Manager Income and Managed Income.
Threadneedle Investments has launched a European absolute return strategy for manager Paul Doyle.
Man Group’s results for the last nine months of 2011 show net outflows and negative investment performance combine to force assets under management down by more than $10bn.
Natixis-owned Ossiam announced today it has teamed with FTSE Group to launch a minimum variance-based ETF using a specially designed index.
The FSA is now closed… to responses on its consultation paper dealing with legacy assets and their treatment after the RDR rules come into effect. But we have not heard the end of it, not by a long shot.
The IMA has called the FSA’s guidelines on legacy commission post-RDR “unclear and incomplete” and warned they could result in increased costs for investors.
The global ETP industry captured $142bn in net new assets in the year to November, while mutual funds suffered $29bn in redemptions over the same timeframe, according to BlackRock’s year-end ETP Landscape Report.
