super committee fails to agree us tax cuts
The US Super Committee has failed to reach an agreement on a plan to reduce the country’s $15trn national debt by $1.2trn.
News
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one third of inv trusts yield more than ftse 100
Income-hungry investors could do worse than looking to conventional investment companies, as 33% yielded more than the FTSE 100 annual average in the year to 31 October.
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pa analysis imf and g7 to reform
Given Jim O’Neill’s updated – and more bullish – views on the emerging-now-growth economies of the BRIC countries, it is time for the IMF and similar bodies to change the way they are structured to reflect this.
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fsa warns of bogus sarasin firm
The Financial Services Authority has issued a warning against an unauthorised firm believed to be cloning Sarasin & Partners.
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dedicated mm ratings from scopic research
Scopic Research is a research company run by Paul Ilott that provides qualitative ratings on multi-manager funds for those using them directly or recommending them for clients.
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UK business development hire for Legg Mason
Legg Mason Global Asset Management has hired ex-Legal and General Investment Management sales manager Dan Franklin as director of business development for the UK.
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synthetic etfs fall further out of favour
UK investors’ preference for physically-backed ETFs has strengthened in the past year, while concern about counterparty risk has grown, according to Morningstar.
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beware the cds that doesnt pay out on default
Tim Cockerill questions the real value of some sovereign credit default swaps while urging investors to look closely at corporate CDS that only pay out on some, not all tiers of debt.
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brics and rising stars are future growth economies
Jim O’Neill says the BRIC countries and other “rising stars” should take over from the current economic power-houses that are simply members of groups like the G7 for historic reasons.
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cazenove looks to flesh out its core offering
Cazenove Capital Management has confirmed it is looking into launching a European equity income and a high yield bond fund for Chris Rice and Peter Harvey respectively.
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Vestra Wealth adds to Jersey team
Vestra Wealth has appointed three further portfolio managers to its Jersey-based team.
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pa analysis is brazil poised for recovery
The correlation of global markets is probably at its highest level ever, but surely not all economies deserve to be treated with equal disdain. So has Brazil’s recent under-performance presented an opportunity to pile in?
