uk inflation begins its rapid descent
UK inflation fell back last month in a drop that signalled the start of a rapid descent back to target level, according to commentators.
News
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fsa fines mcinroy and wood for client money breach
The FSA has fined discretionary investment management firm McInroy & Wood Limited (MWL) £15,050 for breaching client money rules.
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ubs names new ceo to assert stability
UBS has named Sergio Ermotti as its new chief executive officer in what is hoped will be a less troubled future for the Swiss bank.
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active etfs to lose competitive advantage post rdr
Swiss & Global is planning to launch a new range of “Smart” ETFs in the New Year which will be actively managed despite an industry-wide lack of conviction for such products.
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why dont ethical funds invest in more renewables
Ryan Smith explains some of the problems behind investing in more renewables and puts the case for international agreement on climate change as the catalyst for future demand.
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gkam taps into Nordic safe haven appeal
Specialist fixed income boutique Glendevon King Asset Management has launched a Norwegian krone class in its new Global Bond Fund II, offering investors access to the safe haven growth story of the currency.
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syz launches high yield bond fund
Swiss banking group Syz & Co has expanded its Luxembourg-domiciled Sicav range with the launch of the Oyster Global High Yield Fixed Income Fund.
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morningstar rdr-readies its ratings
Morningstar has revised the methodology for its closed-end fund ratings in the UK, in a bid to enable easier comparison with Oeics ahead of RDR.
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rathbone looks into further launch for coombs
Rathbone Unit Trust Management is considering launching another multi-asset portfolio for David Coombs, head of multi-manager investments at the boutique fund manager.
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Japans improving GDP numbers papering over cracks
Japan may have posted the first positive quarter-on-quarter GDP figures for more than a year but there are still too many economic negatives to make it anything other than a good stock-pickers market.
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glg launches strategic bond fund
GLG Partners has launched a Strategic Bond Fund for Cristophe Akel, with the unrestricted ability to invest across the credit and duration spectrums.
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brutal markets hurt boltons nav
Anthony Bolton called markets over the past few months the most “brutal” he could remember, as he sought to justify a 29% fall in the NAV of his investment trust in the first half of the year.
