The news the European Commission is proposing a further clamp down on credit rating agencies should hardly come as a surprise, since throughout the sovereign debt crisis, the rating agencies have been pilloried as the villains of the piece.
Two fixed income managers at Russell Investments are swapping locations between Seattle and London to take on new responsibilities.
Forthcoming EU legislation could reduce the flexibility of the Financial Policy Committee to act in the interests of the UK, according to Lord Turner, chairman of the FSA.
David Stearn has founded Affinity Private Wealth alongside his former team at Fairbarin Private Bank.
Axa Investment Managers has launched a high conviction global income fund targeting between 1.5 and 2.5 times the yield of the MSCI AC World index.
Global assets under management remained at a steady level in the second quarter at 19.49trn, according to EFAMA, up from 18.74trn in the same period last year.
SPDR ETFs, the ETF Platform of State Street Global Advisers, has announced the listing of two funds with dividend exposure on the LSE, in the hope of tapping into investors’ hunt for yield.
Bill Dinning looks at markets that have ’emerged’ in the past, including Greece and Portugal, and asks whether emerging markets is simply an illusory term.
Fidelity Worldwide Investments has added James Bateman to its multi-manager team.
BlackRock has confirmed it is expanding its UK equity fund range to include a UK Focus fund managed by Luke Chappell and Imran Sattar.
F&C has confirmed the promotion of Sam Cosh to lead investment manager of the European Assets Trust, taking over from Paras Anand who is due to move to Fidelity.
Even the most export-driven country is being force to take a more domestic-led approach to its economic affairs.
