First State to close Global Growth Fund
Assuming FSA approval is given, First State Investments is to close its Global Growth Fund.
News
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Amundi ups price pressure on rivals
In its third UK-listed range launch this year, Amundi keeps its competitive charges reputation.
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PA ANALYSIS: The FSA is confusing ‘complex’ with ‘risky’
The FSA is warned that complex product structures do not necessarily increase their risk or returns.
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EFG Asset Management launches UK arm
EFGAM launches distinct UK business and offers its products to a wider investor audience.
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Portfolios weather Q2 storm to just stay positive
The ARC Private Client Indices show Q2 portfolios across the risk spectrum staying just positive.
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Kevin Lilley leaves RLAM for OMAM European equity team
Kevin Lilley is to join Old Mutual as manager of its Euroepan Equity Fund.
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Service sector slowdown points to UK economic stagnation
The Markit/CIPS PMI survey data for August shows the services sector falling by near record levels.
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Private equity funds cheap by historical standards
Private equity funds have reported increased NAVs and attractive discounts in the first half.
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Irish funds see highest net inflows in Europe
Net inflows into Ireland were higher than any other European domicile in the first half of the year.
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Jupiter fund eyes greater income opportunities
Jupiter Asset Management makes key changes to its Environmental Income Fund.
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PA ANALYSIS: Investors want ‘safe’ but are unsure what it is
Investors are having to juggle with the changing definitions of what constitutes a safe haven asset.
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JPM launches European inflation-linked bond fund
JP Morgan enters the European debt space to offer investors a hedge to inflation liabilities.
