Man Group reports record quarterly sales alongside significant outflows
Man Group’s quarterly results show record sales of $9bn though this was offset by outflows of $5.3bn
News
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Western world still relies on US to lead the recovery
Lee Robertson is convinced that the western world is still as dependent as ever on the US recovery.
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HSBC adds Russian ETF to London-listed offering
HSBC has launched its latest emerging market ETF, tracking the MSCI Russia Capped index.
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Mixed returns from two halves of Fidelity Special Sits
Fidelity UK Special Sits treads a far more positive path compared to its Global counterpart.
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Holden to take over Ignis UK Focus fund
Mark Holden is to join Ignis in the autumn, taking over management of the UK Focus fund.
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PA ANALYSIS: Investment trust buyers looking for income
Investment trust buyers still show a clear preference for older, more traditional income portfolios.
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Companies spending their cash brings opportunities for UK plc investors
Robin West and Toby Belsom look at small/mid cap opportunities as companies start spending cash.
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LGIM makes new senior fixed income appointment
Nick Griffiths is to join Legal & General Investment Management as its new head of global rates.
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May Isa sales highest since 2000
May Isa sales reached their highest level outside a tax season month in 11 years, the IMA reports.
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Sovereign debt needs greater transparency
Sovereign debt should have as much transparency as listed companies, according to the ESMA.
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JP Morgan levies performance fee for beating cash
The new JPMorgan Global Equity Absolute Alpha Fund pays a 10% performance fee for beating 3m Libor.
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IFA outsourcing to rise ahead of RDR start
IFAs are expected to increase outsourcing client portfolios to discretionary managers ahead of RDR
