Lipper: rate of new fund launches is at a five-year low
Lipper says the number of mutual fund launches in Europe reached a five-year low in 2010.
News
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Greece likely to be nursed through to June’s EU/IMF payment
Mark Holman looks at the issues facing Greece as its next quarterly EU/IMF bailout payment falls due
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IMA chief Saunders responds to Managed fund furore
IMA chief executive Richard Saunders has responded to critics of its sector classification review.
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‘Huge interest’ delays FSA platforms paper until Q3 2011
The FSA’s platforms paper is to be delayed until Q3 2011.
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Macquarie’s Porteous joins RSM Tenon
RSM Tenon has hired John Porteous, head of distribution in the UK for investment bank Macquarie.
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Kleinwort completes purchase of Close Offshore
Kleinwort Benson has completed its acquisition of Close Offshore Group.
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UPDATE: Principal Global Investors launches limited term high yield fund
Principal Global Investors unveils more detail of its new limited term high yield fund.
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BlackRock to wind down Absolute Return Strategies
BlackRock is to wind-down its closed-ended Absolute Return Strategies fund of hedge funds.
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PA ANALYSIS: QE3 is a certainty to replace QE2
The answer to what will happen when QE2 ends on 30 June is simple – QE3 will maintain the status quo
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LVAM launches US Equity Income Fund
LVAM has launched a US equity income fund that targets a yield of 150% of that of the S&P 500.
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AllianceBernstein launches Asia-focused bond fund
AllianceBernstein has launched a fixed income fund which aims to tap into Chinese economic growth.
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UK base rate will hit 2.75% by end of next year, says BCC
The BCC says UK interest rates will rise “at a faster rate than previously envisaged”.
