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SocGen to add two sub-funds to Mena product

Story by: Nick Rice, Investment Adviser

Société Générale Asset Management is launching Global Emerging Markets Infrastructure and Global Frontier portfolios to complement its offshore Mena product.

• Time published: 00:01
• Date published: 21.07.2008
• Published in: Investments

Credit Suisse warns over property value

Multi-managers may take more than 12 months to find value in property, according to Credit Suisse Asset Management.

• Date published: 21.07.2008

Thames River takes heavy weighting in Japan after low valuations

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• Date published: 21.07.2008

King claims Bank of England can do very little about inflation

Governor predicts inflation will not return to CPI annual rate of 2 per cent for at least two more years

• Date published: 21.07.2008

F&C adds Lifestyle range of funds to Zurich platform

F&C Asset Management has added its Lifestyle funds to the Zurich platform.

• Date published: 21.07.2008

Midas sees increase funds' correlation for go-anywhere funds

Asset classes moving together as relationships strengthen over the period of downturn, says company

• Date published: 21.07.2008

Columbus voices fears at equity managers' underperformance

Firm's investment director says star and active managers hit by underperformance against the benchmark

• Date published: 21.07.2008

Managers divided over US housing market, claims S&P

Fund managers are split as to whether the worst is over for the US housing market and the financials sector, according to Standard & Poor's Fund Services.

• Date published: 21.07.2008

Plimsoll voices fears over possible industry job losses

Research assessed more than 1000 firms and showed as many as three-quarters will need to make staff reductions

• Date published: 21.07.2008

Performance divide widening, say chiefs

Central and eastern European states lagging because of energy imports, say fund heads

• Date published: 21.07.2008

First Group rolls out Shariah-compliant Emirates Opportunity fund

International property company The First Group is hoping to strengthen its hold on the Arab market by giving UK investors access to its new Shariah-compliant property fund, the Emirates Opportunity fund.

• Date published: 21.07.2008

Arc launches Protected Commodity Plan to invest in oil, corn and copper

Structured product specialist Arc Capital & Income is hoping to take advantage of the recent boom in commodities with the launch of its new Arc Protected Commodity Plan.

• Date published: 21.07.2008

Trikona announces 22 per cent increase in NAV

The Trikona Trinity Capital investment trust has dismissed fears about inflation after it announced a 22 per cent increase in its NAV.

• Date published: 21.07.2008

China is moving up the chain, says JPMAM

China is entering new territory as a global financial leader by finally making the transition from workshop of the world to high-end product exporter, according to JPMorgan Asset Management.

• Date published: 21.07.2008

Confidence at all time low, claims Merrill Lynch

Investors' confidence in equities has hit an all-time low and they are now fleeing into traditional safe stocks, according to the latest fund manager survey by Merrill Lynch.

• Date published: 21.07.2008

Cofunds seeks to transform into wrap after Q2 sales results

Outgoing chief says supermarket joint venture to focus on pensions, especially Sipps

• Date published: 21.07.2008

Schroders' Buxton claims opportunities exist despite pessimistic outlook

Despite the UK economy sliding into recession, there are still opportunities to be found in the long term, according to Schroder Investment's Richard Buxton.

• Date published: 21.07.2008

Barings to launch Mena fund with GARP stance

Fund's objective is to beat MSCI Arabian Markets ex Saudi Arabia index

• Date published: 21.07.2008

Halbis takes Ed Conroy on board its global emerging markets team

Halbis, the active management specialist of HSBC Global Asset Management, has recruited Ed Conroy to its global emerging markets team.

• Date published: 21.07.2008

ETF Securities witnesses biggest one-day commodity inflow

ETF Securities recorded its biggest one-day, exchange-traded commodity inflows last week despite chart-topping management fees for ETCs across Europe.

• Date published: 21.07.2008

Premier restructures £10m Eastern Enterprise fund

Premier Asset Management has rebranded and restructured its £10m Eastern Enterprise fund following the retirement of current manager Richard Muckart.

• Date published: 21.07.2008

Baer makes Africa fund available to the UK

Swiss private bank Julius Baer is making its $170m (£85m) Northern Africa fund available to UK investors following approval from the FSA.

• Date published: 21.07.2008

S&P sees boost for Shariah-compliant equities

Shariah-compliant equities have delivered positive returns in the second quarter thanks to their exclusion of financials, according to Standard and Poor’s.

• Date published: 21.07.2008

Qualify or leave, says Sesame

Adviser network claims FSA should set deadline of 2013 for advisers to attain proposed minimum qualifications in the industry

• Date published: 21.07.2008

Schroders plans to bring offshore Asian fund to the UK

Schroder Investment Management is planning to bring its £27m offshore Asian fund to UK investors.

• Date published: 21.07.2008

Cofunds and FidelityNetworks add Franklin funds

Cofunds and Fidelity FundsNetwork have added Franklin Templeton Investments’ newly launched funds to their onshore fund offerings.

• Date published: 21.07.2008

Odyssey announces training programme launch

Odyssey Financial Technologies, a global provider of private wealth and asset management solutions, has announced the launch of new training programmes for mass affluent and asset management solutions within its Knowledge Academy.

• Date published: 21.07.2008

7IM recruits Michael Hughes to asset allocation committee

Seven Investment Management has recruited Michael Hughes to its multi-manager asset allocation committee.

• Date published: 21.07.2008

Fund chiefs call for rethink of Cautious Managed sector

Some managers claim range of funds in sector are too complicated, making peer group comparisons impossible

• Date published: 21.07.2008

Thames River makes fund range available through Skandia platform

Thames River Capital confirmed that its range of multi-manager funds were now available through the Skandia platform.

• Date published: 21.07.2008

Jupiter launches India fund

Jupiter announced that it has launched the Jupiter India fund, managed by Avinash Vazirani.

• Date published: 21.07.2008

IMA welcomes proposals paving way for Ucits IV

The IMA has welcomed the European Commission's proposals for an improved legislative framework for Ucits funds, paving the way for Ucits IV.

• Date published: 21.07.2008

Aima welcomes Treasury rules

The Alternative Investment Management Association has broadly welcomed HM Treasury’s partial draft regulations on offshore funds in the association’s formal response to the Treasury’s consultation paper.

• Date published: 21.07.2008

Port Funds launches Wealth & Fine Wine fund

Port Funds Management announced that it has launched the Port Funds Wealth & Fine Wine fund into the UK market.

• Date published: 21.07.2008

Eisa criticises EU over investment rules

The Enterprise Investment Scheme Association has blasted the EU for introducing new investment rules that will stifle UK entrepreneurship.

• Date published: 21.07.2008

Keydata launches enhanced version of Extra Income plan

Keydata Investment Services has launched an enhanced version of its Extra Income Plan, offering tax benefits and the ability to hedge against falling markets.

• Date published: 21.07.2008

Martin Currie Sicav to offer sterling share class

Martin Currie Investment Management is adding a sterling share class with UK distributor status to its $216m (£107.9m) Global Resources vehicle.

• Date published: 21.07.2008

Credit Suisse to alter remit of Alpha Income fund

Credit Suisse is looking to change the remit of its £53.1m Alpha Income fund, run by Graham Ashby, as part of its overall strategy to widen remits and boost fund performance.

• Date published: 21.07.2008

Triodos energy fund share issue raises £10m

The Triodos Renewables Energy fund’s recent share issue was oversubscribed, raising £10m.

• Date published: 21.07.2008

Midas sees increase in correlation for go-anywhere funds

Correlation in go-anywhere multi-asset funds has increased, according to Midas Capital Partners.

• Date published: 17.07.2008

Cofunds reveals planned move to wrap platform

Cofunds has revealed that it is looking to transform from a funds platform to a wrap platform, as it announced its second quarter sales results.

• Date published: 16.07.2008

China emerging as global financial leader: JPMAM

China is entering new territory as a global financial leader by finally making the transition from workshop of the world to high-end product exporter, according to JPMorgan Asset Management (JPMAM).

• Date published: 16.07.2008