Story by: Nick Rice, Investment Adviser
City Financial is in discussions to buy another UK retail fund business, according to its chief executive.
Soaring commodity prices and central bankers’ growing hawkishness have combined to push credit markets even lower in June, wiping out the gains made since mid-March, according to FRM Credit Alpha.
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New Star fund manager taks to Rob Griffin about an overhaul for the Global Equity fund
In the beginning, there were long-only equities. Long-only equities were with retail fund managers, they were their comfort and pay packet.
Major fund management groups have postponed further fund launches until next year in the wake of extreme market conditions.
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