Story by: Pam Atherton, Financial Adviser
Investec, the private and investment bank, has ousted Resolution, Clive Cowdery’s consolidation vehicle, from the FTSE 100 in the latest reshuffle of the index.
Unicredit, the Italian-German banking group, has warned investors that Britain is at serious risk of a bond market and sterling crisis.
HSBC Global Asset Management is set to launch a Ucits III-compliant European absolute return fund in April, subject to regulatory approval.
Specialist asset manager Ashmore has launched eight new emerging market Sicavs to help broaden and develop its investor base through wholesale distributors.
Hargreaves Lansdown analyst Rob Morgan said the intermediary will not be reinstating the Fidelity European fund to its Wealth 150 buy-list at the present.
As the subscription closing date for Fidelity's China investment trust – 5 April - approaches many investors may rush to buy into it without realising the risks, according to Minerva Fund Managers' Paul Warner.
Ignis and joint venture company Argonaut Capital Partners have confirmed plans to launch a European Enhanced Income fund in April, as revealed exclusively by Investment Adviser in January.
The Investec UK Smaller Companies fund, managed by Philip Rodrigs, has been upgraded to Superior qualitative rating by Morningstar this month.
Gartmore's Leigh Himsworth has pledged a performance turnaround on the group's UK equity fund range after he revamped the funds' remits.
The US dollar's recovery coupled with uncertainty over the UK election could see sterling wobble further in the near future, Threadneedle's Stuart Frost has warned.
Recent developments in peripheral Europe have highlighted a material concern for investors: have the stresses evident in the financial system during the ‘credit crunch’ been resolved or merely shifted onto sovereign balance sheets?
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There’s something rotten in asset management. Maybe that turn of phrase doesn’t have the same ...