Story by: Gail Moss, Investment Adviser
Funds are increasingly investing in the country after ruling party crisis abates and oil prices fall
Scottish Widows Investment Partnership has hired Christian Elsmark for the newly created role of managing director for Europe.
M&G Investments is enhancing its presence in the equity income fund market with the launch of the Pan European Dividend fund.
Products will focus on Aisa and Europe and firm says funds should be up and running by September
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.
The IMA has welcomed the European Commission's proposals for an improved legislative framework for Ucits funds, paving the way for Ucits IV.
Alternative energy is proving to be the latest fertile investment ground for Premier Asset Management's £11m European Growth fund.
Overweight positions in materials and consumer-related themes at the expense of the energy sector, led to outperformance for JPMorgan’s £519.3m Russian Securities investment trust, its manager has claimed.
European corporates will continue to outperform their US counterparts in the current credit crunch market due to greater levels of global diversification, James Buckley, manager of the £206m Baring European Growth Trust, has said.
Newly formed company Stellar Asset Management has announced it intends to extend the offer period of its first fund, the Stellar Baltic States fund, to 31 July.
Barings Emerging Europe trust manager Martin Majdaniuk talks to Nick Rice about corporate governance and minority shareholder rights
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