Barings to close North America fund

The vehicle has delivered a return of 13.4 per cent over the past five years compared with the Russell 1000 Growth index’s 52.9 per cent gain, according to Morningstar.


Cofunds announces £7.1m profit for 2011‎

Chief executive Martin Davis says: “Our sustained profitability enables us to make significant investment back into the business ensuring we can continue to deliver the services and support that our clients need in this pivotal year.”


Man Group to launch computer-driven bond hedge fund

Hedge fund manager Man Group is developing a computer-driven government bond fund, aiming to attract investors put off by the ultra-low yields in many developed fixed income markets and worried about further debt defaults.


Barclays, Standard Chartered Back London Bid for Yuan Hub

Institutions in the U.K. capital currently have more than 109 billion yuan ($17 billion) of customer and interbank deposits in the Chinese currency and that is “growing strongly,” according to a policy paper by research firm Bourse Consult rel


Jupiter assets climb

Net mutual fund flows were also healthy, Jupiter said, as it reported its interim results to investors.


The lure of diamonds

With an expected market capitalisation of between $3bn (£1.9bn) and $4bn, it could well end up in the FTSE 100 itself.


Central Bank said to buy Anglo Irish Tower

The bank will buy the building on North Wall Quay from the National Asset Management Agency, said the person, who asked not to be identified because the details are private. Anglo