07/26/2012
Fear over greed drives second-quarter European fund flows, latest Morningstar data reveals
Fund flows to European funds continue to reflect the ongoing eurozone crisis and its attendant market turbulence.
07/26/2012
Fund flows to European funds continue to reflect the ongoing eurozone crisis and its attendant market turbulence.
07/26/2012
Caixabank SA , Spain's third-biggest lender by market value, said Friday its first-half net profit sank 80% as it set aside a big chunk of income to cover losses on its real estate assets.
07/26/2012
UK Asset Resolution Limited which incorporates Bradford & Bingley plc and Northern Rock plc today issued its half year results for the six months ended 30 June 2012.
07/26/2012
Retail investors tend to automatically dismiss closed-ended funds when it comes to selecting a multi-asset portfolio, but the are some good options in the space.
07/25/2012
‘These half-year results show a continuation of what we delivered in the first quarter: significant balance sheet reshaping and another resilient performance against a backdrop of economic challenges and a lack of public confidence in our industry.
07/25/2012
The G20 countries agreed just after the collapse of U.S bank Lehman Brothers in 2008, in which opaque derivatives played a part, that dealers should clear contracts where possible to aid transparency.
07/25/2012
At present, the Coeli Power Surge fund trades exclusively on the NASDAQ OMX Commodities exchange.
07/25/2012
The decline is a result of setting aside EUR 1,304 million for provisions for real estate exposure in Spain of the second quarter ordinary profit of EUR 1,404 million.
07/24/2012
“There’s a general tendency to move toward lower-capital, fee-based models so that might explain the appeal for strategic buyers,” said Matthias de Wit, a Brussels-based analyst at Petercam SA. “Still, it’s a tricky market to
07/24/2012
Both categories reported consistent outflows during the first semester.
07/24/2012
It was confirmed that Burvill will lead the construction of the equity component and continue to oversee the strategic asset allocation
07/24/2012
BSRI Rankings for France, Malaysia and South Africa Improve; India and Spain’s Deteriorate
07/23/2012
The UK’s array of closed-ended investment trusts have long been known to outperform, on average, their better known, and much better funded, open-ended fund peers.
07/23/2012
This was despite the significant headwinds that the fund management industry faced in the period. As at 30 June 2012 the Group's assets under management were £1,724m - an increase of £58m (3.5%) on the 2011 year end position. This include
07/22/2012
Chairman Wang Dongming entered exclusive talks with Credit Agricole in March over the French bank’s remaining CLSA stake to add overseas research, brokerage and investment banking to Citic Securities’s operations.
07/22/2012
Christian Dargnat, chief investment officer of BNPP IP, says the decision was taken “due to the impact of market volatility”, which has seen OAM lose “very big mandates” and its profitability fall.
07/22/2012
SunGard’s offices in Switzerland provide local support as well as technical points of presence that give local customers efficient access to global trading venues through the SunGard Global Network.
07/22/2012
That hidden wealth is costing governments $280 billion a year in lost tax revenue, the report says.
07/19/2012
The fund was launched last Friday and has a range of share classes available across Europe.
07/19/2012
Total assets under management grew to $36.7 billion on 30 June, up from $34.2 billion on 30 December.