More fund managers lose faith in global recovery
Fund managers are continuing to lose faith in the global economy recovery story, according to BoA ML
Industry
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Fecif makes another plea for senior IFA representation in Europe
Fecif has petitioned the European Parliament again for IFA representation on new “super regulators”.
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Skandia Int’l unveils risk tool and launches two funds
Skandia International has created an online risk rating tool and launched two funds.
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Report sees Gulf salaries rising more than 6% in 2011, led by Qatar
Salaries in the Gulf are forecast to rise an average of 6.6% this year, a new report says.
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S.W. Mitchell set to launch long/short European equities fund
SWMC is set to launch a long/short equity fund investing in small and mid cap European equities.
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Axa IM launches global credit bond fund
Axa Investment Managers has launched a global bond fund.
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JPMAM continues Brazil expansion
JPMAA is stepping up its operations in Brazil, with the appointment of a new CEO.
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Report: Theyre safe, and please dont call them Newcits
EFAMA today released a report that says so-called “Newcits” funds are as robust as other Ucits funds
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‘ETF-like’ charges on Gulfmena’s new Mena equity fund
Dubai-based Gulfmena Investments has launched a long-only relative value strategy Mena equity fund
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First State plans Asia and Australian expansion with multi-asset biz
FSI is expanding its Investment Solutions business in Asia and Australia.
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proposed regs will damage uae funds
Fund managers believe proposed new industry regulations in the UAE will damage the sector
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NZ regulator warns QROPS provider over sales practices
The New Zealand Financial Markets Authority has told QROPS and pension provider SuperLife Trustees of its concerns.