Gartmore launches long/short euro equity fund
Gartmore has launched its European Absolute Return Fund after a three-month delay blamed on extreme market volatility and temporary restrictions on short-selling.
Gartmore has launched its European Absolute Return Fund after a three-month delay blamed on extreme market volatility and temporary restrictions on short-selling.
Friends Provident International (FPI) saw a 12.3% increase in business in 2008, growth the company said was aided by the recent plunge in sterling.
Brandeaux, the London-based property fund manager, has become the latest in the real estate sector to suspend redemptions. Before implementing the measure, the firm had been bucking the industry
Asset management houses are slashing budgets, staff numbers and closing, merging or restructuring funds as they struggle to survive the global financial downturn.
Responsibilities are shifting and advisers can no longer be everything to everyone
China and technology are playing key roles in driving the emerging markets sector from strength to strength, according to the latest data from Morningstar Investment Management.
The European Union is risking “geopolitical angst” and “global tax chaos” if it follows through on its threat to add the US to its list of non-cooperative jurisdictions for tax purposes.
President Obama yesterday signed into law a bill which contains little-publicised elements that are expected to impact non-US financial institutions, funds and collective investment structures.