But Iimia’s Nick Greenwood says that with such market uncer-tainty, many managers may be taking profits and he is concerned that, in some cases, they may be doing so prematurely because of the way they are paid, particularly those driving the market from hedge funds.Some fund managers may be getting too much of a good thing and living in performance-related heaven at very generous levels. Of course, performance-related fees look good on paper for aligning fund manager and investor interests but in this case there can be too much of a good thing.
Downing Corporate Finance
Pennine Aim VCT 6
Bupa Individual Protection will be looking at an early December launch of its protection proposition with online capabilities to 26 soft partners. A full launch follows in the first week of January. Phase one will concentrate on critical illness and life while phase two will introduce the expert underwriting system with further protection products.
A year after the introduction of statutory FSA mortgage regulation, the CML argues that the costs of regulation have greatly exceeded original estimates.It also says has doubts as to whether the anticipated benefits of regulation have been achieved yet.With transitional costs estimated to be about double the FSA’s original expectations, this raises a question as […]
Rising demand for absolute return funds has raised concerns among some industry commentators that they may not live up to their hype, says Nicola York
By James Dowey, Chief Economist and CIO at Neptune The Bank of Japan (BoJ) surprised investors on 28 April by holding monetary policy steady following the meeting of its Policy Board. Many investors had expected an easing of monetary policy and, as such, the TOPIX Index has fallen and the yen has strengthened. Why has […]
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