Gartmore is to launch a long/short pan-European all-cap strategy fund for John Bennett and his team in May.
Business Secretary Lord Mandelson has called for “a sense of proportion” at the FSA and urged the regulator to take a step back and work with the EU to collectively define the regulatory system.
Specialist provider Altus Financial Products believes the FSA should restrict sales of structured products to sophisticated investors.
Gold specialist Graham Birch has decided to quit BlackRock after taking a sabbatical from the firm. Evy Hambro is to continue the management of the BlackRock gold and general fund. Birch went on sabbatical at the end of March 2009, having managed the fund since 1999. The £2.1bn fund has returned 62 per cent in […]
The Financial Services Authority has suspended Alpha 2 Omega from all regulated activities over concerns around its compliance arrangements.
In recent years, a popular narrative about the global economy has been that it is ‘stuck in a low gear’, with central banks unable to tighten policy. As recently as a year ago, there was much talk about the pros and cons of negative interest rates. This year, however, instead of a barrage of media […]
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Almost a third of women in the asset management industry have experienced sexual harassment in the workplace, according to a new survey, as Fidelity and the Worldwide Healthcare Trust dismiss fund managers due to inappropriate behaviour. A global survey by the Financial Times reveals 32 per cent of women working in asset management have experienced […]
Platforms are chasing assets in order to achieve scale but the winners of the future will need more than that The importance of scale is one of the key topics of conversation in the platform industry. Scale brings some clear benefits to platforms, such as allowing them to charge consumers less, providing the means of […]
The pensions industry has welcomed government reforms to boost auto-enrolment while raising concerns about their limited scope and time it will take to implement them. In its much anticipated review into auto-enrolment the government says it will lower the age at which people are eligible for a workplace pension from 22 to 18. The government […]