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TrustNet announces record traffic

TrustNet, the online fund information specialist, has announced a record number of users to its website for 2004.
The number of unique visits showed a year-on-year increase of over 40 per cent, reaching almost a million.
TrustNet specialises in UK and offshore fund prices, performance, factsheets, news and education and is used by financial professionals, private investors and fund analysts.
Financial Express head of marketing and communications Paul Wynne says: “TrustNet Adviser is experiencing heavy traffic as more than 3,700 advisers have registered and are taking advantage of the extra data and free tools available to them.”


Credit Suisse predicts continued mid cap growth

Credit Suisse Asset Management believes that mid cap growth stocks are particularly attractive. Credit Suisses mid cap 250 fund, launched in November 2003, returned 21.9 per cent over the last year, compared to a 12.8 per cent growth in the FTSE all-share over the same period.

Jupiter funds of funds bag AA-ratings

Jupiter’s Merlin Income and Merlin Growth funds of funds, managed by John Chatfeild-Roberts have been upgraded from AA to AAA-rated by Standard & Poor’s. S&P say the funds have ” produced consistently strong performance using a rigorous process with strong sell disciplines.”

Multi-manager view

The multi-manager sector is growing rapidly. It has seen large numbers of new entrants, a flurry of fund launches over the past few years and an ever-greater number of column inches devoted to it in the industry press.


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