09/29/2014
The flagship Total Return Fund, the world's largest bond fund, suffered 16 straight months of outflows. The wrangling and the underperformance grated on the executive committee, chaired by Chief Executive Douglas Hodge.
09/26/2014
Even the rock stars of the investment community are guilty of herd mentality. The fact that African Bank Investments Ltd, an obviously dodgy investment, was held in so many unit trust funds is evidence of this.
09/26/2014
Still, the principals of this de facto Cabot, Lodge wealth manager were determined to express to prospects that they were in fact better than their competitors in essential ways.
09/24/2014
Addressing the Labour Party conference in Manchester, Labour leader Ed Miliband has outlined plans to introduce a ‘Mansion Tax’ on properties worth over £2m, and a clampdown on tax loopholes by hedge funds and large firms that ‘mov
09/19/2014
Currency traders are expecting a £63,000 fall in bonuses amid an industry rigging scandal, while commodities trader pay-outs are expected to be up £38,000
09/17/2014
Responding to the proposals, George Bull, Baker Tilly’s Senior Tax Partner, said: ‘These measures represent a positive step towards eradicating harmful tax practices on a worldwide scale.
09/10/2014
Investors and investment managers are set to face a 15-year period of low growth, high volatility, great uncertainty and low financial returns, UBS Global Asset Management has predicted.