Multi-asset
Investment
BNP Paribas has gained regulatory approval to launch a UCITS compliant European structured product, aiming to generate an 8% return per annum.
06 September 2012
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Managed funds
Jupiter's Merlin multi-manager team, headed by CIO John Chatfeild-Roberts, have initiated a holding in Terry Smith's Fundsmith Equity fund as they increase their exposure to 'global titan' corporates.
23 August 2012
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Commodities
Glencore has been hit by falling commodity prices, reporting a drop in pre-tax earnings of a quarter in the first half of the year, but will forge ahead with Xstrata merger plans despite a challenging backdrop.
21 August 2012
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Investment
Shares in platinum miner Lonmin fell sharply into the red on opening this morning, down more than 4%, as the group warned its 3,000 striking employees will be dismissed if they do not return to work today.
20 August 2012
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