HSBC Global Absolute is set to reveal details of corporate action to be taken within the next two weeks, after its board announced a strategic review of the $100m listed fund of hedge funds.
The currency of a country is the equivalent of its share price, the perceived value of its overall tangible and intangible assets, and while the share prices of the highly indebted developed markets are faltering, those of emerging markets are rising....
The £1.9bn Foreign & Colonial investment trust has brought management of its Japan mandate back in-house to F&C after removing Goldman Sachs.
The standoff between Greece and the EU refuses to lie down, however it was Incisive Media's Risk magazine which skilfully pinned down the exact numbers in an article published in 2003.
Sarasin's Daniel Briggs has reduced sterling and euro exposure in the £231m GlobalSar IIID fund over concerns for public sector deficits.
The marketing fraternity would have us believe senior citizens enjoy a Golden Age.
Top five funds in IMA Strategic Bond sector all return above 4% over one year against an average of 23.1%
The major UK banks are falling as the market absorbs the wider implications of Barack Obama's plans to keep US banks on a tighter leash.
Fund managers believe Barclays, HSBC and Royal Bank of Scotland are the UK banks most likely to suffer if the latest US plans to curb risk taking in the sector are effected.
Gold is entering a new era. In the past gold has been thought of primarily as a safe haven, but now it is recognised as a preserver of wealth by both institutional and private investors, relevant whatever the economic weather.