News

S&P Capital IQ has launched a grading system for ETFs that will treat passive funds as a separate asset class.

The IMA has called upon groups to enhance transparency on fund charges across all investor-facing documents, as well as giving a more prominent position to the ‘ongoing charge' and provide details of transaction costs.

The UK economy shrank by 0.3% in the first quarter, the final official reading has confirmed.

Standard Life Investments has re-opened Harry Nimmo's UK Smaller Companies fund to investors via its wrap, following a wave of outflows.

Fidelity‘s Allan Liu has said performance on the £2bn South East Asia fund has been hit by exposure to mid-cap stocks.

Markets were unfazed by the hefty fines facing financial institutions and posted gains around the world overnight.

RBS and Lloyds, the two UK tax-payer backed banks, are among a dozen financial groups being investigated for manipulating the LIBOR rate, which resulted in a record £290m regulator fine for Barclays, it was revealed yesterday.

Scottish Widows Investment Partnership (SWIP) has named five more managers who have left the firm following the restructure of its equity desk.

Yields on 10-year Spanish government bonds are close to unaffordable, Spanish Prime Minister Mariano Rajoy has told his parliament ahead of this week's all-important EU summit.

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