News
Absolute Return
Three absolute return funds were among a raft of launches seen last week despite the IMA reporting the highest outflows on record from the sector in August.
10 October 2011
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Absolute Return
Hugh Hendry's ‘miserable' outlook for the world economy has driven his CF Eclectica Absolute Macro fund to return 4.76% during the last two months of market upheaval.
10 October 2011
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UK
Threadneedle's executive chairman Simon Davies is set to retire from the group in June 2012.
10 October 2011
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Investment
The Bank of England's surprise decision last week to increase its quantitative easing programme by £75bn will lead to further stimulus in February, according to economists.
10 October 2011
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Investment
The European investment trust sector has grown dividends faster than any other over the last five years, even outstripping commodities-focused investment trusts, with payouts increasing by a fifth.
10 October 2011
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Investment
Investment trust analysts have labelled the Henderson TR European Growth trust a ‘sell' following a move by manager Ollie Beckett to take it down the market-cap spectrum.
10 October 2011
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Europe
Former Prime Minister Sir John Major has told the BBC Europe must recapitalise its banks and Greece "needs to default" on its debts, to help bring an end to the eurozone debt crisis.
10 October 2011
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Financial services
French bank Société Générale was the victim of an alleged multi-million pound fraud which occurred within weeks of the much-publicised €4bn fraud by rogue trader Jerome Kerviel - but it was never disclosed to shareholders.
10 October 2011
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