News

US asset manager William Blair has launched an Emerging Leaders Growth SICAV for managers Todd McClone and Jeff Urbina.

The former head of global emerging markets at Martin Currie, Dariusz Sliwinski, has joined Midmar Capital.

ETFs NEXT MIS-SELLING SCANDAL?

Ratings agency Moody's is threatening to cut the ratings of 14 British lenders including RBS and Lloyds on concerns regulators including the Bank of England will harden their stance on future bailouts.

The eyes of the world's investors will be on the European financial markets this morning after a day in which eurozone debt fears saw the FTSE suffer its heaviest one-day fall in two months.

A commodity sell-off sent the FTSE 100 down almost 2% at 3pm as investors dumped risk assets on European debt concerns.

Pictet is launching an absolute return credit fund for ex-Swiss Re managers Raymond Sagayam and Kazik Swiderski.

Architas, the multi-manager arm of AXA, has launched three multi-asset funds of funds investing in passive strategies for Steve Allen, an investment analyst at the firm.

GLG Partners has unveiled the GLG Global Sustainability Equity fund for manager Jason Mitchell.

Business secretary Vince Cable has warned politicians have not done enough to emphasise the scale of problems facing the UK economy or prepare consumers for the impact of spending cuts.