News

Wall Street got off to a shaky start today as traders digest positive news on the housing market and a negative read on the Conference Board's consumer confidence index.

Jubilee has increased the minimum investment level across its structured product range.

GLG Partners has launched a new fund targeting the debt of struggling UK and European companies.

Environmental and clean energy specialist Impax has won a €150m mandate to manage listed equities.

The FTSE 100 has opened lower this morning despite three-figure gains on Wall Street overnight.

The Dow Jones has kick-started the week with solid gains in early trading on Monday.

Corporate bond funds remain a firm favourite with investors, latest figures from the Investment Management Association (IMA) show.

Thames River and Jupiter have unveiled new offshore launches to the UK and European market.

Smith & Williamson plans to re-domicile its Enterprise hedge fund from the Caymans to Dublin and convert it into a Ucits III structure by the first quarter of 2010.

GAM is closing its European Systematic Value & Income fund today ahead of manager Ross Hollyman's move to Liontrust at the start of next year.