Managers exploit Twitter to win investors
Asset managers are turning to social networking websites in a bid to revolutionise the way they communicate with investors.
HSBC dismisses Vanguard link to fee cuts
HSBC Global Asset Management has dismissed claims it lowered the fees on its tracker funds earlier this week because of Vanguard's arrival in the UK.
Ex Fidelity director brought in to save skills school
The role of the UK’s Financial Services Skills Council is to be reviewed after the Commission for Employment and Skills declined to relicense the agency.
EU draft targets clearing process for derivatives
The European Commission says using clearinghouses will help cut risk.
Hopes of UBS out-of-court tax settlement dashed
UBS’s hopes of settling its US tax fraud case out of court have been dampened by the US justice department.
Credit Suisse completes asset arm sale to Aberdeen
Credit Suisse has completed the sale of parts of its traditional asset management business to Aberdeen Asset Management.
JP Morgan launches multi-asset income fund
JP Morgan’s head of UK retail sales says the fund presents a cost-effective way to access income without worrying about asset allocation.
Berenberg creates property fund unit
German private bank and asset manager Berenberg Bank has created a property fund arm under the name of Berenberg Invest.
Morgan Stanley delays frozen fund revaluation
Morgan Stanley Real Estate Investment will not be able to publish the details of a portfolio revaluation of its frozen P2 Value property fund at the beginning of July as planned.
The Exchange: Preparing for fund closures and Ucits IV
Ignites Europe’s July Exchange webcast will look at how managers should be preparing for more fund closures with the arrival of Ucits IV.
