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Apollo funds to be distributed through Guernsey PCCs

New multi-manager boutique Apollo Multi Asset Management is to distribute its Balanced and Cautious funds outside the UK through Guernsey protected cell companies (PCCs).

clock 28 November 2008 •

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Treasury Minister welcomes Kaupthing Singer & Friedlander IoM delay

Isle of Man Treasury Minister Allan Bell has welcomed the Isle of Man High Court's decision to allow more time for the development of a solution for the depositors of Kaupthing Singer & Friedlander Isle of Man (KSF IoM).

clock 27 November 2008 •

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Africa 'not at risk from Chinese slowdown'

Growth in Africa should not be hampered by a slowdown in the Chinese economy, despite much of sub-Saharan Africa's new infrastructure spending coming from the Asian giant, according to New Star Heart of Africa fund manager Jamie Allsopp.

clock 27 November 2008 •

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Market closures can be helpful, says Invesco's Newman

Action to suspend trading on stock exchanges in times of volatility may not be a bad thing, according to Dean Newman, head of emerging market equities at Invesco Perpetual.

clock 27 November 2008 •

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Yields on top stocks offer opportunity

Yields on some UK and European stocks are currently at levels where it would look attractive to start putting money back into the markets, according to Allianz RCM's chief investment officer Europe, Neil Dwane.

clock 27 November 2008 •

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Cofunds adds Templeton Global Bond fund

Franklin Templeton Investments' Luxembourg-registered Templeton Global Bond fund has been added to Cofunds' offshore fund platform.

clock 27 November 2008 •

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HSBC calls for global Shari'ah board

A single global Shari'ah board is needed if Shari'ah-compliant investing is to be standardised across jurisdictions, according to Saqib Masood, head of Islamic product development at HSBC Saudi Arabia.

clock 27 November 2008 •

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Invista property Sicaf suspends dividend

Invista European Real Estate Trust Sicaf will suspend dividend payments to conserve cash with a view to de-gearing the company.

clock 27 November 2008 •

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Jersey's financial sector resilient despite turbulence

Jersey's finance industry is holding up, with the launch of funds and expert funds continuing to rise in the third quarter in spite of difficult market conditions.

clock 27 November 2008 •

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Bombay stock market shuts after terrorist attacks - papers

A series of deadly attacks in India's commercial capital Mumbai forced a closure of the country's stock and commodity exchanges and drove up its risk premium in international credit markets, The Telegraph reports.

clock 27 November 2008 •
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