The IMA has taken a second swipe at structured products, whilst issuing a rallying call to ensure that lessons learned from the banking crisis are applied to the asset management industry.
Mashreq Asset Management has launched the Arab Tigers Fund, giving European investors access to the Middle East & North Africa (Mena) region.
Bank of Ireland Offshore has launched a 3 Year Growth Bond. The fixed term deposit bond tracks the FTSE 100 and the Nikkei 225, offering the potential to earn up to 32% gross at maturity with 9.75% AER, while guaranteeing initial capital.
Martin Currie has fewer funds now than when Andy Sowerby took the role of managing director of marketing, but it has been top 10 in the retail industry for net sales for half of 2008.
The dramatic events troubling Wall Street this week may have further damaged the industry's fragile confidence in the global financial system, but commentators believe this crisis could ultimately be positive for the re-structuring and long-term profitability...
A recent poll by YouGov has pointed to the exigency for protection, with just 15pc of respondents claiming they would not be severely affected if their financial circumstances change for the worse due to long term illness or incapacity.
Scott McKenzie, manager of the Martin Currie UK Equity Income fund, says now that equity income funds are coming under more scrutiny, those funds that do 'what they say on the tin' should win a more prominent place in investors' portfolios.
Dr Carolyn Steppler, Director, Private Client Advisory, Tax & People Services and Liz Fothergill, Senior Manager, for KPMG, explain the new remittance rules for uk resident nom doms.
Global insurance giant American International Group (AIG) efforts to raise new capital were put in jeopardy after a series of damaging credit downgrades as the drama on Wall Street intensified, The Telegraph reports.
RWC Partners has confirmed the RWC Asia Ascent fund will launch on 20 October.