Neville James pulls funds from S&P listings

TEP market makers Neville James has withdrawn its investment funds from the Standard & Poor's Micropal fund tables after it discovered information was being calculated and displayed in the wrong currency. In what Neville James cites as "an amicable agreement", the investment management firm has removed all listings from the S&P web site because IFAs were either confused by or not aware that the default currency for performance calculations on all offshore and international funds is listed in US dollars, and therefore distorting the fund performance and pricing of its funds. The firm h...