News

Australian QIC has launched two Dublin-based Absolute Return Global Bonds funds - the first a ‘higher risk' UCITS III fund with a 10-12% pa net return objective and the second is a ‘lower risk' UCITS III fund with a cash + 3% pa net return objective....

Alternative exchange traded fund provider, ProShares, has announced the launch of the ProShares Hedge Replication ETF to provide hedge fund exposure without the challenge of hedge fund investing.

The Bank of England made £9.8bn last year on its £200bn "money printing" programme of quantitative easing to prop up the battered UK economy.

Credit Suisse, STOXX and First Trust with new research and offerings

Raings agency Fitch has branded European Absolute Return (AR) funds "prone to performace disappointment" and "mis-selling" to unsophisticated investors.

The Financial Ombudsman (FOS) has put on hold all complaints related to Lehman-backed products sold by Meteor Asset Management while it investigates "a greater issue" around the firm and claims against it.

A 'read-across' of the retail distribution review (RDR) to the protection space remains a possibility and intermediaries must continue to lobby hard to prevent it, an industry consultant said.

The Financial Services Authority (FSA) has issued a warning about an unregulated investment company firm masquerading as part of the Axa group.

Sesame and Bankhall have launched an online client feedback service to network members and directly authorised customers.

Nearly a quarter of employees feel a major impact when colleagues are absent, Aviva UK Health research has shown.