News

PIMCO has appointed JP Morgan to offer five of its US-registered ETFs on the international segment of the Mexican Stock Exchange, Bolsa Mexicana de Valores (BMV).

Former chairman of the Investment Management Association (IMA) and previous chief executive of F&C Asset Management Robert Jenkins has been appointed as an external member of the interim Financial Policy Committee (FPC).

Friends Life has announced some jobs may be at risk as it closes its Basingstoke office and consolidate its two Manchester offices by the end of 2012.

SVM Asset Management's Colin McLean believes the cost of trying to maintain the Eurozone might prove too much for the voters of Northern Europe.

A mortgage broker who tried to sue the Financial Services Authority (FSA) for £1.67m has had his libel case thrown out by the High Court.

Those looking to maximise returns in the first half of the year should have parked their money in Eastern European equity markets such as Hungary and the Czech Republic, according to data from S&P's.

The fund has been registered for sale as a Restricted scheme under Singapore regulations meaning it is only available to accredited investors.

Large numbers of care home residents who are presently private payers will be drawn within the ambit of local authority payment, Laing & Buisson has warned.

Stakeholders within the life assurance market need to work together to tackle the ongoing problem of cancellation and persistency rates, a national IFA has urged.

The International Centre for Financial Regulation (ICFR) says further assessment of the potential risks from ETFs needs to be considered.