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News

ETFs

Source launches volatility ETF in Europe

Exchange-traded product provider Source has launched a volatility-linked ETF tracking the S&P 500 Vix Short-Term Futures Total Return index on the London Stock Exchange.

clock 28 June 2010 •

Economics / Markets

Financial services growth "modest"

The financial services industry grew at the fastest rate since Northern Rock collapsed in the last three months - but the "modest pick-up" in activity was lower than expected.

clock 28 June 2010 •

Your profession

Tenet reveals virtual PDM line-up

Tenet's 2010 virtual professional development meeting will be broadcast live over the internet on Wednesday 30 June.

clock 28 June 2010 •

Economics / Markets

FTSE off to positive start as US bank fears subside

The FTSE 100 has opened in positive territory as investors react with relief to a watered down US financial services reform bill.

clock 28 June 2010 •

Investment

Obama and Cameron: BP 'must not be allowed to collapse'

Barack Obama and David Cameron said stricken oil giant BP should "remain a strong and stable company".

clock 28 June 2010 •

Economics / Markets

G20 puts UK banks under lending pressure; Global levy dropped

UK banks could be under further pressure to curb lending after the G20 drafted rules to force them to bolster balance sheets by as much as £130bn.

clock 28 June 2010 •

Property Investment

F&C launches first open-ended property fund

F&C is launching its first open-end ended real estate fund as its faces losing the mandate for its £617m F&C Commercial Property trust (FCPT).

clock 27 June 2010 •

Your profession

AIFA director general application deadline 12 July

Hopefuls seeking to fill Chris Cummings' shoes as director general of the Association of IFAs (AIFA) have until 12 July to apply.

clock 25 June 2010 •

Wrap/platforms

Intrinsic enters wrap world with IFDL tie-up

Intrinsic Financial Services has selected Investment Funds Direct Limited (IFDL) to power its wrap proposition.

clock 25 June 2010 •

ETFs

Vanguard to offer 19 new ETFs

Vanguard is planning to boost its index-tracker range in the US, with the launch of 19 new index funds and ETF shares.

clock 25 June 2010 •
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