News

The China Investment Corporation holds $2.4bn in ETFs and is one of many institutional investors to increase usage of these funds, according to State Street Global Advisors (SSgA).

Gross lending by mutuals increased by 36% in March to £1.597m compared to £1.174m in February.

Dow Jones Indexes has launched four new indices within its Required Business Performance range, available as a basis for financial products.

Miners fell sharply this morning on news the Australian government plans to introduce a new 40% tax on resource projects from July 2012.

The Royal Bank of Scotland has listed 10 exchange-traded commodities (ETCs) and five exchange-traded notes (ETNs) on the Xetra exchange in Germany.

Despite rumours that Home of Choice (HOC) had gone into administration last week after the failure of acquisition talks, an 11th hour statement by chief executive officer Gerry O'Brien suggests that the business could still be saved.

Tenet is linking with the IFP to offer advisers who already hold certain qualifications a way of achieving QCF Level 6 without having to sit a formal exam.

Anybody who advises a friend to take out an ISA or gives them a similar tax-saving tip risks a £5,000 fine, experts warned yesterday.

ProShares has released four ETFs in the US providing two times leveraged exposure to indices covering Europe, Pacific ex-Japan, Brazil and Mexico.

After the €110bn bailout of Greece on Sunday, IFAonline brings you a timeline of the country's economic turmoil in 2010.