News

Credit Suisse Asset Management has hired Daniel Draper as managing director and head of ETFs.

FSA chief executive Hector Sants will step down in the summer after three years in the role.

Tactical use of ETFs by investors is expected to influence and fuel ETF asset flows through 2010, according to State Street Global Advisors (SSgA).

Legal & General Investment Management plans to merge its £34m Japanese trust into its tracker equivalent, with manager Andrew Nagele and team set to leave the group.

The FTSE 100 opened flat Tuesday after a slump in financial stocks sent the Dow Jones to its first close below 10,000 in three months.

Traders are making record bets against the euro, underlining the mounting alarm over the region's debt crisis.

House prices climbed in January but both buyer and seller interest was hit as a result of the snowy weather, according to the Royal Institution of Chartered Surveyors (RICS).

AWD Chase De Vere's high net worth boutique The Private Office has appointed two partners as the practice marks an impressive first year in business.

Syndicate Asset Management has appointed former Blue Sky Asset Management's Chris Gillam as IFA relationship manager for its wealth management arm Ashcourt Rowan.

Investors are shorting the euro via exchange-traded products (ETP) as they become increasingly risk averse amid the Greek debt crisis, according to ETF Securities (ETFS).