News

GAM has appointed former T. Rowe Price and BlackRock manager Niall Gallagher as the replacement for John Bennett on two long-only European equity funds.

BMO Financial Group has released nine ETFs on the Toronto Stock Exchange, offering exposure to fixed income, financials, equities and basic resources.

Advisers' fundamental lack of understanding of how structured products work and their suitability for different clients has been identified by the FSA as a key factor behind inappropriate sales of Lehman-backed products to consumers.

Swip's Rory Hammerson, manager of its Pan-European Equity, Smaller Companies and SRI funds, has departed the group after more than 12 years.

Van Eck has filed with the Securities and Exchange Commission for an ETF offering access to small-cap companies in India.

Barclays Wealth has released a range of portfolios comprising ETFs in the US, combining active asset allocation with passive investments.

Fears current professional qualifications will become redundant post-2012 and uncertainty about new qualifications remain widespread, according a debate chaired by The Personal Finance Society (PFS) today.

Three adviser firms have been referred to the FSA's enforcement division over failings relating to Lehman-backed structured product sales.

George Osborne's call for emergency measures to force bankers to take the bulk of their Christmas bonus in shares has been greeted with ridicule.

AIFA has issued a stark warning the costs of the RDR proposals risk the financial stability of many adviser firms, already suffering from the impact of the recession.