Optimism in the eurozone improved significantly over the past month as 45% of investors stated they expected the economy to strengthen over the coming year, compared to 24% in May.
Category: News
Fidelity offers quid pro quo deal for fund groups
Fidelity Worldwide Investment has unveiled details of a new fund partnership programme, Access, which will see it deliver a new range of services for its fund partners in return for the best terms.
Taper tantrums and the Fed’s future under Yellen
It’s clear Janet Yellen faces challenges ahead at the Fed, on a personal level as well as professional one with commentators already looking to get a handle on who she is and what she stands for, and getting the nicknames ready.
Threadneedle to enter Malaysia with Islamic funds
Eyeing the growing opportunities in the Islamic investment space, Threadneedle Investments today announced its foray in the Malaysian market with plans to offer Shariah-compliant products.
EM heavyweight Mobius taken down
Take two monumentally respected fund managers, managing two equity regions equally mistrusted by investors, and get them to fight to the death.
Chinese managers lobby against foreign investors
Mainland China’s fund groups have clubbed together to lobby Beijing against expanding the renminbi qualified foreign institutional investor (RQFII) scheme, according to reports.
Flab 2 asset allocation funds in Singapore
Financial LAB is moving its products into the South East Asian market, registering two specialised investment funds for sale to accredited investors in Singapore.
Legg Mason closes down EM specialist
Baltimore-based Legg Mason has chosen to wind down boutique subsidiary Esemplia Emerging Markets‚ which had about $500m in assets and employed 25 people.
Wells Fargo AM increasing subfunds in Singapore
Wells Fargo Asset Management has made many of its sub-funds available in Singapore for the first time through two of that country’s largest third-party mutual fund distribution platforms: iFAST and PhillipCapital.
Henderson hires new head of retail for Singapore
Henderson Global Investors has appointed Wong Hur Ming as head of retail sales, Singapore.
