Finance and investment news alert

Please click on the title for the full article.
Follow this link for news alerts on other subjects

Updated 18 May 2012

15 May 2012
JP Morgan losses: Trust is the first casualty of VaR
The effects of JP Morgan’s shock $2bn loss in its Chief Investment Office are likely to be felt far beyond the bank. At the very least, it has shattered an already fragile trust in the industry. It may also be the nail in the coffin for traditional measures of risk. (Euroweek)
--------------------------------------------------------------------------------

10 May 2012
PwC: UK investment funds in line for €20bn tax rebate
The European Court of Justice (ECJ) has ruled that foreign investment funds that invest in French companies should not be liable to pay a discriminatory withholding tax on dividends. (PwC)
--------------------------------------------------------------------------------

09 May 2012
FoF and ethical fund sales fall as trackers win inflows
Net tracker fund sales reached record highs in the opening quarter of the year, although funds of funds and ethical funds witnessed a fall in popularity. (Money Marketing)
--------------------------------------------------------------------------------

02 May 2012
GAD Market and Economic Review available
April issue now published. (Full text pdf)
--------------------------------------------------------------------------------

27 April 2012
FSA crackdown on life settlements ‘could trigger compensation claims’
The FSA’s decision to restrict the sale of traded life policy investments (TPLIs) looks likely to spread to other alternative investments, according to a law firm and life settlement trade body. (IFA Online)
--------------------------------------------------------------------------------

19 April 2012
Hargreaves Lansdown reveals surge in assets to £26bn
Assets reach record level following £2.6bn uptick in first three months of the year on the back of strong inflows. (FT Adviser)
--------------------------------------------------------------------------------

18 April 2012
Expert warns FSA projection rates tantamount to mis-selling
Odds of attaining even the lowest bracket of return are statistically zero, Cass Business School director argues. (FT Adviser)
--------------------------------------------------------------------------------

11 April 2012
Fund launches at lowest level in five years: Lipper
The number of fund launches in Europe reached its lowest level in five years in 2011, Lipper research has found. (FT Adviser)
--------------------------------------------------------------------------------

29 March 2012
Complaints rise over poor performance of ‘zombie funds’
Fos data show 42 per cent rise in life and pension claims, with 10 firms accounting for close to half of all complaints. (FT Adviser)
--------------------------------------------------------------------------------

29 March 2012
FSA warning on bribery rules
Regulator has visited 15 firms, including eight major global investment banks, to examine how firms mitigate bribery and corruption risk. (FT Adviser)
--------------------------------------------------------------------------------

28 March 2012
Bank of England Quarterly Bulletin Q1 2012
Britons need to save more and work longer in future.
--------------------------------------------------------------------------------

23 March 2012
Just 13 funds outperform each year of past decade, Lipper finds
About two-fifths of Europe’s actively-managed equity funds are able to beat their benchmark in any given year, according to research by Lipper. (Money Marketing)

Disclaimer:
These news stories do not represent the Profession's views. They are collected using general website search techniques.