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Fund Strategy back issues
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COMMENT: Better to suffer now than in the long term.
July 6, 2009... Daniel Ben-Ami, Editor
Last week saw the publication of some of the scariest numbers so far in this recession. Britain suffered its worst quarterly fall in GDP since 1958: a year when Harold Macmillan was prime minister and the Soviet Union launched a Sputnik satellite into space. The...
FSA criticised over Keydata move.
July 6, 2009... The Financial Services Authority (FSA) has defended its decision to place Keydata Investment Services into administration.
As news emerged over #103m of missing assets in seven of Keydata's Secured Income Bond funds, the directors issued a statement claiming that the firm was "an...
Ignis plans to set up eight to 10 joint ventures.
July 6, 2009... Ignis Asset Management will press ahead with plans to create 8-10 joint ventures, despite terminating its Maia Capital Partners boutique last week. Jonathan Polin, the group's sales and marketing director, says another partnership will be announced later this summer.
Maia will be wound...
Investor interest sees Neptune market fund.
July 6, 2009... Neptune Investment Management has begun marketing the Emerging Markets fund it launched in September owing to investor interest.
Traditionally, Neptune allows a fund to build up a one-year track record before widely launching. However, owing to performance and returning investor appetite...
IN BRIEF: Fidelity fund gets new share class.(Brief article)
July 6, 2009... Fidelity has added a retail share class to its European Equity fund, branded Europe Long Term Growth. The asset manager says the share class will give investors access to firms in Europe outside of Britain.
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