Middle East | 25 Jun 13
principal global investors distribution head
Principal Global Investors has named Gaurav Kumar as head of funds distribution for the Middle East.
ten worst performing funds to think about ditching
One of the UK’s leading execution-only brokerages has revealed the worst performing UK-domiciled funds over the past few years.
moodys downgrades hk banking system
Moody's Investors Service has downgraded the outlook for Hong Kong's banking system to negative from stable, citing its "concerns regarding persistent negative real interest rates" and the institutions' "growing exposures to Mainland China".
former lm salesman describes moment firm
A former salesman for failed Australian fund company LM Investment Management has described the moment he and his colleagues received the news the firm was going into administration as a "horrendous shock".
Middle East | 25 Jun 13
hsbc reported shutting small business
HSBC has told an undisclosed number of small and medium-sized enterprises in the UAE that they must close their accounts, a Gulf media organisation is reporting today.