Europeans pay more for their funds: Lipper research
Europeans pay more for their investment funds than US investors do, owing to higher distribution fees and other costs, according to a report by Lipper FMI, the funds research organisation.
HSBC to offer banking services in IoM Post Offices
HSBC is to provide local banking services in Post Office branches in five locations on the Isle of Man, the Isle of Man Today website reports.
ALIL and Bradford & Bingley Intl name new directors, post 20% deposit growth
Alliance & Leicester International (ALIL) and Bradford & Bingley International (BBIL) have appointed two new directors to their boards, in what appears to be the clearest sign yet that their parent, S
Aberdeen Asset Management establishes office in Sao Paulo
Aberdeen Asset Management has established an office in Sao Paulo, Brazil, and is moving its emerging markets equities investment manager, Nick Robinson, there to head it up.
Threadneedle completes Sicav restructuring ahead of international push
Threadneedle, the UK fund manager, is to extend its distribution into new Asian and European markets following completion of the restructuring of the World Express Sicav fund range.