UK funds hold assets worth more double national GDP
UK investors are Europe’s biggest users of collective investment funds, with British asset managers holding the equivalent of more than twice the country’s GDP in assets under management at the end of
Major US employment agency opens Dubai office
Robert Half International, a New York Stock Exchange-traded American staffing giant, has opened an office in Dubai, just as many laid-off US and UK financial services executives are contemplating foll
EFAMA urges European fund managers to rise
The head of the main European fund management association called on EU fund houses to rise to the challenge of rebuilding investor trust and offering innovative products to appeal to risk-wary investo
Offshore bond industry may get budget boost
Trustees are being urged to make greater use of offshore bonds ahead of a 10% hike in both their UK income and dividend tax rates from April 2010.
Luxembourg funds industry slumps for first time
Assets under management in Luxembourg funds dropped for the first time in 2008, according to data provider Lipper.