Asset concentration on platforms across europe
The UK, France and Spain are the only markets in which the top three fund groups by size account for less than 50% of total fund assets, according to a study conducted by The Platforum and supported by Schroders.
cyprus tense as bailout plan
Cyprus was reported to be tense Tuesday evening, as a day of angry demonstrations ended with news that lawmakers had rejected a controversial “bailout” plan.
Mobius to run Shariah-compliant Asian equity fund
Mark Mobius is lined up to manage a Shariah-compliant Asian Growth Fund, one of a trio to be launched by Franklin Templeton.
that cfa institute statement
Yesterday, we reported that the CFA institute had drawn up a new Statement of Investor rights. Today, we unveil it in its entirety…
Australia’s LMIM in administration
LM Investment Management Ltd, an Australia-based fund manager with assets under management last year of as much as A$3bn($3.1bn), has been placed into voluntary administration, International Adviser has learned.