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five funds it pays to hold
Funds from a cross section of sectors have produced consistent top quartile performance over the past five years, with two UK equity funds in the ranks.
axiom legal fund report reveals misuse of funds
A report from the receivers of the Axiom Legal Financing Fund has revealed for the first time the full extent of concerns over the fund’s underlying investments.
global hedge fund aum reaches record high
Long/short equity and macro hedge funds attracted the highest proportion of industry asset flows in May, gaining an aggregate $6.4bn as a result of the prevailing assumption the strong run in equity markets is to continue.
firstrand launches international asset
South Africa based FirstRand Group is launching a new international investment arm, using the established name of its Jersey subsidiary Ashburton.
bond funds battered by qe3 doubts
A record number of bond fund redemptions took place internationally during the first two weeks of June following concerns that the US Federal Reserve is preparing to exit from its current quantitative easing programme.