News
Commodities | news 15 Dec 15
Oil price plunge looms large on investors’ minds
The plunge in oil has moved front and centre in investors’ market thinking despite the looming Fed rate decision, experts say. But not all the thinking is negative.
Fixed Income | news 15 Dec 15
Eigen keeps faith with high yield
JP Morgan Asset Management’s Bill Eigen has reiterated his high conviction in the unloved high yield market.
Tax & Regulation | news 15 Dec 15
Threadneedle fined £6m over Gersamia fraud case
Threadneedle Asset Management has been fined more than £6m by the FCA following an attempted fraudulent trade involving a former emerging market debt fund manager Vladimir Gersamia.
Tax & Regulation | news 15 Dec 15
New UK secondary annuities market greeted with caution
The UK financial services industry has cautiously welcomed the government’s plans to extend its pension freedoms and create a new secondary annuities market by giving more than five million people the ability to sell their annuity from 6 April 2017.
MUFG acquires UBS AM’s Alternative Fund Services
MUFG Investor Services, the global asset servicing arm of Tokyo-based Mitsubishi UFJ Financial Group, has acquired UBS Asset Management’s Alternative Fund Services (AFS) for an undisclosed sum.