Industry News

Manager Moves & Views

MOVES-Citigroup, PGGM, ACE, Virgin Money 3:00pm GMT

(Reuters) - The following financial services industry appointments were announced on Thursday.  Full Article

 

Hedge Funds

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Hedge funds in EU will be regulated 9:21am GMT

BRUSSELS (Reuters) - Hedge funds in the European Union will be regulated following a public consultation that is currently underway, a senior EU official said on Wednesday.  Full Article

 

Investment Trusts

Morgan Stanley prime broker woes seen lasting Friday, 24 Oct 2008

NEW YORK (Reuters) - Morgan Stanley survived the recent panic in financial markets, but its prime brokerage business may never fully recover.

  Full Article

 

Life & Pensions

Ireland monitors pensions after collapse report Monday, 1 Dec 2008

DUBLIN (Reuters) - The Irish government said on Sunday it is closely monitoring the state of pension funds and is preparing long-term plans for the sector, after a newspaper reported the government expects some schemes to collapse.  Full Article

 

Fund Features

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Clock ticks for sovereign debt markets Monday, 1 Dec 2008

NEW YORK (Reuters) - Timing is everything for fund managers still betting government debt yields can go lower, or for those temporarily hiding out in those markets and waiting for treacherous selloffs in corporate debt and stocks to abate.  Full Article

 
Currency
US $ inGBP =0.6790
Euro inGBP =0.8679
¥en inGBP =0.0073

Commodities

Commodity Last Pct Chg Trade Date/Time
Oil 42.23 -7.60% 4 Dec 20:02 GMT
Gold 762.0 -0.85% 4 Dec 20:07 GMT