A closer look at the ongoing Westpoint saga in Australia and the US sub-prime seeded credit crunch reveals a number of parallels between otherwise non-related events.
In both instances washed-up bodies continue to litter and taint what had been otherwise pristine investment beaches in their respective markets over …
This year is likely to see plenty happening, or at least being discussed, in the UK financial services and pension market.
London-based CoreData Research has made a few predictions on what we can expect to see in 2008.
Arguments over SIPPS ‘mis-selling’
Large numbers of self-invested personal pensions …
Vanguard Investments reached a notable milestone in the United States last week by becoming the largest managed fund investment group in terms of assets under management.
The Pennsylvania–based manager ousted American Funds – part of Capital Group – as the industry leader after netting a staggering company record …
“It’s not fair!” is the universal cry of unhappy small children, teenagers and sometimes older individuals with a grievance or complaint.
So it will be interesting to see how the soon to be introduced ‘treating customers fairly’ initiative in the UK financial services industry works.
Deciding what is …
If the anticipated population growth of China’s capital, Beijing, is any indication of future prospects in the country then US investment banks Credit Suisse and Morgan Stanley will be smiling this week.
The two groups have secured tie-ups with Chinese securities firms in moves that position them well …
London can be an expensive city to go for a drink in, particularly if you ever find yourself in a trendy nightclub.
But reports that an establishment called Movida, popular with hedge fund managers and other so-called ‘masters of the universe’, is to sell a cocktail at £35,000 …
