News

Hedge funds are well positioned to benefit from economic turmoil and profit from distressed opportunities, F&C Partners says.

Kleinwort Benson and Dresdner Kleinwort have launched a dollar version of the Gresham US Accelerator fund.

Office property investors hit; US funds bailed out to stem losses; LSE claims top spot for global flotations

The Professional Oversight Board has expressed significant concerns about the Actuarial Profession's plans for a new Actuaries' Code.

Fund managers saw net institutional outflows of UK domiciled funds of £891.1m in November, latest Investment Management Association figures show.

DISCUSSIONS between BAA and unions aimed at avoiding industrial action in the New Year have ended without agreement.

THE FINANCIAL Reporting Council has launched a consultation on two possible changes to the combined code on corporate governance.

UK - Air travellers face New Year chaos as BAA staff voted in favour of strike action over the closure of its final salary pension scheme to new entrants.

UK - Aberdeen Asset Management (Aberdeen) has announced it has entered in to an agreement with Germany's Dresdner Bank to acquire DEGI, a Germany-based property investment management company in a deal worth €110m.

Rolls-Royce bumps up pension scheme; Equitable eyes £7bn fund sale; Friends Provident imposes restrictions; Call to avert airport strikes