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Turning point for US mutual fund fees
...mutual fund industry, Harris v. Jones is "the most important...he adds.The past year's market turmoil significantly raises...lower court.The case, Gallus et al. v. Ameriprise, centres on...compliance and legal costs. Marketing and distribution costs are...
Ebay site crashes due to surge in listings
Ebay became a victim of its own success at the weekend after a surge in the number of items for sale caused the world's
When too much information harms the office
Traditional management is over. The internet has killed command and control. Now that everyone can analyse and ridicule
Mixed picture on property funds
...falling assets, lower fees and declining profitability, irrespective of the strong recovery in parts of the European property market since the summer.Assets under management rose 5 per cent in 2008 as net inflows of 4 per cent and increased leverage of 8 per...
Microsoft and News Corp eye web pact
...Corp Europe and Asia, hinted last week that the company was making progress with its online plans. "We think that there's a very exciting marketplace, potentially a wholesale market place for digital journalism that we'll be developing," he said
Goldman's lost glister
...time when more than one in 10 Americans is unemployed. Below: A delicate...As Guy Moszkowski, a Bank of America analyst, asked Mr Blankfein...reliance on flighty capital markets, rather than deposits, for...rigorously marks its positions to market every day, logging its holdings...
Vivendi sees underlying profits up 10.3%
...that excludes the release of its latest blockbuster, Call of Duty: Modern Warfare 2, which sold a record 4.7m copies in North America and the UK on its release on Tuesday.Philippe Capron, chief executive, said the phenomenal launch meant that Vivendi was "confident...
Time for reality check on the deal market
...funds, desperate to kick-start the M&A market, call each other, fast-fowarding the rumour...information is the diamond dust that makes markets sparkle. And there's nothing wrong with...credit rating.That is the best check the market could hope for when it comes to controlling...
VW takes a new DC route
...to miss out on any upturn in the equity market, but equally we wanted to make sure they...risk from any further downturn in the markets." The development comes at a time of increasing...equity allocations prior to the recent market downturn. Research by the National Association...
Sarasin goes big on equities
Market fears that a "bubble" is developing in global equity markets are totally misguided, says Burkhard Varnholt, chief investment...but they did not present an acute challenge to financial markets any time soon, he says.To hedge against the possibility...
