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Kassin welcomes Argentina action

14:59 | 21 Nov 2008 | By Angus Foote, Drazen Jorgic

Emerging market debt star Raphael Kassin backs Argentina's move on pensions and says the country can ride out the current storm - although others won't. Latin America equity manager Katy Dobson also favours the plan but is still steering clear of the country's stockmarket.

Renaud lays foundation for comeback

14:04 | 21 Nov 2008 | By Danielle Levy

Mandarine Valeur manager Marc Renaud believes staying true to his convictions through extraordinary market conditions will help him turn around recent underperformance. 

Huge asset shifts in European equities: Citywire analysis

10:22 | 21 Nov 2008 | By Jonathan Miller

Citywire's Head of Research, Jonathan Miller, looks at how differently the biggest funds in the European Equity sector have been hit during the market meltdown.

BlackRock energy specialist urges long-term view after oil dips below $50

10:10 | 21 Nov 2008 | By Drazen Jorgic

Leading energy fund manager Robin Batchelor blames global slowdown for a fall in oil prices but says long-term outlook is still bright because supply issues have just been sidelined, not resolved.

Gartmore to cut between 60 and 75 jobs

15:32 | 20 Nov 2008 | By Dylan Lobo

Gartmore is the latest asset management group to confirm it will cut its workforce in the dire market conditions.  

Oil dips below $50 while US shares take another beating

15:23 | 20 Nov 2008 | By Nicholas Paler

US shares down again following yesterday's deep falls, as jobs data sends investors running for cover.

AA-rated emerging Europe manager U-turns on Russia

15:22 | 20 Nov 2008 | By Philip Haddon

Following the rapid deterioration of Russia's macro-economic picture in recent weeks, Griffin Eastern Europe manager has slashed his exposure to the country. Indeed the only country where he has an overweight position now is in the Czech Republic.

Update: UK agrees repayment terms with Iceland

10:59 | 20 Nov 2008 | By Nicholas Paler

UK announces pre-financing deal as IMF and European states rally round to provide two-year $5.1 billion loan to cash-strapped country.

Fidelity's multi-manager arm under threat in jobs cull

10:57 | 20 Nov 2008 | By Dylan Lobo

Fidelity International's multi-manager arm, headed by Simon Ellis, faces an uncertain future as the group prepares to axe hundreds of UK staff from its payroll.  

OFI looks to expand alternative expertise with ADI takeover

10:56 | 20 Nov 2008 | By Danielle Levy

OFI Asset Management's assets under management look set to swell to €20 billion after the planned takeover of alternative asset manager ADI.

Sustainable sector hits the big time

10:45 | 20 Nov 2008 | By Drazen Jorgic

The next decade will herald the rise of sustainable investing, according to Christian Werner, the chief investment officer of Sustainable Asset Management.

Lloyds private bank hands Julius Baer large mandate

13:38 | 19 Nov 2008 | By Dylan Lobo

Lloyds TSB private bank has handed Julius Baer a €356 million absolute return mandate.

Italian fund outflows slow

12:35 | 19 Nov 2008 | By Pietro Cecere

The latest figures from Italian asset management association, Assogestioni, show that outflows in the country have continued but at a slower rate.

Energy firms backed to regain their appeal

06:31 | 19 Nov 2008 | By Danielle Levy

Legg Mason Royce Smaller Companies manager Whitney George believes the natural resources sector has the potential to emerge from the recent market sell-off even stronger.

M&G launches new funds in Germany: fund news around Europe

12:24 | 18 Nov 2008 | By David Braid

Borsa Italiana launches new market, only 26% of German fund sales positive in October, M&G launch two new equity funds in Germany, Spanish bank Caja Castilla La Mancha seeks help from rescue package, the major fund stories from around Europe

New Pimco fund to seek global multi-alpha

09:56 | 18 Nov 2008 | By Philip Haddon

Pimco, the world's largest bond manager, has launched a global multi alpha fund which it hopes will show that its expertise is not restricted to the fixed income arena.

Russia specialist blames oligarchs for market collapse

06:41 | 18 Nov 2008 | By Drazen Jorgic

Peter Elam Håkansson says the combination of indebted oligarchs and weak financial system destabilised Russia but highlights the need for long-term view.

Top energy manager goes cold on oil services

06:21 | 18 Nov 2008 | By Danielle Levy

The energy manager currently topping the sector's rankings is expecting the oil price to level around the $70 per barrel mark as Europe fully enters recession. In this environment, he is avoiding oil services and integrated companies.

Corporate bonds bottoming out: fund news around Europe

00:02 | 18 Nov 2008 | By David Braid

80% of Austrian funds post negative results, bond managers claim corporate debt rally on its way, a third of Swedish AUM is lost, French funds lose 16.7%; the major funds stories from around Europe

Japan will cope with recession, says star manager

11:59 | 17 Nov 2008 | By Danielle Levy

Japan may have entered a technical recession, but for top ranked SGAM Japan manager Franck Vivier, the news by no means weakens the investment case for the country.

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