Investors who lost out to US fraudster Madoff cannot sue direct, court decides PDF Print E-mail
News - Banking
Written by Ray Clancy   
Monday, 08 March 2010 09:36

Individual investors who lost money to fraudster Bernard Madoff in a fund set up by Swiss bank UBS cannot sue direct and must go through the official liquidators, a court has decided.
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UK stocks worth owning, according to wealth bulletin and equities also being talked up by experts PDF Print E-mail
News - Funds
Written by Ray Clancy   
Friday, 05 March 2010 09:53
UK stocks are worth owning and investors should stay overweight in equities and hedge rather than restructure, their portfolios prior to the forthcoming election, according to Barclays.
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UK and Europe interest rates remain unchanged but uncertainty remains among market watchers PDF Print E-mail
News - Banking
Written by Ray Clancy   
Friday, 05 March 2010 09:51
The decision by the Bank of England to leave UK interest rates unchanged at a record low of 0.5% will not get rid of uncertainty in the markets and mean that it is savers who continue to be worse off financially.
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Isle of Man launches consultation over new fund regulations PDF Print E-mail
News - Funds
Written by Ray Clancy   
Friday, 05 March 2010 09:47
The Isle of Man is to change its fund regulations so that it can maintain equivalence with the requirements of the UK’s Financial Services Authority.
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Modest gains for global hedge funds in February, report reveals PDF Print E-mail
News - Funds
Written by Ray Clancy   
Friday, 05 March 2010 09:47
Global hedge funds posted small gains in February as many prominent managers steered clear of stocks and bet against Europe’s common currency, according to analysts.
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