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Early Facebook mutual fund buyers still in money
(Reuters) - Fidelity Investments and other big mutual fund families that were early backers of Facebook Inc are likely still winners despite the social network's troubled stock market debut. Facebook shares were priced at $38 (24 pounds) per share in its initial public offering on Thursday. Despite an initial bump in their market debut on Friday, the shares fell on Monday, closing down 11 ...
uk.news.yahoo.com
Funds eye explosive growth in Latin America
The region’s total of $2.2 trillion in assets under management is forecast to reach $6 trillion in 2020, according to consultancy Strategic Insight. This will comprise roughly $3 trillion in pension funds and $3 trillion in local mutual funds.
www.efinancialnews.com
Funds with Facebook hammered as proxy by shorts
By Ross Kerber (Reuters) - Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week. Firsthand Technology Value Fund and GSV Capital ...
uk.finance.yahoo.com
Fidelity launches two new stock funds to tap global dividends
BOSTON (Reuters) - Fidelity Investments has tapped one of its up-and-coming portfolio managers to run two new mutual funds geared toward finding companies around the world that have stable cash flow and a willingness to pay dividends.
www.reuters.com
Old Mutual PLC - Interim Management Statement
10 May 2012 Old Mutual plc Interim Management Statement For the three months ended 31 March 2012 Business improvement continues · Funds under management in core operations up 6% to £284.2 billion · NCCF ...
uk.finance.yahoo.com
As funds flee, India's pain is Southeast Asia's gain
By Nishant Kumar HONG KONG (Reuters) - Southeast Asian nations are swallowing an outflow of money from India, as foreign investors lose patience with its policy paralysis and slowing growth and aim instead ...
uk.finance.yahoo.com
Vanguard lists five ETFs in London
Low-cost fund provider Vanguard Asset Management listed five exchange traded funds (ETFs) on the London Stock Exchange this morning.
www.moneyobserver.com
Old Mutual PLC - Old Mutual Annual General Meeting
Ref 37/12 10 May 2012 Old Mutual Annual General Meeting The 2012 Annual General Meeting ("AGM") of Old Mutual plc will take place this morning at 11.00 am BST at Old Mutual's office at Old ...
uk.finance.yahoo.com
Old Mutual PLC - Completion of the sale of Dwight Asset Management
Ref 40/12 15 May 2012 Old Mutual plc Completion of the sale of Dwight Asset Management Further to the announcement on 7 February 2012, Old Mutual is pleased to announce that it has today completed the ...
uk.finance.yahoo.com
Govt snubs mutual and diversity rule
Government votes down amendment to Financial Services Bill aimed at placing pledge on mutuals in regulatory set-up.
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