United Kingdom | 24 Apr 13
Barclays Herculean task
Barclays first quarter profits have been hit by its restructuring programme, falling 25% to £1.8bn.
axa to buy 50 stake in chinese insurance firm
Axa has agreed a deal to buy 50% of a property and casualty insurance company in China which it says has “strong direct capabilities”.
specialist offering exploits lack ucits mena bond
Five weeks after its launch, the investment arm of the National Bank of Abu Dhabi’s MENA bond fund is now fully invested in a spread of government and corporate bonds with an average credit grade between AA- and BBB.
summer slumps are blue moon occurances
Investors taking a summer holiday from the market last year would have missed out on returns of 4%, while summer sell-offs and their resulting slumps have been few and far between over the longer term, according to Bestinvest research.
Retirement | 23 Apr 13
praxis launches malta based pension range
Financial services group Praxis has launched a range of pension products through its Malta subsidiary.