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Industry / Financials

Ohio sues three ratings agencies

The top three US credit ratings agencies are accused of 'wreaking havoc' on US financial markets by providing inflated ratings and costing state funds hundreds of millions of dollars
FT Sat, 21 Nov 2009 00:23:26 +0000

ASB urges bond pensions benchmark

Company pension liabilities should be discounted by an interest rate equal to that on risk-free government bonds
FT Fri, 20 Nov 2009 23:08:45 +0000

Asset price rally spurs Gartmore to action

The fund manager is hoping that this year's robust growth figures will prove attractive to investors, but all bets will be off if the market slips into reverse
FT Fri, 20 Nov 2009 22:41:09 +0000

Distribution reform plans not enough

The Financial Services Authority should abandon proposals under its retail distribution review to ban commissions and replace them with adviser charging, instead, commissions should be capped
FT

Sarasin goes big on equities

Burkhard Varnholt says Sarasin is taking a contrarian view and has doubled its equities exposure and implemented a 'sustainability filter'
FT

Soul-searching has much further to go

Truly responsible asset management means much more than having a desire to create and foster good governance at investee companies
FT

Mixed picture on property funds

Europe's real estate fund industry increased its assets under management last year, but the picture seems to have soured this year
FT

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