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Tag: fund
Fund managers 'overcharge investors'
2014-09-26 07:37:23| BBC News | Business | UK Edition
One of the country's most successful fund managers, Neil Woodford, criticises his industry for charging customers too much, and paying its managers too much.
Tags: fund
managers
investors
overcharge
France pledges $1bn to Green Climate Fund
2014-09-24 16:05:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The French government has pledged to give $1 billion (610m) to help developing nations in their efforts to adapt to and prevent climate change. Announced at a UN summit in New York on Tuesday, the donation means wealthy nations have now committed $2.3 billion (1.4bn) to the Green Climate Fund (GCF). However, campaigners have warned that the GCF, which is topped up by wealthier nations to help poorer nations tackle climate-related challenges and develop low-carbon economies, remains seriously...
Tags: france
green
fund
climate
Pimco fund probed by US authorities
2014-09-24 15:31:09| BBC News | Business | UK Edition
An investment fund run by financial giant Pimco, is being investigated over allegations that managers inflated returns.
Tags: fund
authorities
probed
pimco
Cadillac ditching Detroit for New York: 'There are more hedge fund billionaires in NYC'
2014-09-24 00:08:16| Automakers - Topix.net
General Motors ' 112-year-old luxury car division, founded in Detroit and named for the city's founder, is moving its headquarters to New York . Cadillac , which has been steadily losing sales to its German rivals, wants to get closer to its ideal buyers.
Jimmy Choo unveils London IPO to fund Asia expansion
2014-09-23 14:20:31| Apparel - Topix.net
Shoemaker to the stars Jimmy Choo unveiled plans Tuesday for a London stock market float valuing it at up to A 800 million to fund expansion in Asia. The company said in a statement that its owner, investment firm JAB Luxury, has agreed to float a 25-percent stake in a partial initial public offering on the London Stock Exchange next month.
Tags: london
asia
fund
expansion
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