Mercer strips Pimco funds of top rating

Consultant’s downgrade triggers review by UK pension fund client

Editor’s choice

epa04168827 A Tesco supermarket sign is pictured in London, 16 April 2014. Britain's biggest retailer Tesco posted a 6 percent fall in annual profit. EPA/FACUNDO ARRIZABALAGA ©EPA
Critics say a range of other factors must also be used to assess managerial performance
NEW YORK, UNITED STATES: World Chess Champion Garry Kasparov (L) makes a move 07 May in New York during his fourth game against the IBM Deep Blue chess computer. The monitor at right transmits the computers' move to an IBM scientist who moves the pieces on the board. The match score is tied at 1.5 to 1.5, each side with a win (one point) and a draw (which counts as one-half point) in the six-game match. AFP PHOTO/Stan HONDA (Photo credit should read STAN HONDA/AFP/Getty Images) ©AFP
Successful investing is about being different, about being better than your competition

Gross exit from Pimco tests bond market

Fund redemption fears rise, but patient investors may be rewarded

Alibaba plans HK version of Yu’E Bao fund

Chinese money market fund pays high rates on renminbi deposits

EU to revisit money market fund reforms

Rapporteur looks for solutions to protect industry and taxpayer

Warning on bond risk to euro area

European regulators warn about the potential dangers posed by bond funds

Google study heightens fund industry fears

Industry sees search engine research into market as ‘real threat’

Do executive pay metrics skew priorities?

Critics say range of factors must be used to assess performance

US policy blocks infrastructure investment

Political paralysis in capital deters private capital

Anger at Sipp and Isa transfer delays

New electronic system should expedite process

Shanghai eyes looser FTZ capital controls

‘Stress tests’ on impact of increased fund flows to be conducted

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