Selectors are right to give Cook time August 17, 2010 ALASTAIR COOK is clearly lacking in confidence at the moment but the England selectors are right to keep faith with him. He is struggling to make his mind up which deliveries to play and which to leave, and the ones he is playing he is doing so with hesitancy. But upsetting the applecart now, with [...]
Ferguson blasts rivals for kamikaze spending sprees August 17, 2010 MANCHESTER United boss Sir Alex Ferguson has launched a thinly-veiled attack on Manchester City by accusing some Premier League clubs of “kamikaze” spending. Ferguson did not mention the Sheikh Mansour-backed Eastlands outfit by name as he railed against mega-rich owners splashing their millions with little restraint. But it is widely believed he was referring to [...]
Mancini finally signs Milner and defends ‘rebel’ Balotelli August 17, 2010 MANCHESTER City manager Roberto Mancini insists Mario Balotelli does not deserve his notoriety and has backed the Italian prodigy to take England by storm. Mancini introduced Balotelli to the press yesterday, after finally landing Aston Villa’s James Milner and letting Craig Bellamy join Cardiff on loan. Balotelli, 20, was quick to dismiss the reputation he [...]
Anelka’s international career in tatters with 18-match ban August 17, 2010 NICOLAS ANELKA was last night hit with an 18-match international suspension by the French Football Federation for his involvement in France’s World Cup debacle. Les Bleus’ campaign descended into farce after Chelsea striker Anelka was sent home following an altercation with coach Raymond Domenech, prompting the rest of the squad to go on strike. The [...]
Mourinho gets his man as Ozil joins for £12m August 17, 2010 JOSE MOURINHO yesterday added to his star-studded list of Galacticos at Real Madrid by completing the signing of German World Cup star Mesut Ozil. The 21-year-old is to undergo a medical at the Bernabeu today after agreeing to move from Werder Bremen for a €15m (£12.6m) fee. Ozil, also a target for Manchester United, established [...]
Investors should look East if they want strong yields August 17, 2010 FIXED income is at a cross roads. While yields on G3 government bonds continue to fall to record lows, investors are left in a quandary: put up with low yields because these are the “safest” bonds in the world, or sell their stakes and move into the higher-yielding debt of emerging markets. Since the onset [...]
EMERGING MARKET DEBT FUNDS August 17, 2010 ABERDEEN GLOBAL – EMERGING MARKETS BOND FUND Launched in August 2001, this fund is managed by Aberdeen’s emerging markets bond team and has $531.1m in assets under management. It aims to create long-term total return by investing in fixed interest securities issued by emerging market firms and government-related bodies. It is a Luxembourg-domiciled SICAV with [...]
FUND MANAGEMENT NEWS August 17, 2010 MORE DISCLOSURE FOR PERFORMANCE FEES This was the recommendation made by Lipper, the independent fund research company. It conducted a survey looking at whether performance fees actually help align the interests of fund managers and investors. It found that two-thirds of UK funds can charge a performance fee if they beat a falling benchmark. Lipper [...]
FOREX HAS A NEW ORDER August 17, 2010 IT WAS not so very long ago that the dollar was firmly in favour among currency traders seeking a safe haven from UK political upheaval and the sovereign debt turmoil in the Eurozone. But now the greenback is struggling too thanks to a raft of poor economic data, fears of a double-dip in the American [...]
EURO FEARS MAY WELL BE OVERBLOWN August 17, 2010 DIRECTOR OF CURRENCY RESEARCH, GFT AS TRADING in the currency markets slows to a trickle during the last few weeks of summer and thoughts turn to the beaches of St Tropez and the Hamptons rather than the latest piece of economic news, don’t be fooled by the lull in volatility. Underneath the placid price action [...]
