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Archive for October, 2007Merrill hit with shareholder lawsuit over subprimePosted by UK Money News
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31Oct 07 An investor filed a lawsuit against Merrill Lynch & Co on Tuesday, contending the company issued false and misleading statements about its exposure to risky mortgage investments.
Read full story Schroders third quarter profit upPosted by UK Money News
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30Oct 07 Fund manager Schroders posted a higher-than-expected 53 percent rise in third-quarter profit on Tuesday, helped by sales of higher margin products, but said the market environment would become more challenging.
Read full story Comments Off Prudential launches Hong Kong fundsPosted by UK Money News
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30Oct 07 Insurer Prudential said on Tuesday it had entered the Hong Kong retail fund market with the launch of four products, as it looks to increase the percentage of assets it sources from Asia's retail investors.
Read full story Comments Off CORRECTED: Prudential launches Hong Kong fundsPosted by UK Money News
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30Oct 07 Insurer Prudential Plc said on Tuesday it had entered the Hong Kong retail fund market with the launch of four products, as it looks to increase the percentage of assets it sources from Asia's retail investors.
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