The worst of Europe’s debt crisis has passed and there will be no problems implementing measures agreed at the December 9 European Union summit, according to Francisco Gonzalez, president of the BBVA banking group.

Ucits registered net outflows of €30bn in October, reflecting exits from long-term Ucits and money market funds, though this was less than September’s €49bn, according to the latest investment fund industry fact sheet from the European Fund and Asset...

News from Alliance Trust, Threadneedle, Anello AM, Systematic Alpha, Investec, Muzinich & Co, Esma

A positive outcome at this week’s European Union summit will help Portugal’s asset management industry, though it will still face many problems, said Paulo Gonçalves, asset coordinator at Banco Popular in Lisbon.

The International Monetary Fund (IMF) has completed its fifth review of Greece’s economic performance and approved the immediate disbursement of SDR1.9bn (about €2.2bn) in financial aid. This brings total IMF financing under a stand-by programme for Greece...

The past year's financial turmoil has intensified competition across Spain’s asset management industry as companies fight for a share of a diminishing wealth market, with both local and international asset managers under pressure.

News from Polar Capital, SYZ & CO, Natixis Global Associates, Cheyne Capital, Fitch, iShares

The Spanish economists association (CGCEE) has launched EAFInforma, a new publication to cover developments in the independent financial advisory industry.