FTfm: BlackRock to cull 250 funds, Railroad predicts futur...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/8P1R88/JQVOUV/WL8VOXD/XTKJOM/   FT.com/ftfm Sunday June 23 2013 Financial Times - FTfm   BlackRock to cull 250 funds The fund manager plans to focus on products that account for a higher proportion of revenues, and has closed 250 funds this year, leaving 3,000 vehicles http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/SUX5XL/ZH/h?a1=2013&a2=6&a3=23   Railroad predicts future of US shale oil Don't believe the energy-independence chatter from business news cheerleaders and US negotiators about the shale oil miracle, warns John Dizard http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/T1K4K7/ZH/h?a1=2013&a2=6&a3=23   Bolton: he came, he saw and went again Fidelity's legendary manager came out of retirement but has failed to replicate his stellar UK record in Hong Kong, writes Chris Newlands http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/7ZUNUI/ZH/h?a1=2013&a2=6&a3=23   Blowing some froth off Abenomics A huge balance-sheet cash cushion has sapped animal spirits and must be partly responsible for the loss of competitiveness in Japan, says John Plender http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/ULDWDG/ZH/h?a1=2013&a2=6&a3=23   Saving for retirement is losing game says investors' group EuroFinuse, an investor lobby group, is calling for urgent action to reform pension provision in Europe, as high charges and taxes destroy value http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/XBEDE5/ZH/h?a1=2013&a2=6&a3=23   Fund industry backs pay overhaul A CFA survey of 750 investment professionals shows they are keen to modernise remuneration, although few back a 'bank-style' bonus cap http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/LSACAL/ZH/h?a1=2013&a2=6&a3=23   Red dragon slays Fidelity's Bolton The retiring star manager is still positive about China despite his rocky tenure in Hong Kong and insists it is the most interesting thing he has done http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/YGQYQC/ZH/h?a1=2013&a2=6&a3=23   'Green' bookkeeping reveals real costs The ability of the private sector to externalise costs is waning as the hidden impact of environmental and social damage on business becomes clear http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/XBEDEG/ZH/h?a1=2013&a2=6&a3=23   Regulatory glut hampers fund growth A KPMG report finds that rigid and often contradictory rules in different countries are preventing fund houses from expanding into new markets http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/YGQYQO/ZH/h?a1=2013&a2=6&a3=23   Go private for profit in Africa Listed equities do not offer good exposure to the continent's booming consumer sector, and stock markets suffer from a lack of liquidity http://link.ft.com/r/8P1R88/EK123B/XTKJOM/EX5B45/XBEDEM/ZH/h?a1=2013&a2=6&a3=23   Exchange Traded Funds ETF providers reject 'stress' reports Serious health warnings needed for some ETFs Doubts over value trigger rise in equity index funds Vanguard's ETF gamble is already showing signs of paying off Video FTfm Bond investors beware Salman Ahmed, a global bond strategist at Lombard Odier Investment Managers, considers how much investors should worry about the precarious state of fixed-income markets and the possible strategies they could adopt to reduce risks to their portfolios. Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..