FTfm: MEPs block curbs on fund managers’ pay, Lloyd’s of L...

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/M2ZOXX/OF53W5/C5D9I1T/26QPAK/   FTfm Wednesday July 03 2013 Financial Times - FTfm   MEPs block curbs on fund managers' pay Controversial proposal to limit variable pay as a proportion of salary voted down by a majority of seven in the European parliament, much to the UK's relief http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/IEVR5M/D5/h?a1=2013&a2=7&a3=3   Lloyd's of London chief resigns Ward to quit the historic insurance market he set out to modernise at the end of the year http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/YG9C33/D5/h?a1=2013&a2=7&a3=3   US state pension funds urged to index US state pension funds could save billions of dollars and make better returns if they used low-cost index funds http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/Z8SVP1/D5/h?a1=2013&a2=7&a3=3   Investors pull $9.9bn from Pimco fund The monthly outflows in June are the largest ever for the 26-year old fund, exceeding the $6.7bn pulled by investors in December 2010 http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/7Z1W6A/D5/h?a1=2013&a2=7&a3=3   Guy Hands pulls German property float Decision to cancel IPO, which was expected to raise €1bn and value the landlord at €11bn, is a blow to the British private equity financier http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/87LXO7/D5/h?a1=2013&a2=7&a3=3   Olympus ex-chairman gets suspended sentence Tsuyoshi Kikukawa and two other former senior executives receive suspended sentences for their roles in the $1.7bn accounting fraud at Japanese group http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/52P5BO/D5/h?a1=2013&a2=7&a3=3   S&P cuts its ratings on Barclays and Deutsche Bank Rating is cut from A-plus to A as volatile global markets, eurozone crisis and QE doubts lead to concerns about European investment banking http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/4V3MB0/D5/h?a1=2013&a2=7&a3=3   Hathaway under fire over Aon underwriting deal Lloyd's of London executive attacks agreement between broker and investment vehicle that sees it take an automatic share in risk and payouts http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/K9ANXF/D5/h?a1=2013&a2=7&a3=3   Hannam fights to regain position of power Whichever way his fight with the UK financial regulator goes, the City financier Ian Hannam will be busy running Strand Partners, a boutique investment bank http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/Q3WTQ1/D5/h?a1=2013&a2=7&a3=3   Qatar shakes up investment fund Hamad bin Jassim, former prime minister and architect of Doha's assertive investment strategy, has been replaced as head of QIA by Ahmad Al Sayed http://link.ft.com/r/M2ZOXX/XBXYX7/UU4QGA/OFSFS5/NRMUDX/D5/h?a1=2013&a2=7&a3=3   Exchange Traded Funds Portugal and Egypt fears rattle markets Investors pull $8.2bn from ETFs in June BlackRock completes Credit Suisse ETF takeover Winklevoss twins put faith in Bitcoin Video FTfm Funds to be made see-through Daniel Godfrey, head of the Investment Management Association, has been launching projects aimed at making the fund management industry more transparent and to improve the stewardship of companies. He discusses his plans with FTfm's Steve Johnson. 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..