Hail Morgan Grenfell, comeback kings

Article Abstract:

Morgan Grenfell, the asset management unit of Deutsche Bank, has seen a very strong recovery since 1997. It beat the FTSE All-Share index in 1998, when its flagship pooled pension fund achieved a return of 16.4%. Its success has been partly attributable to the fact that it has not faced much serious competition, but it has also benefited from spotting a series of investment trends that its rivals had not noticed. It will not be able to rely on continued underperformance by its rivals, and will face growing competition from passive fund management.

Comment:

Asset management unit of Deutsche Bank again profitable.

Commercial Banks, Commercial Banking, Germany, Sales, profits & dividends, Investment Companies, Open-End Investment Funds, Banking industry, Management, Finance, Morgan Grenfell and Company Ltd.

---

Companies switch from equity to debt

Article Abstract:

A growing number of leading UK companies are turning to corporate bonds as a source of finance. Institutional investors are strongly attracted to these corporate bond issues as they seek higher returns from investments. Research indicates that corporate bonds consistently outperform gilts, even when adjusted for differing levels of risk, and corporate bonds are also becoming more popular because of the relative scarcity of government bonds.

Financial management, Corporate Bonds, Analysis

---

Similar abstracts:

• Abstracts: Marketing to make computers friendly. Compaq buys its way to the top. Is your system critical, peripheral or in the grey area?
• Abstracts: Adverts tempt and taunt old comrades. Reprieved from Russia's death row. Murder in the ranks: soldiers killed by their own comrades
• Abstracts: Fiscal policy is coming back into fashion. Brown wants stability: he has given us stop-go. The last EMU before global union?
• Abstracts: Forget the footie, check out the technology. Advertisers wake up to the nifty fifties
• Abstracts: Currency bomb is still ticking. Crisis worst for 50 years, says Clinton. Is a credit crunch coming?

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.