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This time, the Financial System was prepared

Article Abstract:

Stock markets in the United Kingdom did not experience the same degree of fallout as post-September 11th, 2001 World Trade Center attacks, after the London terrorist bombings of the Tube, 2005. Factors that contributed to less economic damage were that major financial district architecture was not destroyed and because there are a number of regulations in place to prevent market disruptions. The London Stock Exchange and London Financial Futures and Options Exchange were unaffected although traders could not get to the London Metal Exchange because the area was cordoned off by police.

Author: Sesit, Michael R., Craig, Susanne, Reilly, David
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Forecasts, trends, outlooks, Security and commodity exchanges, Economic aspects, Stock-exchange, Stock exchanges, Industry forecasts, London Terrorist Bombings, 2005

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Breaking the trend to higher fees

Article Abstract:

United Kingdom's Hermes Pensions Management Ltd. is cutting the fees for clients buying hedge funds, putting pressure on the hedge fund industry to do the same.

Author: Reilly, David
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Product information, Commodity & service prices, Management dynamics, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Management, Prices and rates, Company Profile, Company business management, Hedge funds, Company pricing policy, Hermes Pensions Management Ltd.

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Subjects list: United Kingdom, Industry Overview
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