First GCC fund introduced by NBK
The first GCC fund, the Gulf Equity Fund is being launched by the National Bank of Kuwait (NBK) in its bid to maximise returns and strategically allocate assets in the GCC equity markets.

Posted on : Mon, 09 May 2005 12:40 GMT

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FDL to compensate investors duped in split-fund trust
Investors who had burned their pockets in the split-capital investment trust scandal may finally have some relief coming their way. They can now be compensated for the huge losses suffered in split-capital investment trusts by requesting for compensation from the firm established for claims, Fund Distribution Limited (FDL).

Posted on : Mon, 25 Apr 2005 00:00 GMT

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Rates change in National Savings & Investment fixed-rate products
Millions of Britons who use National Savings and Investment’s (NS&I) savings products will gain a little more from their savings as the NS&I announced a rate change yesterday. The NS&I changed interest rate on all its fixed rate products effective Thursday onwards.

Posted on : Sat, 23 Apr 2005 00:00 GMT

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