Some highlights from Monday’s FTfm.
Fund industry ‘overpaid by $1,300bn’
A draft report by IBM says the fund industry is destroying value by being paid too much for the value it delivers. The report predicts big job cuts in the asset management industry Read more
| Market | Last price | Today's change |
52 week high |
|
|---|---|---|---|---|
| FTSE 100 Index: FSI As of May 21 2013 13:29 |
6,769 | +13.83 | +0.2% | 6,771 |
| FTSEurofirst 300 Index: FSI As of May 21 2013 13:30 |
1,248 | -4.05 | -0.3% | 1,252 |
| S&P 500 INDEX: WCB As of May 20 2013 05:00 |
1,666 | -1.18 | -0.1% | 1,673 |
| Euro/US Dollar FX Spot Rate As of May 21 2013 13:09 |
1.29 | 0.00 | -0.2% | 1.37 |
| ICE Brent Crude Oil Front Month: IEU As of May 21 2013 13:20 |
104.24 | -0.56 | -0.5% | 119.17 |
| COMEX GOLD 1 FUTURES CHAIN Front Mon: CMX As of May 21 2013 10:33 |
1,377 | -7.30 | -0.5% | 1,795 |
© The Financial Times Ltd 2013 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
1Bernanke weighs in on robot wars; brings Keynes for backup
2Secret liquidity and Scottish independence
3Pump up, debase
4S&P 2,100, by Goldman Sachs
5Apple Operations International, facts (?) du jour
Show more6Collateral crunch-counting gets sophisticated
7In which the FTSE puts the crisis behind it
8Further reading
9The risk of a Japanese VaR shock
10Spain's awful unemployment
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