Man Group launches Japanese currency fund
Man Group has unveiled plans to launch a Japan currency fund.
Industry
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FSA fines Bank of Scotland £3.5m over investment failings
The FSA has fined Bank of Scotland £3.5m and secured £17m compensation for customers.
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UK investors potentially losing £1bn annually
UK investors could be losing out to the tune of £1.1bn every year according to taxback.com
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HK watchdogs expose poor IFA sales practices
Weaknesses in IFA selling practices revealed in mystery shopping exercise in Hong Kong.
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Manulife launches AR bond fund in Singapore
Manulife Asset Management Singapore has launched a total return Asian bond fund.
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BNP Paribas Investment Partners names new CEO for Hong Kong
BNP Paribas Investment Partners appoints Jean Audibert as chief executive officer for Hong Kong.
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ETFs are worse than I thought, says Terry Smith
Fundsmith founder Terry Smith has renewed his attack on ETFs, as Efama responds to the FSB’s warning
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Gibraltar minister hosts key finance events in Switzerland
Gibraltars chief justice minister Peter Caruana is hosting financial services events in Switzerland
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ROSIIP trustee announces plan to appeal High Court ruling
Equity Trust has announced its intention to appeal against a High Court ruling.
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Jersey Trust Company appoints new funds director
JTC has appointed Lisa Le Gresley as a director in the corporate services division.
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Julius Baer poised to launch China fund
Julius Baer has become the first private bank to get a QF11 licence from Chinese authorities.
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Fitch survey exposes concern over Solvency II bond implications
Investors have expressed concern that corporate bonds will be adversely affected by Solvency II.