Phoenix Life vindicated in ombudsman decisions
Complaints about mis-selling, high commission and underperformance were not upheld
Investment
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India and China drive AUM growth in Asia Pacific
Consolidation expected after surge in India’s robo advisers
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Gam bombshell suggests absolute return confusion remains
Closed unconstrained fund range was available to retail investors despite complex derivatives and currency swaps
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Hong Kong wealthy save millions using property tax loopholes
Tax revenues took HK$9.4bn hit since 2010
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Moody’s cuts forecast for green bonds
Growth in green bond issuance plummets
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Can India lure investors back in?
Prime Minister Narendra Modi says India is an ‘elephant that’s starting to run’
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Learning lessons from investment mistakes
Fund managers share humbling experiences that have shaped how they invest Click through the slides below to see the four lessons learned.
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Architas UK inflows drop 70%
Axa-owned multi-manager joins the rank of fund groups hit by volatile markets in H1
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Turkey crisis rattles emerging markets
Currency sell-off highlights country’s reliance on foreign capital
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Charles Stanley shifts platform fees up closer to Hargreaves
D2C investment platform had been considered one of the industry’s cheaper offerings
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Cryptocurrency ‘get rich quick’ scams net £2m in two months
Victims lost £10,000 on average in June and July
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Foreign managers keep moving into China
Barings, Income Partners and Van Eck Associates have recently set up in China