Alternative Ucits – you love it or you hate it
If investors use alternative Ucits funds, they prefer to allocate significant funds to them.
Regions
-
-
Interest turns to China’s new economy plays
As China’s economy slows, fund houses are betting on growth opportunities in the emerging consumption and services economy.
-
Ex-Convey insurance broker behind bars for commission scam
Two Hong Kong-based insurance brokers face jail sentences for conning Zurich International Life of ILAS commissions totalling HK $600,000.
-
IoM set for single financial services regulator
A year after it was announced, the Isle of Man’s three main financial regulatory bodies will merge on 1 November 2015, creating the Isle of Man Financial Services Authority (IoMFSA).
-
FCA seeks better customer communications
The Financial Conduct Authority (FCA) launched a consultation on Thursday to remove a number of ineffective communication requirements from its Handbook.
-
Gibraltar looks to establish private foundations
Gibraltar’s Government has released a public consultation on the establishment of private foundations, in a bid to level the playing field with other jurisdictions.
-
PraxisIFM acquires Confiance Pension Services
PraxisIFM, a Guernsey-based independent financial services group, announced on Thursday that it has expanded its pensions division, Trireme Pension Services, with the acquisition of Confiance Pension Services.
-
Tavistock liquidates Standard Financial
UK-based private investment firm Tavistock Investments has placed Standard Financial Group (SFG) and its trading subsidiaries Financial Ltd (FL) and Investments Ltd (IL) into liquidation.
-
Middle East advisers applaud opening of Abu Dhabi free zone
Financial advisers in the Middle East have welcomed the long-awaited news that Abu Dhabi has opened its financial free zone, however, one IFA questioned whether it will be strong enough to compete with other financial hubs.
-
Elian announces two strategic leadership changes
Global corporate services provider Elian announced two strategic changes to its senior leadership team on Tuesday.
-
Prudential’s UK and Europe chief departs
British insurer Prudential has announced the departure of its chief executive for the UK and Ireland, Jackie Hunt, with immediate effect and the appointment of group investment director John Foley as her interim successor.
-
End of sunset clause to bring pressure, argues Nucleus
The expiry of the ‘sunset’ clause will bring pressures for advisers, but asset managers may come under particular strain, argues a new white paper from platform Nucleus.