Skandia has become the latest company in a growing group to question the suitability of providers in delivering the guidance guarantee announced in this years Budget, describing the idea as counter-productive.
An overhaul of the controversial UAE fund regime introduced by the Securities and Commodities Authority last year is on the cards, International Adviser understands.
Fund and wealth managers are still trying to understand the impact of the pension changes George Osborne made in his recent Budget. Richard Romer Lee suggests five funds that are already ahead of the game for those who need an ongoing supply of income.
Adrian Brass leaves Fidelity Worldwide Investments where he managed the FF America Fund for six years.
The UAE has undergone a regulatory revolution in recent years, placing its finance sector under increased pressure. The industry has reacted positively, and these changes are now paving the way for a more professional environment, according to leading figures from some of the largest asset management companies in the region
Earlier this year, International Adviser online editor Simon Danaher hosted a roundtable with some of the leading figures from the asset management industry in the United Arab Emirates.
Almost all international life companies place high importance on external asset management company links when dealing with Middle Eastern advisers.
The planned introduction of a fee regime for fund distributors in the UAE has been met with quiet dissent by some in the asset management industry.
European funds are the best performers over 20 years, FE data shows, yet six times in the past 10 years Europe has been the worst selling retail sector, according to IMA statistics.
Anthony Bolton will retire from active fund management when he hands over the reins of Fidelity China Special Situations plc to investment trust novice Dale Nicholls on 1 April next year.
Fidelity Worldwide has unveiled an emerging market corporate debt fund as part of its expanding fixed income range, the firm has announced.
Fidelitys Raymond Ma has taken over the running of its offshore Greater China Fund following the decision by Joseph Tse to depart the firm.
