Anybody who says that China doesn’t have a credit problem is lying because when that much credit is pumped into the system there is no way that every single loan is a sound investment, according to Schroders’ head of Asian equities Singapore, Lee King Fuei.
Macquarie Bank has launched a robo-advice service in Australia for savers who do not currently receive advice and want to manage their own investments online.
Macquarie Investment Management, the asset management arm of Australia’s Macquarie Bank, is to refund over A$5.5m (£2.68m, $4.2m) to around 2,300 clients for errors on its wrap platform.
Macquarie Investment Management has appointed a new head of distribution for Europe, the Middle East and Asia.
Macquarie Investment Management, part of Macquarie Funds Group, has completed the acquisition of ING Investment Management Korea from ING Group.
