Europe
Lombard International Assurance fined €1.68m by Luxembourg regulator
The deficiencies were noted during an on-site inspection carried out by the CAA
German credit ratings agency fined €2m by ESMA over conflict of interest breaches
All breaches were found to have resulted from negligence on the part of Scope
LSEG: Bond funds pull in €29.7bn in January
BlackRock, HSBC, JP Morgan among the best-selling European fund providers
Global sustainable funds see first quarter of outflows
‘Chilling effect’ in the US and active management redemptions have pushed flows into negative territory, Morningstar reported