mifid II risks unintended consequences says ailo
The Association of International Life Offices has written to the European Parliament’s Economic and Monetary Affairs Committee, to warn over potential unintended consequences stemming from the interaction between Mifid II and other European Union financial services legislation.
investec to launch managed solutions funds
Investec Asset Management is to launch two multi-asset managed solutions funds as part of a realignment of its product range ahead of the Retail Distribution Review.
United Kingdom | 15 Mar 12
rdr driving shift to dfms defaqto
With the implementation of the Retail Distribution Review set to take place at the start of next year, two-fifths of platform users in the UK are outsourcing some or all of their investment process, according to a survey of 345 people by independent research company Defaqto.
People Moves | 15 Mar 12
vontobel hires schubiger to head private banking
Swiss bank Vontobel has appointed a new head of its private banking business, as it seeks to target key markets including Eastern Europe and Russia.
fidelity demographics fund targets social trends
Fidelity Worldwide Investment has launched a Global Demographics Fund, focusing on long-term trends such as population growth, the rise of new middle classes and population ageing.