United Kingdom | 13 Dec 12
most serious ethical issue is product misselling
Investment professionals around the world have identified commission-driven selling of unsuitable products as the ‘most serious’ ethical issue to be faced by the industry next year, according to the CFA Institute’s 2013 Global Market Sentiment Survey.
Tax & Regulation | 13 Dec 12
cable calls for greater international cooperation
The UK’s business secretary Vince Cable has said government are “behind the curve” on corporate tax avoidance and has called for more international co-operation to tackle multinational companies moving profits to low-tax countries, according to The Guardian.
People Moves | 13 Dec 12
new hire for bedell in mauritius
Bedell, an international law firm with a special focus on financial services, has added to its Mauritius based wealth management team.
report sees europes wealthy increasing focus
It is not just the poor, the young and the unemployed who have been hit by the tough economic times in Europe: so too have many of the continent’s wealthy families, according to a new report based on interviews of some 59 single- and multi-family offices there.
schroders targets european high yield bonds
Schroders has launched a European high yield focused fund from its Luxembourg domiciled Sicav.