United Kingdom | 8 May 14
BOM seals deal on FandC takeover
The £708m cash deal has been settled as the Bank of Montreal takes ownership of F&C Asset Management.
Future of portfolio bonds is unclear
Hong Kongs insurance and securities industry regulators are reported to be considering whether to introduce new restrictions on the sale of open architecture investment products, including so-called personal portfolio bonds (PPBs), market sources there say.
untapped opportunity in hnw clients in asia
Insurance companies see a good potential to promote life wrapping insurance products to a rapidly growing high net worth individuals population segment in the Asian region.
Sing insurance professionals predict commission
Nearly half of the insurance professionals in Singapore feel that regulatory requirements for greater commission disclosures are “very likely” to come into place over the next three years.
Old Mutual aims to launch high yield bond fund
Old Mutual Global Investors is to launch a high yield bond fund this summer.