United Kingdom | 16 Mar 15
Life companies welcome UK annuity resale plans
UK life companies have cautiously welcomed an announcement by UK chancellor George Osborne to give up to five million current pensioners the right to swap their annuities for cash in this week’s budget due on Wednesday.
Julius Baer poaches Barclays
Swiss banking group Julius Baer has appointment two senior Barclays Wealth figures to its UK team as it looks to offer wealth management services to north-west England.
East Capital is first to invest 100 in A-shares
East Capital said its UCITS-compliant China fund has become the first to be allowed to invest up to 100% of its portfolio in Chinese A-shares through the Stock Connect program.
Predictable Income over Unpredictable Returns
Global central banks are cutting interest rates and devaluing their currencies at the fastest pace we have seen since 2009. Global equity markets have benefitted from this increase of liquidity, highlighted by the performance of European stock markets since the announcement of the ECBs QE programme in January, which officially kicked off at the beginning of March this year.
FnC launches exUK European equity fund
F&C Investments has unveiled a European equity fund which aims to tap into the growth potential of small and medium-sized companies across the Continent.