Middle East | 15 Jun 15
Saudi Arabian stock exchange opens to foreign investors
Saudi Arabia has today opened its $570bn Tadawul stock exchange to direct foreign investments for the first time, which is widely seen as a crucial stepping stone to the kingdom’s entry into the MSCI Emerging Markets index.
Investment | 15 Jun 15
Troy Trojan joins M&G Recovery in Chelsea ‘DropZone’
Sebastian Lyon, Tom Dobell and Mark Mobius are among the names humbled in Chelsea Financial Services’ latest DropZone of the worst-performing funds over the past three years.
New head of Singapore advisers body pledges to raise standards
The new president of the Financial Planning Association of Singapore (FPAS) has said he hopes to improve the ethical standards and competency of advisers in his new role.
Advisers fear self-select services and investment platforms
Financial advisers see self-select websites and direct investment platforms as their greatest competition going forward, a new poll has revealed.
Middle East | 12 Jun 15
Dubai’s DIFC aims to triple in size by 2024
The Dubai International Financial Centre has announced plans to triple the number of financial firms operating from the free zone over the next decade, and boost assets under management to $250bn in 2024 from $10.4bn last year.