BNY Mellon abandons Asian platform
American asset manager, BNY Mellon, has decided to shut down its platform for high net worth individuals in Singapore and Hong Kong after just 16 months.
Profiles & Comment | 3 Jun 15
Neutral territory: Asset allocator with Infini Asset Management
Vaibhav Jain, founder and director of Infini Asset Management, explains how his hedge strategy delivers in both good times and bad – and the importance of maintaining a market-neutral stance.
Tax & Regulation | 3 Jun 15
ABI calls on FCA for advice re-evaluation
Huw Evans, director general at the Association of British Insurers (ABI), has called on the UK’s Financial Conduct Authority to re-assess the difference between advice and guidance in order to support a wider range of UK consumers.
Cayman Islands authority takes over troubled Belvedere fund
Suspended fund, Brighton SPC, has been taken over by the Cayman Islands Monetary Authority after a “forensic examination” was conducted on the investment vehicle.
United Kingdom | 3 Jun 15
Bond surrender: Technical briefing with Prudential
Partial surrenders of life assurance and similar policies create huge tax traps, which means advice on exit is just as important as it was at inception.