Capstone Financial launches in-house DFM service
Hong Kong-based advisory firm, the Capstone Financial Group, has unveiled its own discretionary fund management (DFM) service to help centralise client accounts and steer the business towards a fully fee-based structure.
ETFs to become core portfolio holdings in Asia
Distributors in Asia-Pacific are likely to use exchange-traded funds and other index-tracking products as core holdings when building model portfolios, according to Cerulli Associates.
Retirement | 26 Jun 15
ABI urges UK Gov’t to hold fire on second-hand annuities
The Association of British Insurers (ABI) has urged the UK Government to hold fire on its 2016 roll-out of a second-hand annuity market so it can properly ensure consumer protection.
United Kingdom | 26 Jun 15
Sesame to shut office ahead of network closure
UK-based advisory network, Sesame, is to shut down one of its offices by the end of the summer and is currently consulting staff as it prepares to close its network for wealth firms.
Middle East | 25 Jun 15
Dubai Gov’t initiates crackdown on unlicensed legal firms
The Dubai Government has identified more than 60 law firms operating illegally in the jurisdiction as part of its new crackdown on unlicensed legal services providers.