Middle East | 17 Aug 15
Mashreq Capital welcomes Moody’s upgrade
Mashreq Capital, the asset management arm of UAE-bank Mashreq, said its strong investment performance and significant growth in assets under management was behind its recent upgrade by Moody’s Investors Service.
United Kingdom | 17 Aug 15
L&G headquarters closure threatens jobs and clients, says union
A plan by insurance and investment giant Legal & General which could see it shut down its headquarters in Surrey will impact severely on customers, a trade union for finance workers has warned.
People Moves | 17 Aug 15
Pru promotes Solvency II boss to chief risk officer
Prudential has bumped the leader of its Solvency II programme up to the role of chief risk officer as well as making her an executive director on its board.
Deutsche expands ETF offering with equally weighted FTSE 100 tracker
Deutsche Asset & Wealth Management has added to its exchange-traded fund range with the launch of equally weighted FTSE 100 tracker.
Fixed Income | 17 Aug 15
Flows into RMB bonds likely, says JPM
As authorities take further steps to internationalise the RMB, the currency will strengthen over the medium-term, making onshore bonds attractive, according to JP Morgan Asset Management.