FEIFA adds three new members to partnership list
The Federation of European Independent Financial Advisers (FEIFA) has picked up three new member firms since the beginning of January.
People Moves | 23 Feb 16
PEOPLE MOVES: Axa IM, Legg Mason, Deutsche Bank…
Axa IM has rejigged its distribution range management team; while Cyrus Investment Management added prestige to its advisory board with a senior military figure and a political heavyweight. Meanwhile, companies across the financial sector strengthened their sales and marketing teams as we move ever deeper into 2016.
Commodities | 23 Feb 16
IMF calls on Gulf nations to widen their tax base
The newly-reappointed head of the IMF has called on Gulf countries to re-engineer their tax systems and consider greater use of corporate income taxes, as well as property and excise taxes to bolster government revenues in the face of lower oil prices.
Tax & Regulation | 23 Feb 16
FCA fine WH Ireland £1.2m for market abuse failures
UK wealth manager WH Ireland has been fined £1.2m ($1.7m) and restricted for 72 days from taking on new corporate broking clients for failing to sufficiently protect against the risk of market abuse.
Multi Asset | 23 Feb 16
Multi-asset funds see first outflows since 2011
Multi-asset funds saw their first net outflows in more than four years in January, according to fresh Morningstar data. The outflows were the biggest since October 2008.