AUM hit record levels in Germany in 2015
The German fund industry experienced a record year in 2015 with total assets under management (AUM) sitting at €2.6trn (£2trn, $2.9trn).
Middle East | 12 Feb 16
Aviva Investors to move Middle East director to Asia
Aviva Investors’ Scott Callander is picking up a new role as he prepares to depart the Middle East, bound for Asia in the summer.
Montpelier Malaysia suspends two directors, shuts office
Wealth management and financial planning firm Montpelier Malaysia on Friday suspended directors Stuart Williamson and Diane Docherty and closed its Kuala Lumpur office.
Australia moves to regulate IFA commissions
The Australian government has introduced new legislation to regulate commission payments made by life insurance companies to financial advisers.
Three bidding for Barclays Asia private wealth business
Singapore’s DBS Group and Oversea-Chinese Banking Corp (OCBC), and Swiss-headquartered Julius Baer have reportedly submitted non-binding bids for Barclay’s Asian private wealth business, reports Reuters.