Investment | 3 Feb 16
ANALYSIS: Did Uncle Sam shoot himself in the foot?
The first rate rise since the financial crisis was a long time coming and markets initially responded relatively well, but it is starting to look like a miss-step by the Federal Reserve.
ALFI sees Brexit uncertainty but Chinese opportunity
Asset managers with an anchor in Europe most likely won’t be losing too much sleep over the prospect of the UK leaving the EU, but they should still be preparing for the coming uncertainty, says ALFI.
Retirement | 3 Feb 16
Pension costs a growing concern for UK employers, ACA says
The rising costs of providing pensions to staff is becoming a bigger concern to UK employers, according to the final report by Association of Consulting Actuaries (ACA) on its 2015/16 pension trends survey.
Axa sells Hungarian banking operations to focus on retail
Axa Bank Europe, part of the global insurance and asset management giant Axa Group, has agreed to sell its Hungarian operation to OTP Bank in a move that will see it fully focusing on retail banking.
Beware the benchmark, says TOBAM fund manager
Money has flooded into benchmark-tracking exchange traded funds as investors chase low-cost access to major asset markets.