Tax & Regulation | 31 Mar 16
Financial advice industry needs to ‘come clean’ on exit fees
UK chancellor George Osborne’s recent announcement to cap investment and pension exit fees is a big step in the right direction towards tackling punitive investment and pension exit fees, says David Pugh, director of The Fry Group, Singapore.
Emerging Markets | 31 Mar 16
‘It’s time to return to emerging markets’: Angus Murray
After years of outflows, Angus Murray argues the case for emerging markets today in a 20-year investment portfolio.
European investors shun Japanese, US large-cap in Feb
Outflows from open-ended funds in Europe continued apace in February, the latest data from Morningstar reveals.
BlackRock to embark on biggest layoff in its history
BlackRock reportedly plans to cut 400 jobs during the coming two weeks in what would be the largest layoff in its history.
People Moves | 31 Mar 16
PEOPLE MOVES: FPI, Manulife, Schroders…
Friends Provident International has appointed a chief marketing officer for MEA, while Manulife have named a head of distribution EMEA. A Schroders fund manager is stepping down and a reorganisation at Franklin Templeton will see one fund manager stepping back from his day-to-day management role.