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Return to commission in UK ‘ruled out’ by FAMR report

Tax & Regulation | 14 Mar 16

Return to commission in UK ‘ruled out’ by FAMR report

In further industry reaction, a number of key players in financial services have reacted positively to the FAMR report’s positioning in favour of a fee-based only RDR regime, with no re-introduction of commission as remuneration for financial advisers.

Ashburton offers Sterling share class for India equity fund

Equities | 14 Mar 16

Ashburton offers Sterling share class for India equity fund

Ashburton Investments is set to launch a new Sterling share class for its US dollar-based India Equity Opportunities Fund.

Legg Mason announces Martin Currie merger

Companies | 14 Mar 16

Legg Mason announces Martin Currie merger

Global asset management firm Legg Mason has merged its subsidiary Martin Currie Global Funds (MCGF) into its Legg Mason Global Fund (LMGF), as part of a move to exploit greater economies of scale, the firm has revealed.

HSBC GAM names Rudd head of UK wholesale

People Moves | 14 Mar 16

HSBC GAM names Rudd head of UK wholesale

HSBC Global Asset Management has announced the appointment of Dan Rudd as head of wholesale, UK.

Aberdeen enters Abu Dhabi financial centre

Companies | 14 Mar 16

Aberdeen enters Abu Dhabi financial centre

Aberdeen Asset Management has confirmed that it will open an office in the Abu Dhabi Global Market (ADGM) towards the end of the year.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.