Zurich buys Australian Life business from Macquarie Group
Zurich Australia, part of Zurich Insurance Group, said it has reached a deal with the Macquarie Group to buy its Australian life insurance business for an undisclosed sum.
People Moves | 4 Mar 16
Source UK hires ex-OMGI head as CEO
The former chief executive of Old Mutual Global Investors, Julian Ide, has been hired as chief executive of Source UK Services, the latest in a series of management announcements this year.
Investment | 4 Mar 16
Addressing an issue with bond funds
One of the ways in which Lombard Odier distinguishes itself from its peers is to use fundamentally weighted bond indices in its asset allocation, a practice it developed in 2010 after identifying what it perceived as a problem with the mainstream indices.
North America | 3 Mar 16
FATCA exceptions agreed by Swiss and US authorities
Accounts held by the lawyers or notaries of clients in Switzerland are now exempt from the United States’ Foreign Account Tax Compliance Act (FATCA) following the signing of an agreement by the countries’ authorities in February.
ANALYSIS: Time running out for Europe’s closet trackers
With returns from European equities distinctly harder to come by than during the QE inspired climb last year, active funds falling short in active share terms are going to find investors less forgiving.