Markets are from Mars, economies are from Venus – JPMAM
Equity markets have become increasingly disconnected from how the economy is doing recently; a cautionary tale for index-based investors, said Stephanie Flanders of JP Morgan Asset Management.
Retirement | 6 Apr 16
FCA sets in motion ‘top priority’ pension scam crackdown
The Financial Conduct Authority is to crack down on pension-related investment scams as one of its main priorities for the coming year.
Lombard Int’l takes a bite out of the Big Apple
Lombard International has opened its first office in New York City, identifying it as a key financial centre for new and existing clients.
People Moves | 6 Apr 16
Julius Baer adds five heavy hitters in Guernsey
Swiss private banking group Julius Baer has strengthened its Channel Islands offering by adding five heavyweight private banking and investment management professionals to its Guernsey operation.
Allianz sells S. Korean life insurance and investment arms
Allianz has agreed to sell its South Korean life insurance unit and Allianz Global Investors Korea to China’s Anbang Insurance Group.