Middle East | 15 Jun 16
Amundi appoints new chief executive for Middle East
Amundi, Europe’s biggest asset manager, has formally announced that Nesreen Srouji has been appointed as its chief executive for the Middle East.
Old Mutual Wealth buys DQS Financial Management
Old Mutual Wealth Private Client Advisers, a UK financial advice service, has struck a deal to acquire the financial planning firm DQS Financial Management.
Alternatives | 15 Jun 16
An alternative view: why it’s the asset class of the future
In today’s era of low interest rates, stock market fluctuation, and economic uncertainty, most people are faced with either low returns or high risk on their investments. For this reason, interest in alternatives – with their ability to diversify investments, reduce risk and provide uncorrelated returns – has grown significantly in recent years, according to Ophir Gertner, founder of invest.com.
HK rules seen as bottleneck to rise of robo-advisers
Hong Kong regulations require human involvement rather than an automated process in order to provide wealth management services, said iFast Financial (HK) chief operating officer Kelvin Yip.
MSCI tells China ‘No for now’ on entry into EM index
For the third time since 2013, the US index provider rejected the inclusion of China A-shares in its flagship emerging market indices, highlighting key unresolved issues.