Best Practice | 27 Jun 16
Investors move into defensive assets amid global economic worries
Rattled by a growing list of worries that could threaten the fragile global economy, including the UK’s shock Brexit vote, investors around the world are amassing cash, favouring bonds over equities and increasing their holdings of gold.
Barings AM launches absolute return fund
Baring Asset Management has launched the Baring Dynamic Absolute Return Fund, an Irish authorised open ended investment company (Oeic) with Ucits status.
Standard Life and Axa worst hit as int’l life shares plunge
Shares in the world’s largest life and pensions companies have been hit for a second day following the announcement on Friday that Britain has decided to leave the European Union.
DeVere Group expands Qatar presence
Increasing client demand has seen deVere Group move to larger premises in the Qatari capital of Doha, as it looks to take on more financial advisers and support staff.
United Kingdom | 27 Jun 16
No change for crown dependencies’ financial services sectors
The financial services sectors of Jersey, Guernsey, and the Isle of Man should see little, if any, change following the UK’s decision to leave the European Union.