Asia spares Prudential’s blushes in half year results
Growth in its Asian operations helped UK insurance giant Prudential post a forcast-beating 6% rise in first-half operating profit to £2.06bn ($2.69bn, €2.4bn), helping offset a drop in profits from its M&G asset management business.
Aviva says property trust will stay shut until 2017
Aviva Investors has advised that its property trust will stay closed to trading for another six to eight months.
Solvency II ‘life support’ is a step in the wrong direction
Solvency II is a step in the wrong direction that will keep some companies alive that would be better giving themselves a decent burial and consolidating themselves out of the market now, according to industry consultant Ned Cazalet.
Best Practice | 10 Aug 16
Patience and portfolio discipline will reward investors
Investors will be rewarded for their patience if they maintain portfolio discipline and don’t let short-term volatility cloud their long-term investing goals, says JP Morgan Asset Management.
Nearly all Australian advisers open to using smart beta
The majority of financial advisers working in Australia would consider investments in smart beta strategies, a new survey by asset manager VanEck has found.