Asia Pacific ETF assets lag other regions despite record year
Asia Pacific ex-Japan ETF/ETP assets hit a record high of $135bn (£110bn, €127bn) in 2016, but still only account for 4% of the industry’s global assets, according to ETFGI.
Best Practice | 13 Jan 17
Asset managers must ‘innovate and industrialise’
The asset management industry is facing an innovation dilemma as it struggles to free itself from encumbered business models and embrace industrialisation, says Matthew Lamb, chief executive of Pacific Asset Management.
Investment | 12 Jan 17
UK charge comparison regime ‘not fit for purpose’
Key financial illustrations (KFIs) that are intended to help people compare pension and investment product charges in the UK are not fit for purpose and are “the worst possible example of information overload”, says AJ Bell marketing director Billy Mackay.
Tax & Regulation | 12 Jan 17
Ex-adviser jailed eight years over £4m Cyprus property fraud
A former financial adviser has been sentenced to eight and a half years in prison after being found guilty of defrauding clients out of £4m (€4.6m, $4.8m).
UK expats need EU healthcare more than Europeans need NHS
A greater number of British expats rely on European healthcare under the UK’s reciprocal healthcare agreements than European pensioners living on the UK, who use the NHS, according to figures obtained by the BBC.