Swiss bank Syz exits Asia to focus on Europe
Switzerland’s Banque Syz has closed its asset management unit in Hong Kong to focus on European markets in the latest step towards consolidation in Asia’s wealth management industry.
Best Practice | 12 Jan 17
Key financial planning tips for international advisers in 2017
Opportunity knocks for financial advisers in 2017 as political, economic and regulatory turmoil leaves clients adrift in unknown territory and seeking advice, says Rachael Griffin, head of product law and financial planning at Old Mutual International.
Tax & Regulation | 11 Jan 17
Fatca here to stay as US becomes last global tax haven
The United States will become the last global tax haven as the Common Reporting Standard (CRS) comes into force, making a repeal of Fatca very unlikely, says Nuri Katz, chief executive and founder of Apex Capital Partners.
Man GLG launches pan-European equity Ucits fund
Discretionary fund manager Man GLG, part of investment management giant Man Group, has launched a pan-European Ucits fund for investors across Europe which will offer exposure to the region’s strongest companies.
Best Practice | 11 Jan 17
Almost half of millennials would buy advice from Google
More than a third of investors around the world are prepared to use robo-advisers, with an increasing number millennials, those aged 18-35, admitting they would buy insurance from an online provider such as Google or Amazon, a new report by consultancy firm Accenture has revealed.