Embark’s Adviser Centre snaps up research firm
UK online investment intelligence service, the Adviser Centre, has announced its acquisition of research group Scopic Research amid efforts to increase its presence in the UK IFA and wealth management space.
Boss of £23m biofuel scam jailed for eight years in Cambodia
The chairman of a collapsed biofuel investment scheme has been convicted of fraud and sentenced to eight years in prison by a Cambodian court.
Korea’s political turmoil makes managers wary of equities
Political scandals, corporate governance issues and the potential impact of Donald Trump’s trade policies prompt caution on Korean equities.
US equities looking expensive warns Amundi’s Mortier
US equity valuations have become expensive on a price-to-earnings basis and investors are urged to stay away from them, according to Vincent Mortier, Amundi Group’s Paris-based deputy chief investment officer and global head of multi-asset.
Middle East | 4 Jan 17
DFSA rules out ban on commission, Insurance Authority update
The Dubai Financial Services Authority (DFSA) has no proposals to ban commission, according to chief executive Ian Johnston.