Middle East | 5 Apr 17
UAE’s Oman Insurance offers life bond with capital protection
Dubai-headquartered Oman Insurance Company (OIC) has launched a new single premium insurance plan which offers a portfolio of exchanged-traded funds (ETFs) with built-in downside protection.
Investment | 5 Apr 17
High hopes for marijuana ETF launch
A ‘Marijuana ETF’ has been launched to track the performance of firms producing or selling the drug, following a boom in its trade across Canada and the US.
China’s Harvest Global launches its first Ucits fund
Harvest Global Investments (HGI), the international arm China’s Harvest Fund Management, has launched its first Ucits-compliant sub-fund, Harvest China Evolution Equity Fund.
Tensions rise as Praemium face off approaches
Ousted Praemium chief executive Michael Ohanessian’s “aggressive” relationship with the board and his unwillingness to “make necessary changes in his behaviour” are why shareholders should vote against his reinstatement, chairman Greg Camm has said.
Aus court condemns advice firm’s commission-style breaches
An Australian court has ruled against advisory firm NSG over its commission-style pay packages, which encouraged financial advisers to sell products rather than provide the best advice to clients.