Mauritius the fastest growing market for wealth in Africa
The number of millionaires on the offshore island of Mauritius has grown by 20% in the last year, making it the fastest growing wealth market in Africa, a new survey suggests.
Aberdeen and Standard Life merger: An insider’s view
Campbell Fleming, global head of distribution at Aberdeen Asset Management, talks mergers, scale, fees and the future of the combined Aberdeen/Standard Life business.
Commodities | 2 May 17
ANALYSIS: Is now the time to go overweight oil majors?
The first quarter has proved lucrative for the gargantuan oil companies of Exxon, Chevron and BP. But are their fortunes purely macro-driven or are there other reasons for investors to reconsider the sector?
PEOPLE MOVES: Aberdeen, Old Mutual, Pictet
Aberdeen Asset Management has appointed a chief operating officer for Asia Pacific, while Old Mutual Wealth has named a chief financial officer, tasked with driving forward the company’s planned demerger. Pictet Asset Management has a new head of UK intermediaries.
Best Practice | 2 May 17
MiFid II charge disclosure a ‘show stopper’ for European IFAs
Advisers across Europe underestimate how big an impact MiFid II will have on their businesses when they are required to report charges to clients from 3 January 2018, said OpesFidelio members at its annual conference in Prague.