UK slips to 18th place in retirement security ranking
Retirement security in the UK took a hit in a global ranking, falling one notch to number 18 among 43 developed countries.
Smith & Williamson unveils Artificial Intelligence equity fund
London-based investment boutique Smith & Williamson has launched a global thematic Artificial Intelligence equity fund.
Managers slash US weighting to nine-year low
Global fund managers’ exposure to US equities has fallen to its lowest level since January 2008, according to the BofA Merrill Lynch fund manager survey for July.
FPI acquisition by RL360° a ‘game changer’ says CEO Kneeshaw
Aviva’s decision to sell Friends Provident International (FPI) to RL360° for £340m ($444m, €384m) is “a game changer” for the life insurance industry, David Kneeshaw, chief executive of RL360°, told International Adviser.
Middle East | 19 Jul 17
Half a million expats leave Saudi as amnesty draws to a close
More than 570,000 expats have left Saudi Arabia by taking advantage of an amnesty offered by the government that aims to make the Kingdom ‘violator free’ by 25 July.