Emerging Markets | 11 Jul 17
M&G bolsters EM range with double fund launch
M&G Investments has strengthened its emerging market offering with the launch of two strategies focusing on the region’s hard currency debt and income opportunities, the company has announced.
Sony Life to set up shop in Singapore’s insurance market
Japan’s Sony Life Insurance has announced it plans to open dozens of locations in Singapore’s malls where it will offer clients policies from multiple insurers.
Investment | 10 Jul 17
Majority of active funds not ‘closet trackers’, says report
A clear majority of UK active equity funds are not closet trackers and should not be tarred with that brush by the regulator, new analysis of the UK fund market suggests.
Tax & Regulation | 10 Jul 17
UK IFA under fire over Sipp transfer into Saint Lucia property
A UK-based advice firm which recommended a Sipp transfer, has been ordered to compensate the client after she went on to invest her entire pension pot in a high-risk property venture in Saint Lucia.
Spain bows to pressure to introduce nationwide tax rates
Spain has unveiled plans to reform its nationwide tax system amid mounting pressure on the government to address “substantial tax disparities” between the country’s 17 autonomous regions.