Recession risk is on the rise – the key factors to watch
While markets could remain complacent and expensive for a long time, recession risk is rising, says asset manager Robeco. Fidelity is also increasingly cautious, expecting “the longest equity bull market since World War II” to end within 18 months.
AI robo-adviser Aqumon the latest to launch in Hong Kong
A robo-adviser that uses machine learning to create a balanced investment portfolio for clients is the latest automated service to launch in Hong Kong amid a string of new entrants into the competitive market.
Best Practice | 5 Jul 17
Eight tips to consider before advising millennials
Today’s millennials are tomorrow’s clients, says Craig Featherby, chief executive of South African advisory firm Carrick Wealth. Their different attitudes to things like money mean millennials use language differently to talk about it. In order to advise them, we need to understand how they communicate, he adds.
Standard Life adds offshore bond to Elevate platform
Standard Life has announced that its offshore bond will now be available on the UK insurer’s adviser platform business Elevate.
Ex-Spurs star Ramo Vega’s Swiss AM told to refund £60K fees
A wealth management firm founded by former Spurs footballer Ramon Vega has been ordered to refund nearly £60,000 ($68,330, €68,330) in fees by the UK’s financial ombudsman.