Investment | 15 Sep 16
Pimco rolls out US IG corporate bond fund
PIMCO has launched the PIMCO Global Investor Series US Investment Grade Corporate Bond Fund.
Australia scraps A$500k lifetime superannuation cap
The Australian government has scrapped plans to introduce a controversial A$500,000 (£286,598, $383,675, €341,174) lifetime cap curbing the amount people can save into their pensions.
Best Practice | 15 Sep 16
The world will ban commission within five years, says JPMAM
Regulation is moving at such a fast pace that within five years all financial services markets around the world will ban commission and implement an RDR-like regime, Jasper Berens, head of UK funds at JPM Asset Management has predicted.
Number of European active funds beating benchmarks rose sharply in 2015 – Lyxor
Lyxor Asset Management has found that close to half of European domiciled active funds outperformed their benchmarks last year, a big increase on 2014.
Ailo calls Priips veto a ‘bloody nose’ for the EU
The European Commission has finally been given a “bloody nose”, says the head of the trade body for international life offices, Alan Morgan-Moodie, referring to the European parliament’s decision on Wednesday to overwhelmingly reject the standard for implementing the upcoming controversial Priips regulation.