Mirae tackles regulatory bumps on road to global expansion
The patchwork of global financial regulations present a key challenge when an asset manager wants to expand, said Mirae Asset Global Investments (HK) president and chief executive Jung Ho Rhee.
Middle East | 2 Aug 16
Expats in Saudi Arabia to face cap on moving money abroad
Expats living in Saudi Arabia sending money back to their home countries could face a cap in line with their earnings as the Kingdom looks to tighten rules around personal wealth leaving the country.
Aberdeen raises £115m for residential property fund
Aberdeen Asset Management has raised £115m ($152.2m, €136m) of equity from UK pension funds to invest in the fast-growing UK private rented sector (PRS).
Commodities | 1 Aug 16
Commodity-focused trusts top Q2 performers – QuotedData
The best performing UK trusts in the second quarter of 2016 were focused on commodities and natural resources, Vietnam and Latin America, according to investor research group QuotedData.
Best Practice | 1 Aug 16
IFAs stress that robo-advice is not the answer
Over 80% of UK-based financial advisers are unconvinced of the merits of robo-advice services to tackle the United Kingdom’s advice gap, according to research by Prudential.