CIMB-Principal passports first ASEAN cross-border funds
Kuala Lumpur-based fund house, CIMB-Principal Asset Management, has passported the first funds under the ASEAN collective investment scheme (CIS) framework.
Retirement | 8 Sep 15
Failed pension transfers rising due to IFA ignorance
The number of pension transfers being rejected by providers is increasing as financial advisers are unaware of the permissions they need to authorise transactions, according to a retirement planning specialist.
New IA working group to investigate fund manager pay
The Investment Association, which represents the UK’s £5.5trn investment management sector, is to examine executive pay across the industry in a bid to simplify what it acknowledges are complex structures.
RSA to sell Latin American arm for £403m
UK-headquartered RSA Insurance Group is to trade-in its businesses in Latin America for £403m as the firm continues the sell-off of its non-core operations.
BlackRock launches multi-factor ETF trio
BlackRock has added to its smart beta capability with a triple ETF launch.