Global demand for income products highest in Asia
Asian and United Arab Emirates investors show the highest demand for income products globally, according to a survey by Schroders.
Robo-advisers will struggle to make profit, says Morningstar
Robo-advisory firms will have to eat through all of the capital they raised in order to reach a profitable scale, according to fund research firm Morningstar.
HK shell company sold by deVere suspended by insurance regulator
Shell company Devere Group Hong Kong Ltd, which is no longer owned by the deVere Group, having been sold last year, has had its licence suspended by the Hong Kong insurance regulator.
Alternatives | 18 May 15
Dexion Capital launches alternatives platform
Dexion Capital has launched an alternatives UCITS platform called Dexion Liquid Strategies.
MiFID II delay raises industry compliance worries
The deadline for submitting the final draft technical standards for MiFID II has been pushed back to September, raising concerns over the time companies will have to adapt to the industry-wide regulation.