LM investors recover A$40m from retirement village
Thousands of customers invested in an LM Investment Management fund have received their biggest return since the collapse of the company.
Wealth Interactive our top priority
Old Mutual International (OMI) said its online Wealth Interactive Platform is the “top priority” for the company following some challenges, and has outlined plans to extend into Africa and Latin America throughout the rest of 2015.
Turnover of HK-listed ETFs soars in 2014
The total annual turnover of exchange traded funds and real estate investments trusts listed on the Hong Kong exchange soared 25% year-on-year to reach a record-high of HK$1.23trn ($150bn), according to the Hong Kong stock exchange.
Investment | 12 Mar 15
Model portfolio discrepencies underline
UK financial adviser-built model portfolios generally do what they say on the tin in terms of risk, but, there are large discrepancies in terms of how those risks are rated.
Industry giants rally combat savings crisis
A group of 150 financial companies are pushing for a “savings minister”, an overhaul of pension tax relief, and the development of a digital passport to tackle an emerging savings crisis.