People Moves | 9 Jul 14
wma ceo tim may to step down
Tim May will step down as head of the Wealth Management Association later this year, after four years in the role.
WMA doubts RDRs future in a MiFID worlsd
The Wealth Management Association (WMA) has cast further doubt on whether the UK’s Retail Distribution Review (RDR)and the upcoming Markets in Financial Directive (MiFID II) will be able to coexist, as it attempts to cope with the latter’s “horrendous” consultation period.
hk fund management assets continue to rise
Hong Kong’s fund management business continued with its uptrend in 2013 with the combined assets at the end of the last year rising by nearly 27% over that of 2012.
LG register SICAV funds for German
Legal & General Investment Managers has registered its SICAV funds for distribution in Germany for the first time.
Thailand offers more channels for mf distribution
Thailand is introducing an additional mutual fund distribution channel and has allowed state-owned non-bank companies to act as agents.