United Kingdom | 17 Jun 14
Is active management now cheap enough to justify
New research by the Pensions Institute demonstrates that even star fund managers struggle to beat the benchmark, when costs and fund size is included.
Hong Kong looks to boost Islamic finance
Hong Kong’s financial regulator has said it is to work closely with the Malaysian authorities to develop its Islamic financial market and promote Shariah-compliant products to both local and international investors.
Cyprus fund association admitted into EFAMA
The Cyprus Investment Funds Association (CIFA) has become a member of EFAMA following a “rigorous assessment” of Cyprus’s fund management framework.
BlackRock Asian Growth Leaders Fund opens
BlackRock has launched its Luxembourg-domiciled Asian Growth Leaders Fund to retail investors in Hong Kong.
EFAMA says industry wants more time for MiFID II
The director general of EFAMA has said the financial industry feels ‘rushed’ into implementing MiFID II following a discussion on EU regulatory initiatives at the group’s annual general meeting.