Asia plans to rival Europe with UCITS like regime
Singapore, Australia, Korea, New Zealand, the Philippines and Thailand have begun a joint consultation on the rules and regulations for operating the Asia Region Funds Passport, a framework which will look similar to recent UCITS legislation in Europe.
United Kingdom | 15 Apr 14
fscs annual levy jumps
The FSCS has announced that its total annual levy for 2014/15 will be less than predicted, but financial advisers will face an increase in charges.
ita launches expat focused portfolio bond
Investors Trust Assurance (ITA) has added a portfolio bond to its product range which will specifically target the offshore expatriate market.
Old Mutual Global boosts Asia distribution team
Old Mutual Global Investors has beefed up its Hong Kong based Asian distribution team and has further plans to further boost the sales team during the year.
blackrock receives rqfii license
BlackRock Asset Management North Asia, a subsidiary of BlackRock, has received its first renminbi Qualified Foreign Institutional Investor (RQFII) license from the China Securities Regulatory Commission.