Middle East | 22 Aug 14
Private bank loses $200m case in DIFC
DIFC-based Bank Sarasin-Alpen has lost a significant case against a wealthy Kuwaiti family, after it was found to have mis-sold investments worth $200m during the 2007/2008 financial crisis, with its CEO singled out for particular criticism.
Fidelity to merge Ayesha Akbars funds
The company said it is planning to merge its £209m International Fund into its smaller £9m Open World Fund.
Peter Drake life offices and advisers criticised
An adviser who claims his clients were refused redemptions by LM Investment Management for around three years prior to its collapse, has launched a scathing attack on those he feels are culpable.
North America | 20 Aug 14
Hard work will reap rewards
With FATCA now a reality for millions of foreigners residing in the US and American expats abroad, laying the groundwork for an effective cross-border response has been essential.
Three UK equity fund newcomers to look out for
Head of investment research at Morningstar OBSR, Ruli Viljoen, picks his top three newcomers into the UK equity fund space.