Investment | 1 Jul 15
JP Morgan cuts costs on Luxembourg SICAV range
JP Morgan Asset Management (JPMAM) has lowered operating and administration costs by 10 basis points on key share classes in its Luxembourg SICAV fund range.
People Moves | 1 Jul 15
Allfunds Bank hires Shapland to spearhead fund platform’s ‘next stage’
Allfunds Bank, one of Europe’s largest mutual fund platforms, has named Simon Shapland to “take it into its next phase” as the new head of its office for UK and Ireland, with immediate effect.
People Moves | 30 Jun 15
Hector Sants joins Julius Baer International
Former Financial Services Authority chief executive Hector Sants has been named as the chairman of Julius Baer International from 1 July.
Passive funds to grow in popularity across Asia Pacific region says report
Passive funds are set to be increasingly used as core holdings for client portfolios in the Asia-Pacific region, according to a report by global analytics firm Cerulli.
Middle East | 15 Jun 15
Saudi Arabian stock exchange opens to foreign investors
Saudi Arabia has today opened its $570bn Tadawul stock exchange to direct foreign investments for the first time, which is widely seen as a crucial stepping stone to the kingdom’s entry into the MSCI Emerging Markets index.