Companies
DeVere pays 190k for misselling
A financial adviser has won a long-standing battle against deVere UK to return £190,000 to his clients after the multi-national advisory firm mis-sold high-risk products.
Aegon targets low volatility investors
Demand for low-volatility investment products is set to grow, Aegon said on Wedesday, as pension changes see an increase in retirees choosing drawdown and investors burned in the financial crisis remain cautious.
Dull US stocks set to shine Hermes
Low quality stocks have led the recovery in the US so far, with QE contributing to excess liquidity, however higher quality although perhaps “unglamorous stocks” will see a resurgence according to Hermes’ Mark Sherlock.
GAM targets Indian equities with outsourced fund
In a bid to take advantage of the continued investor interest in India, GAM has launched a new equity fund.
Novia appoints head of sales for new offshore
Novia Global has hired a head of sales and marketing for its newly created international platform aimed at expatriates around the world.