Industry
Ashmore’s AUM hits $70bn as investors clamour for EM
Ashmore continued to benefit from high investor demand for emerging markets products, recording close to $8bn (£5.7bn, €6.5bn) in net inflows over the first half of the year.
Old Mutual launches excess income trust and calculator
Old Mutual Wealth and Old Mutual International have both launched an excess income trust solution and online tool to help advisers offer a simple and tax efficient way to pass on wealth.
SEI Wealth Platform adds £10bn assets in 2017
SEI Wealth Platform increased assets under administration by £9.3bn to £41.4bn ($57.6bn, €46.7bn) in 2017, its parent company has reported.
Credit Suisse fined in Hong Kong
Hong Kong’s regulator has fined and reprimanded Swiss wealth manager Credit Suisse for internal control failures and selling unsuitable products.
Fixed Income | 8 Feb 18
Invesco expands Luxembourg-domiciled Ucits range
Invesco has expanded its Luxembourg-domiciled Ucits range with the launch of the Sustainable Allocation and Global High Yield Short Term Bond funds.