Industry

Technology | 8 Jul 16

UK robo-advisers are ‘wired’ to lose money and most will go bust before acquiring the sizeable assets under management needed to survive, a scathing new report has warned.

Asia | 8 Jul 16

The fast development of China’s financial industry and the firm’s increasing interest in A-shares calls for an on-the-ground presence that will initially be research-focused, said Frank Wheeler, global head of distribution.

Equities | 7 Jul 16

Schroders has launched the Schroder GAIA Indus PacifiChoice long/short equity fund in partnership with Indus Capital Partners, with the aim of delivering high risk adjusted returns while preserving capital during difficult market periods.

People Moves | 7 Jul 16

Aviva Investors has named a new chief executive for its French operation, while Axa Investment Managers has boosted its responsible investment team. Overseas Trust and Pension has appointed a managing director, with Pimco adding an emerging markets strategist and a portfolio manager.

Asia | 7 Jul 16

Italian insurer Generali has strengthened its presence in Hong Kong with the launch of a new company that will offer a range of life insurance and unit-linked products to high net worth individuals and mass affluent customers.