Industry
Copia launches first ETF led Smart Beta portfolio in the UK
Copia Capital Management, part of the Novia group, is partnering with US ETF provider First Trust Advisors and US-based momentum strategists Dorsey, Wright & Associates to launch two new portfolios in its Smart Beta range, becoming the first proposition to enter the UK adviser market.
FPI deal helps Aviva to boost Asian growth
UK insurance giant Aviva said overall operating profit from its life and general insurance and health businesses across Asia grew to £238m in 2015, up from £85m the previous year, in part due to a big contribution by Friends Provident International.
People Moves | 10 Mar 16
PEOPLE MOVES: Aviva, Deutsche Bank, PwC…
Aviva has announced two changes in its General Insurance division; while Deutsche Bank has appointed a chief country officer for Luxembourg. PwC has named a new global chairman, with Jersey Finance establishing a greater London presence.
Smart IM adds clean share classes to Smartfund range
Smart Investment Management, a wholly-owned subsidiary of platform technology provider Praemium, has added clean share classes to its Smartfund 80% Protected range.
Barings to become giant global fund after MassMutual mergers
MassMutual, a major US-based mutual life insurance company, has announced a $260bn (£183bn) merger of four asset management affiliates which will be combined under the Barings brand.