Industry
Australia’s Findex to offer ‘commission free’ life policies
The Findex Group, one of Australia’s major independent wealth management firms, has announced that all new life insurance policies sold will be commission-free.
HSBC GAM launches global dividend fund
HSBC Global Asset Management is due to launch Global Equity Dividend Fund on 24 July which will target investments in companies with dividends and the promise of capital appreciation.
Tax & Regulation | 21 Jul 15
Serious Fraud Office plans budget cut of 35% despite rise in inquiries
The Serious Fraud Office is to cut its budget by 35% over the next financial year, despite a rise in the number of new investigations opened during 2014-15.
Int’l investments propel HK fund management business to record high
Combined fund management business in Hong Kong increased by over 10% last year to reach a record high of $16.7bn, including a contribution of over $12.4bn from international investors.
Capital Group opens blue-chip global equity fund to UK investors
US investment management firm Capital Group is targeting the multi-national corporate spectrum with the launch of a blue-chip equity fund.