Industry
Schroders launches flexible catastrophe bond fund
Investment management group Schroders has launched a flexible catastrophe bond fund which will invest up to 25% in private cat bonds and be able to take tactical short positions.
Qatar licences first family office advisory firm
FACT Middle East, a specialist family office business, has been granted a licence by the Qatar Financial Centre Authority (QFCA) and is now fully operational in the Persian Gulf state.
Old Mutual boss to step down
Old Mutual’s Julian Roberts has stepped down from his role as chief executive after seven years and will be succeeded by Bruce Hemphill.
Retirement | 14 Apr 15
Gov’t urged to protect ‘insistent’ consumers against DB pension transfers
The Personal Finance Society has written to the UK Government calling for increased protection for clients who insist on cashing in their pensions against the advice of a financial adviser.
Wealth manager ‘dating’ service secures £500k
A UK-based online “dating” service that matches affluent individuals with wealth managers has been granted half a million pounds to help build up its business in Asia.