Investment
Hong Kong regulator issues HK$6.4m fine to asset manager
Over its control failures in solicitation and recommendation of bonds
Pension scams morphing into investment-like fraud
Regulatory action failing as think tank says lack of data obscuring ‘true scale of the issue’
UK lifeboat scheme pays £2.3m to Ponzi victims
It aims to complete all claims by the end of July 2020
SJP’s focus on carbon for passive range deemed ‘odd’
But excluding oil, autos, conventional power and airlines would lead to higher tracking error