Investment
Alternatives | 16 Feb 18
New Earth liquidators assessing legal options
Liquidators of the failed New Earth Recycling and Renewables (NERR) fund now have more than 200,000 documents in their possession and want to establish if there is a case to take legal action against any party deemed liable for the collapse.
S Africa advisers want ‘cool heads to prevail’ post-Zuma
The resignation of South Africa’s embattled president Jacob Zuma is a positive step for the country’s economy, but advisers warn the change of guard does not guarantee success for the struggling nation.
Best Practice | 15 Feb 18
How was the British Steel pension scandal allowed to happen?
A damning report from the UK’s Work and Pensions Committee has blasted the actions of some financial advisers who acted like “vultures”, and who “bamboozled” British Steel Pension Scheme (BSPS) members, raising questions about how this could happen in a post-RDR world?
Environmental investing is suffering an identity crisis
More than £1bn of retail money flowed into ethical funds in 2017, representing the highest annual level of sales for this type of fund ever, but the sector’s progression is stifled by an identity crisis.
Foreign managers to take 25% of China’s market – report
Global asset managers are expected to hold 25% of China’s mutual fund industry assets within a decade, due to regulatory changes and the competitiveness of the foreign firms, according to Shanghai-based consultancy firm Z-Ben Advisors.