Investment
Fixed Income | 22 Nov 17
Franklin Templeton shuts three funds; teases upcoming products
Franklin Templeton has announced it will be shutting three of its Oeic products, while hinting it has other investment offerings in the pipeline.
Asset managers to ramp up ETF offering
Most asset managers will offer ETFs in the next five years, according to two-thirds of respondents to an EY survey.
Investor confidence doubles over 12 months – Lloyds Private Bank
UK investors shrugged off leaving the EU, German election uncertainty, terrorism, the fall in the pound and a shaky housing market to say they were feeling bullish.
Investment | 21 Nov 17
Patience running out for Woodford trust as largest holding hit
This week has brought more bad news for Neil Woodford’s Patient Capital Trust, as shares in his largest holding Prothena tanked.
HSBC fined record HK$400m for Lehman Brothers-related failures
A Hong Kong tribunal has upheld disciplinary action taken against the local branch of HSBC Group’s Swiss private banking business for “material systemic failures” in relation to the sale of structured products, including from Lehman Brothers, in the run up to the global financial crisis.