Investment
Govt sets up asset management taskforce
A taskforce to examine how the £8trn ($10.6trn, €9.1trn) UK asset management business can beat the Brexit blues will be set up by the Treasury, City minister Stephen Barclay has revealed.
Invesco launches first preferred shares ETF
Invesco PowerShares has launched its first preferred shares ETF in Europe.
Hong Kong fund house breaks into Switzerland
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.
Nutmeg losses widen despite surge in customers
Nutmeg, the online investment manager, saw losses rise to £9.3m ($12.5m, €10.5m) last year despite a surge in customer numbers.
Investment | 2 Oct 17
Diamond backed cryptocurrency exposed
Two so-called initial coin offerings (ICOs) backed by investments in real estate and diamonds have been shut down by the US Securities and Exchange Commission.