Investment
Law firm loses appeal in ‘mafia risk’ property project
An Italian law firm has lost its appeal against a British High Court ruling that it was under a duty to warn investors over a failed property scheme that is now under investigation for allegedly being a money-laundering vehicle for the mafia and IRA.
Fixed Income | 30 Aug 17
Kempen launches European high yield fund
Dutch-based Kempen Capital Management has launched a European high yield fund targeting returns from BB-rated debt in the junk bond market.
Investment | 29 Aug 17
Gold rallies to high after North Korea missile launch
The price of gold surged to its highest level so far this year in the wake of North Korea firing a missile over Northern Japan.
Euro powers ahead as Draghi keeps silent
The euro has reached multi-year highs against all other major currencies this week after ECB-president Mario Draghi gave a blank speech at the Fed’s Jackson Hole meeting.
Expensive funds don’t earn their fees
In a quick comparison of the most and least expensive mutual funds, our sister publication, Fund Selector Asia, has found that on average those with high fees in Hong Kong and Singapore tend to underperform more often than those with low fees.