Asia
Retail investors account for just 7% of Indian ETFs
Low fees and no commission stopping advisers from recommending passives
Allianz wins landmark China insurance approval
Company will be the nation’s first-ever foreign wholly-owned insurance holding company
Value Partners ventures into thematics
It will be launching a technology-focused multi-asset product after receiving regulatory approval
Malaysian firm launches Islamic closed-end fund
Fund is available to investors with assets of more than 3m ringgit (£559,000, $715,000, €627,000)
View claims from customers’ perspective, insurers told
Companies should work on claims’ feedback not a better claims experience