Asia
Advisers shun China short term
A quarter of advisers say they do not plan to allocate any investments to China over the next six months, according to research from Cofunds.
Chinese Ponzi scheme scams billions from 900,000 investors
Chinese authorities have arrested 21 people involved in a peer-to-peer (P2P) lending scheme suspected of defrauding 900,000 investors of around CNY50bn (£5.3bn, $7.6bn, €7bn).
Japan’s move to negative rates sees FTSE edge over 6000
The FTSE 100 edged back over 6000 on a wave of positive sentiment triggered by the surprise announcement that Japan has moved to negative interest rates.
Goldman Sachs AM enters Singapore retail funds market
Goldman Sachs Asset Management (GSAM) has announced plans to launch a range of 13 investment funds to retail investors in Singapore over the next two months after receiving permission from the Monetary Authority of Singapore.
Survey: Low-yield world seen as the big challenge
A majority of institutional investors want to diversify away from “highly correlated” stocks and bonds and are concerned about meeting long-term liabilities.