Europe
EU ready to blacklist UK – report
The European Union is prepared to blacklist the UK if it uses tax competitiveness as leverage after Brexit, according to media reports.
BlackRock launches high yield bond fund
BlackRock has launched a fixed-term high yield bond fund, which primarily invests in US dollar denominated high corporate bonds with five-year maturities.
Fund industry chief backs pan-EU pension product
Luxembourg fund bosses are still hopeful of concrete progress this year on a single cross border pension product in the EU.
Craving for ETFs boosts European appetite for equity funds
European investors increased their risk appetite in 2017, recording high inflows into pure equity funds compared to outflows in the previous year, helped by a big rush into passive equity funds, according to a Thompson Reuters Lipper report.
PEOPLE MOVES: Metlife, Aviva and WH Ireland
WH Ireland appoints a chief operating officer from Brewin Dolphin, Aviva expands its emerging markets debt team and Metlife names a new head of its global employee benefits team.