Europe
Pacific Insurance unit buys stake in Chinese asset manager
China Pacific Insurance Co. (CPIC), the country’s third largest life insurer, has bought a 51% stake in Chinese fund management company GTJA Allianz Fund Management and will share ownership of the firm with Germany’s Allianz.
Qrops ‘fire sale’ averted as reforms survive Finance Bill cull
Reforms overhauling overseas pension transfers may have survived the UK government’s wide-ranging cull of the Finance Bill in a bid to avoid a “fire sale” of Qrops, according to Rachael Griffin, financial planning expert at Old Mutual Wealth.
ANALYSIS: All stars aligned for European equities
The fact that the Euro Stoxx 50 index recorded its largest one-day gain since July 2012 on Monday suggests the importance for investors of Emmanuel Macron’s victory in the first round of the French presidential elections can hardly be overestimated.
ANALYSIS: The European funds to back if bank rally continues
European shares have rallied strongly on the outcome of the first round of France’s presidential election, but which funds stand to do best from the change in sentiment towards the region?
Europe ex UK funds to watch based on their AUM
The following funds are among the largest and most established in the European ex UK equities sector, all featuring experienced managers that have established investment processes.