Europe
Franklin Templeton launches global currency Sicav
Franklin Templeton Investment has launched a Luxembourg-registered global currency fund.
M&G to launch Luxembourg-based Sicav amid Brexit fears
M&G Investments has announced plans to launch Luxembourg-domiciled Sicavs in response to predictions that Britain is likely to experience a ‘hard Brexit’ when it leaves the European Union in 2019.
Political risk is European equities’ biggest threat – CBRE
The number one macroeconomic threat to European financial markets is political risk, according to Sabina Kalyan, global chief economist and head of EMEA strategy and research at CBRE.
Allianz invests $7m in Italian robo-adviser MoneyFarm
German insurance giant Allianz has bought an undisclosed minority share in Italian digital wealth manager MoneyFarm in a bid to keep pace with the fast-moving fintech sector.
Blacktower founder Westwood named chairman of trade body Feifa
John Westwood, managing director and founder of European IFA firm The Blacktower Group, has taken over as chairman at the Federation of European Independent Financial Advisers (Feifa).