Europe
European equities ready for a resurgence?
Despite the prevailing negative market sentiment towards the continent, expensive US equities and an accelerating Eurozone economy are making European equities more attractive, investment analysts have said.
European equity funds in record sell-off
European equity funds experienced their largest ever monthly net outflows in July, beating the previous record set in January 2008, according to Morningstar fund flows data.
Fund fees fall across Europe – Morningstar
The average net expense ratios of European-domiciled funds have come down across the board since 2013, according to a study by Morningstar.
Turkey approves new auto-enrolment law for private pensions
Turkey’s parliament has approved a new law that will require workers under 45 to be automatically enrolled in a private pension plan, in a bid to boost the country’s retirement savings.
Jersey signs cooperation agreement with Liechtenstein
The Jersey Financial Services Commission (JFSC) has signed a memorandum of understanding with Liechtenstein’s Financial Market Authority (FMA) to cooperate on supervisory matters, information exchange and the oversight of regulated firms.