Europe
The case for fixed income ETFs – BlackRock
BlackRock expects the fixed income exchange traded products space to reach $2trn (£1.4trn, €1.75trn) by 2025, said Brett Olson, head of iShares fixed income EMEA.
Strong uptick in new business sales for Hansard
New business sales were up 167% in Hansard Global’s fiscal third quarter and up 113% during the nine months ending 31 March 2016, compared with a year ago, boosted by a large investment from company founder Leonard Polonsky.
Leniency offered to Norwegians confessing links to Panama
Norway’s economic crime authority has set up a dedicated phone number to give those with undeclared offshore assets linked to the Panama Papers the opportunity to come forward voluntarily and face lesser charges.
Int’l wealth business buoys weak Q1 for Credit Suisse
Credit Suisse’s international wealth management (IWM) business proved to the lone revenue bright spot in the bank’s disappointing first quarter results, which saw group revenue down more than 30%.
Janus Capital to roll out absolute return income fund
Janus Capital International has announced the launch of the Janus Absolute Return Income Fund across various European markets, including the United Kingdom.