Europe
Axa finalises €189m sale of Portuguese units to Ageas
French insurance giant Axa has completed the sale of its operations in Portugal to Belgian insurer Ageas for €189m ($215m, £151m), the company has announced.
I’m not a eurosceptic, says Yanis Varoufakis
In this Q&A session, filmed at a Pan-European Congress hosted by International Adviser’s sister publication Expert Investor, Yanis Varoufakis reveals exclusively why he is not a eurosceptic. He also explains why he admires Wolfgang Schäuble, and much more.
Rathbones taps into offshore growth with four funds
Rathbone Unit Trust Management (RUTM) will offer four Luxembourg-domiciled funds to European investors next month in order to tap into the offshore market’s “considerable” growth potential.
Allianz to sell €4.5bn cache of Italian life policies
Insurance giant Allianz is looking to sell a portfolio of life insurance policies in Italy worth €4.5bn ($5.09bn, £3.6bn) as it struggles to cope with rock-bottom interest rates, Reuters has reported.
European investors shun Japanese, US large-cap in Feb
Outflows from open-ended funds in Europe continued apace in February, the latest data from Morningstar reveals.