Europe
EU starts the countdown to IDD, set for Feb 2018 start
The Insurance Distribution Directive (IDD), which will regulate the distribution of insurance products across the EU, will come into full force by February 2018.
European fund buyers split on high yield bonds
Investors are in disagreement about whether high yield bonds are a good buy now. A quarter of European fund buyers plan to increase their allocation in the next 12 months, but an almost equally big share of them intend to decrease exposure. Fund flows have also been capricious of late.
Amundi launches pan European multi smart beta ETF
Amundi ETF has extended its smart beta range with the launch of a multi smart beta ETF which offers investors exposure to European equities.
Zurich nabs Generali CEO Mario Greco for top job
Zurich Insurance Group has announced that Mario Greco, the group chief executive of Italian insurer Generali, has agreed to take on the top job at the Swiss-based giant.
DV Global tie-up targets expat market
International distribution company DV Global has partnered up with platform provider Novia Global and DFM TAM Asset Management as part of a formal launch of its panel of products and services aimed at expat-focused financial advisers.