Europe
Alternatives | 27 Feb 15
Gibraltar SX to give small funds entry to Europe
Gibraltar’s first stock exchange is to give European investors access to funds that do not have a licence to market in the region.
Profit and sales drop at Old Mutual International
Old Mutual International (OMI), which rebranded from Skandia International at the end of last year, saw a drop in profit and sales over 2014 as it struggled with the costs of implementing its new wealth management platform and continuing regulatory changes.
New multi-asset funds overtake bond funds in 2014
The number of new mixed-asset funds launched in 2014 and registered for sale in Europe exceeded the number of bond launches last year and accounted for 25% of the market, data from Lipper showed.
ITA grows Middle East business in Dubai
Investors Trust Assurance (ITA) has opened an office in the Dubai International Finance Centre (DIFC) to increase its activity in the Middle East.
European investment funds soar to record levels
Net sales of European investment funds reached an all-time high of 601bn (£443bn, $685bn) in 2014 with UCITS sales almost doubling, a report revealed today.