Europe
UCITS sales slide by 17bn
Sales of UCITS dropped sharply by 17bn (£13bn, $20bn) in November, despite a surge in the sale of European long term funds throughout the month.
switzerland intl agreement tax evasion
The Swiss Government has launched a three-month consultation period on draft legislation that will pave the way for Switzerland to implement tax information sharing agreements with other countries.
New ETF to target undervalued Europe
Barclays has licenced its European sector value index to investment manager Ossiam for an ETF which targets undervalued sectors in the region.
Kames consolidates equity teams
Kames Capital has consolidated its UK and global equity teams with the appointment of a head of equities.