Europe
fidelity partners with feifa
Fidelity Worldwide Investment has become the latest company to join the Federation of European IFAs as part of its partnership programme.
european ucits see outflows double in september
European Ucits funds saw net outflows more than double from August to September to just short of 50bn, according to the European Fund and Asset Management Association.
sanlam buys majority stake in Swiss tax firm
Sanlam Private Investments (SPI), part of South Africa-based Sanlam Group, has acquired a majority share in Summit Trust International a Swiss international fiduciary and tax services company.
feifa links with aussie expat service
The Federation of European Independent Financial Advisers has formed a joint initiative with Elston Partners, a Brisbane-based advisory firm specialising in Australian expatriates.
guernsey iom downgraded by s and p
Credit ratings agency Standard & Poors has downgraded Guernsey and the Isle of Man from AAA to AA+, outlook stable, owing to concerns over their external vulnerability and lack of monetary flexibility.