Middle East
Half of professional athletes fail to seek financial advice
Almost half of professional athletes have given no thought to planning their finances for when their sporting careers end, according to findings from Old Mutual Wealth’s Financial Adviser School (FAS) and MA Sports consulting (MA).
BlackRock launches high yield bond fund
BlackRock has launched a fixed-term high yield bond fund, which primarily invests in US dollar denominated high corporate bonds with five-year maturities.
Middle East | 1 Feb 18
Who needs the new UAE promoter’s licence?
The UAE has introduced more regulations to clarify the rules surrounding the promoter’s licence, but while applications are already in, some areas could still be open to interpretation.
PEOPLE MOVES: Metlife, Aviva and WH Ireland
WH Ireland appoints a chief operating officer from Brewin Dolphin, Aviva expands its emerging markets debt team and Metlife names a new head of its global employee benefits team.
Dubai adviser convicted in landmark criminal case
A financial adviser from the UK has been convicted of running a business in Dubai without a licence, in what is understood to be the first conviction of its kind in the UAE.