North America
Prudential restructure sees US broker network sell-off
UK insurer Prudential has sold its US independent broker-dealer network to focus on local retirement products just days after announcing plans to merge its UK insurance and asset management businesses.
North America | 15 Aug 17
Three charged in US oil drilling scam promising 55% returns
The US Securities and Exchange Commission has charged two men and an accomplice with defrauding $15m (£11.6m, €12.7m) from more than 150 investors in a scam that promised high returns from an oil drilling investment opportunity.
ETF pioneers launch ‘white label’ platform for asset managers
Asset managers around the world will be able to sell white-labelled ETFs in Europe when the former co-heads of
exchange-traded fund provider WisdomTree Europe unveil what they claim is the continent’s first such platform.
Investment | 14 Aug 17
Six of the best US ETFs
Passive funds have enjoyed a stellar time in the US as valuations ride higher and higher. Here, IG Group’s Oliver Smith looks at the six best ETFs to access booming US markets.
North America | 11 Aug 17
US court upholds IRS penalty on US expat demanding tax refund
A US court has dismissed a complaint by an American citizen residing in Canada who claimed to have paid an unconstitutional penalty for failing to file the fiscal documentation required for his offshore business.