Regions
Demise of the machines as Macquarie closes robo-advice unit
Macquarie’s direct robo-advice service is to be shut down with its automated advice offering integrated into the bank’s wealth platform following the sudden death of founder and chief investment officer John O’Connell.
Middle East | 15 Jun 17
Bahrain to lure fintech startups with regulatory sandbox
The Central Bank of Bahrain (CBB) is to create a regulatory sandbox so that startups and fintech firms can test their ideas and solutions and strengthen the Gulf state’s position as a regional fintech and financial services hub.
Investment | 14 Jun 17
Trump’s Paris exit throws up problems for ESG bond managers
US president Donald Trump’s decision to withdraw from the Paris Climate Agreement may result in securities issued by the US government becoming ineligible for ESG investors, experts say. But ESG fund managers are reluctant to disengage.
United Kingdom | 14 Jun 17
Ex-footballer Shearer in court over negligent financial advice
Alan Shearer is taking legal action against his former financial adviser after being given what he claims was negligent financial advice related to pension investments.
Netherlands urged to slash 30% expat tax break
The Dutch government may be looking to reduce a 30% tax break used by wealthy expats after it was deemed “too generous”, according to a new report.