Regions
Is duration risk an issue for high-yield investors?
As inflation is rising and interest rates seem to have bottomed, investors are reducing the duration of their bond portfolios. But is duration risk really a factor in all fixed income asset classes?
Tax & Regulation | 18 Jan 17
FCA punishes IFA firm for pension transfer failures
Bank House Investment Management, the personal wealth division of the UK-based Bank House group, has been barred from carrying out business such as advising on investments after an investigation by the regulator into its pension transfer business.
North America | 18 Jan 17
BlackRock fined $340k for removing whistleblower incentives
BlackRock has agreed to pay $340,000 (£278,844, €318,931) to settle charges that it forced soon-to-be ex-employees in the US to waive their ability to claim financial rewards for whistleblowing.
Gibraltar ‘well prepared’ for hard Brexit despite jobs warning
Gibraltar has said it is “well prepared” to handle the fallout from a hard Brexit, adding it could provide “significant opportunities” for the British overseas territory, after UK prime minister Theresa May confirmed on Tuesday that the country will pull out of EU single market.
JP Morgan AM adds Europe high yield short duration bond fund
JP Morgan Asset Management has launched a Ucits fund for investors looking to maintain their holdings in fixed income and limit their exposure to rising rates, while still achieving a reasonable level of income in the current low interest rate environment.