Regions
Trump election sparks record US equity inflows
Donald Trump’s election victory has triggered an almost unprecedented move into US equities. According to Lipper fund flows data, American investors funnelled a record net sum of $27bn (£21.6bn, €25.2bn) to US equity ETFs during the seven days after the election.
Investment | 18 Nov 16
FCA demands ‘all-in’ charge in active management crackdown
The FCA has criticised the “weak price competition” among asset managers, attacking actively managed funds for failing to outperform their benchmark once fees have been taken into account.
Ailo slams EU over Priips ‘quick fix’ approach
The trade body representing international life offices has blasted the European Commission’s (EC) handling of the controversial Priips regulation, delayed last week until January 2018.
Man Group closes Dubai office, to serve Middle East from UK
Man Group, the world’s biggest listed hedge fund, plans to close its office in the Dubai International Financial Centre and service its Middle East clients from London.
Tax & Regulation | 17 Nov 16
Ex-Providence director in court over alleged sexual assault
Steve Dewsnip, one of the former directors of the collapsed Guernsey-based Providence Investments Funds, has appeared in court in London accused of sexual assault.