Regions
Fixed Income | 16 Nov 16
Absolute return disappointment stymies cautious investors
Asset allocators moved materially back into fixed income in the third quarter, often at the expense of absolute return funds, Natixis said on Wednesday.
Tax & Regulation | 16 Nov 16
FCA slams exit charges on Lifetime Isas
The UK’s Financial Conduct Authority (FCA) has warned about the risks of imposing a 25% exit fee on the upcoming Lifetime Isas.
North America | 16 Nov 16
Guernsey cosies up to Trump
Guernsey chief minister, Gavin St Pier, has written to the US ambassador to the UK asking him to extend the island’s congratulations to Donald Trump on his election win.
Regular premium sales up nearly 20% in Asia, reports Prudential
Prudential reported a 19% increase in new business profit for the first nine months of the year, driven mainly by a strong performance at its Asian life business.
UK platform sales plummet to lowest point since RDR
Net fund flows via UK platforms fell to £8.6bn ($10.7bn, €10bn) in the third quarter of this year, the lowest level since RDR was introduced in Q1 2013, according to the latest Fundscape Platform Report.