Regions
Middle East | 8 Jul 16
Saudi’s Sedco Capital to manage new MENA Ucits Fund
Saudi Arabia-based fund manager Sedco Capital has been awarded a mandate by Milltrust International to manage a new Middle East and North Africa (MENA) fund.
Technology | 8 Jul 16
UK robo-advice financially unviable, warns investment firm SCM
UK robo-advisers are ‘wired’ to lose money and most will go bust before acquiring the sizeable assets under management needed to survive, a scathing new report has warned.
Matthews Asia plans mainland China office
The fast development of China’s financial industry and the firm’s increasing interest in A-shares calls for an on-the-ground presence that will initially be research-focused, said Frank Wheeler, global head of distribution.
Best Practice | 7 Jul 16
UK adviser profit growth under threat
Despite 68% of UK financial advisers reporting more profitable operations this year compared with 2015, low growth in client funds is a potential threat to future profits.
France looks to attract British expats using tax breaks
France’s prime minister, Manual Valls, has vowed to make its tax regime for British expatriates the most favourable in Europe as Paris looks to lure talent away from London’s financial services industry following last month’s Brexit vote.