Regions
Fears of rising depositary fees follow Ucits V introduction
The introduction of a new law governing Ucits could lead to an increase in fees charged by depositary banks responsible for holding the funds, industry experts have warned.
DBS front runner for Barclay’s HK and Singapore wealth units
Singapore’s DBS Group is reported to be the front runner to buy Barclay’s Hong Kong and Singapore private wealth units, reports the Straits Times.
Standard Life’s 1825 buys two firms in a week
Standard Life’s wholly-owned financial planning business, 1825, has agreed to acquire Scottish corporate and wealth management advice business Munro Partnership, having agreed to acquire Norwich-based Almary Green last week.
Efama urges EU to create Europe-wide pension produc
The European Fund and Asset Management Association (Efama) has urged the European Commission to create a standardised Pan-European personal pension product (Pepp) – in response to ongoing plans to create a single market for financial retail products.
Neuberger Berman joins forces with Fideuram over Ucits funds
Investment manager Neuberger Berman has announced that it will team up with Italian private bank Fideuram Intesa Sanpaolo as part of a move to offer its Ucits fund range to more than 5,000 Fideuram clients.