Regions
ALFI sees Brexit uncertainty but Chinese opportunity
Asset managers with an anchor in Europe most likely won’t be losing too much sleep over the prospect of the UK leaving the EU, but they should still be preparing for the coming uncertainty, says ALFI.
Retirement | 3 Feb 16
Pension costs a growing concern for UK employers, ACA says
The rising costs of providing pensions to staff is becoming a bigger concern to UK employers, according to the final report by Association of Consulting Actuaries (ACA) on its 2015/16 pension trends survey.
Axa sells Hungarian banking operations to focus on retail
Axa Bank Europe, part of the global insurance and asset management giant Axa Group, has agreed to sell its Hungarian operation to OTP Bank in a move that will see it fully focusing on retail banking.
China curb on credit card premium payments hits insurers
China’s reported crackdown on capital outflows by restricting the use of a major credit card to purchase insurance products in Hong Kong hit shares of some of the region’s top insurers on Wednesday.
Asset managers keep faith in European equities
The bears have gone back into hibernation, and European equities will return in excess of 5% in the remainder of the year. That’s the almost unanimous opinion of international asset managers.