Regions
Outflows dampen UBS fourth quarter and annual results
Outflows from Europe and emerging markets dented UBS Wealth Management’s fourth quarter results, while annual inflows ebbed dramatically standing at less than a third of their 2014 levels.
Surge in Indian-only funds in 2015
UK online investment platform Rplan saw a 280% year-on-year increase in flows into Indian-only funds in 2015, as investors looked to capitalise on the stock market’s strong performance over the past year.
EU starts the countdown to IDD, set for Feb 2018 start
The Insurance Distribution Directive (IDD), which will regulate the distribution of insurance products across the EU, will come into full force by February 2018.
Advisers shun China short term
A quarter of advisers say they do not plan to allocate any investments to China over the next six months, according to research from Cofunds.
Middle East | 1 Feb 16
UAE Insurance Authority issues licence to Guardian Wealth Mgt
The UAE’s insurance regulator has granted its first brokerage licence in around eight years, to international IFA firm Guardian Wealth Management.