Regions
Middle East | 3 Nov 15
Qatar Fund details tender offer ahead of vote
Isle of Man-based Qatar Investment Fund (QIF), which invests largely in Qatari-listed stocks, has announced details of its planned tender offer ahead of a discontinuation vote at its annual general meeting on 12 November.
OMGI UK Smaller Cos offshore fund loses Gold rating as Nickols steps down
Morningstar has placed the former Gold-rated Old Mutual UK Smaller Companies Focus fund under review following the announcement that manager Dan Nickols is to step down.
Hong Kong brokerage fined $4m over investment sales failures
The Asia arm of Okasan International has been fined $4m after failing to ensure investment products were suitable for clients.
Mergers favoured as half of UK funds close in 10 years
Just under half (48%) of all UK domiciled funds that were active on 30 September 2005 are now closed, according to Lipper, a Thomson Reuters company.
Singapore reviews onus of IFA conduct over insurance sales
Singapore’s financial regulator is examining whether advisers or life companies are responsible for the training, competency and conduct of intermediaries selling insurance.