SEC
North America | 11 Aug 16
SEC charges former pro US footballer over $10m Ponzi scheme
A former professional American football player has been charged by the US Securities and Exchange Commission for running a $10m (£7.7m, €9m) investment fraud that promised returns as high as 20%.
People Moves | 11 Aug 16
PEOPLE MOVES: Schroders, Old Mutual, Royal London
Schroders has appointed a head of investment trusts for its UK intermediary business, while three non-executive directors at Old Mutual Wealth are to step down. Royal London Asset Management has added four to its global high yield team.
People Moves | 12 Jul 16
PEOPLE MOVES: UK prime minister, Old Mutual Wealth, UBS
For only the second time in its history the UK is to be led by a female prime minister. Old Mutual Wealth has appointed a chief risk officer, while UBS Asset Management has created a new sustainable and impact investing role.
North America | 8 Dec 15
SEC to accuse Credit Suisse of inflating private bank assets
The US Securities and Exchange Commission (SEC) is reportedly set to accuse Credit Suisse of misleading investors by improperly inflating reports of the assets under management in its private bank.
Thailand plans revising investor eligibility for mutual funds
Thailand has proposed revising the rules to ensure only accredited investors – such as high net worth individuals – with matching risk profiles are eligible to invest in high risk mutual funds.