News
AXA sell off in Hong Kong sees high demand, press report
Around two dozen bidders are competing to buy the Hong Kong wealth management unit of French insurance giant Axa SA, according to Reuters.
Momentum ETFs: the friendly trend
August was a hot month for momentum ETFs. The equity funds which track shares doing well in the stock market saw record inflows of $300m (€250m) from European investors, Blackrock reported.
Generali sells Dutch business to local insurer for €143m
Italian insurer Generali has agreed to sell its Dutch operation to the former Fortis insurance arm ASR Nederland for €143m (£129m, $171m).
Offshore trusts hit by fresh anti-avoidance measures
Anti-avoidance measures targeting the tax treatment of payments and benefits from offshore trusts will make the use of such vehicles less appealing, says FPI’s Brendan Harper.
Warning: scam victims being retargeted
Fraudsters are posing as anti-scam officers to trick people who have already fallen victim to fraud into handing over their personal and banking details.