News
Smart beta assets up 57%
Smart beta ETFs have gained significant market share in Asia Pacific but are struggling globally, according to Morningstar.
Cyberattack hits 5,400 Axa Insurance customers
Personal data belonging to around 5,400 Axa Insurance customers in Singapore was compromised in a cybersecurity incident.
Life sentences for $7.6bn China Ponzi scheme masterminds
The architects behind a Ponzi scheme that cheated 900,000 investors out of CNY50bn (£5.8bn, $7.6bn, €6.4bn) will spend their lives behind bars.
Investment | news 12 Sep 17
Woodford flagship fund snubbed
Neil Woodford’s flagship Equity Income fund has been removed from FE’s approved list amid concerns over its “illiquid” investments and replaced by his recently launched Income Focus fund.
Poor advice record keeping surprises Guernsey regulator
Regulators in Guernsey have called on the island’s investment and insurance intermediaries to sharpen up following a thematic review that found room for improvement in the advice process.