News
Tide turns against Trump’s US in latest sentiment measure
Investors are moving on from US equities in favour of UK gilts and gold according to the latest Lloyds Bank Investor Sentiment Index.
Crocodile Dundee fraudster’s Italian trial collapses
The Italian trial of a Jerseyman at the centre of Australia’s biggest ever tax evasion scandal that ensnared Crocodile Dundee star Paul Hogan has collapsed.
Emerging Markets | news 23 Aug 17
Strong EM passive fund inflows pressure active fees
As passive products increase their market share among emerging market funds, active fund managers must outperform to justify their fees, argues a report by Cerulli Associates.
India’s Centrum Group gets broking licence, plans expansion
Indian financial conglomerate Centrum Group has obtained an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI), with which it plans to expand its business.
S Africa inks key legislation to overhaul financial regulation
After nearly two years’ delay, South African president Jacob Zuma finally signed the Financial Sector Regulation Act (2017) into law on Monday, which established two new financial regulators.