News
People Moves | news 11 Jul 17
PEOPLE MOVES: Lombard Odier, Janus Henderson, Axa IM
Lombard Odier nabs a former Nomura heavy-hitter as investment firm Janus makes an addition to its multi-asset team. Axa IM appointed a new global head of sales while Tilney names a new regional hire.
Emerging Markets | news 11 Jul 17
M&G bolsters EM range with double fund launch
M&G Investments has strengthened its emerging market offering with the launch of two strategies focusing on the region’s hard currency debt and income opportunities, the company has announced.
Sony Life to set up shop in Singapore’s insurance market
Japan’s Sony Life Insurance has announced it plans to open dozens of locations in Singapore’s malls where it will offer clients policies from multiple insurers.
Investment | news 10 Jul 17
Majority of active funds not ‘closet trackers’, says report
A clear majority of UK active equity funds are not closet trackers and should not be tarred with that brush by the regulator, new analysis of the UK fund market suggests.
Tax & Regulation | news 10 Jul 17
UK IFA under fire over Sipp transfer into Saint Lucia property
A UK-based advice firm which recommended a Sipp transfer, has been ordered to compensate the client after she went on to invest her entire pension pot in a high-risk property venture in Saint Lucia.