News
Investment | news 2 Mar 17
Lyxor launches green bond Ucits ETF
Lyxor Asset Management, the European fund manager wholly owned by Societe Generale, has launched what it claims to be the world’s first green bond exchange-traded fund (ETF).
North America | news 2 Mar 17
US Labor Department proposes 60-day delay to adviser reforms
The US Labor Department has proposed a 60-day delay for the start of the fiduciary rule, which requires financial advisers to act in the best interests of their clients, in a move signalling a possible derailment of the controversial reforms.
Regulations to revamp Malaysia’s life sector, says Zurich
Malaysia’s life insurance industry, traditionally dominated by agency business, is set to see “rapid changes” once the country brings wide-ranging regulatory measures, according to Philip Smith, chief executive of Zurich Malaysia Bhd.
Commodities | news 2 Mar 17
Commodities beat bonds for portfolio diversification
With bonds no longer the diversifier they used to be, investors have to increase the number of building blocks in their portfolios.
China’s bank regulator to close loopholes, increase oversight
The freshly appointed chairman of the China Banking Regulatory Commission (CBRC) has vowed to close cross-market financial product loopholes and tighten oversight of the nearly CNY30trn (£3.5trn, $4.4trn, €4.1trn) held in Chinese banks’ wealth management products.