News
Tax & Regulation | news 16 Feb 17
New Earth’s fund manager expected to pay creditors in full
Isle of Man-based Premier Group, the fund manager behind the ill-fated £300m ($373m, €353m) New Earth Group of funds, will be able to pay its creditors in full, according to joint liquidator Craig Mitchell.
‘Hidden tech’ could be key to equities returns – Hermes
It was announced on Thursday that Snap, owner of Snapchat, has been valued at $22.2bn (£17.8bn, €20.9bn) ahead of its IPO next month, but could the secret to technology investments be in finding the ‘hidden’ technologies propping up the household names?
Best Practice | news 16 Feb 17
Mixed responses to UK pension scam consultation
The UK government’s consultation on tackling pension scams received mixed responses, as it acknowledged that the pension freedoms may have contributed to the rise in scams.
Australia’s IOOF profits fall after trimming adviser business
One of Australia’s biggest and oldest independent financial advice and wealth management companies, IOOF, has posted a 45% drop in net profit for the six months to 31 December 2016.
Sentiment toward equities drops sharply in 2017, research shows
Investor confidence in the stock market has halved in the past two years due to the joint impact of political uncertainty and low interest rates, according to research from the UK’s Association of Investment Companies (AIC).