News
Japanese funds to watch based on their AUM
Seeking returns from some of Japan’s undervalued big companies, replicating indices, and using a benchmark-agnostic approach are some of the favoured strategies of Japanese funds with substantial assets under management.
Retirement | news 8 Feb 17
UK court opens door to pension rights for unmarried partners
The UK Supreme Court has ruled that an unmarried woman is entitled to her late partner’s occupational pension in a landmark decision that could have wider repercussions for pension schemes.
Spain targets HNWs over tax evasion as data-sharing goes live
Spain has announced new measures to crack down on tax fraud by wealthy individuals, as the country becomes one of the early adopters of the ‘automatic exchange of information’ regime.
China gives the green light to first online-only life insurer
Hetai Life Insurance has received approval from China’s insurance regulator to start operating as the country’s first-ever online life insurer.
North America | news 7 Feb 17
Billionaires caught up in ‘Hamilton’ Ponzi scheme
A billionaire asset management company founder, a billionaire investor, and an executive at an alternative asset management firm all invested in a Ponzi scheme promising high returns by buying and selling tickets to high-demand shows, including Broadway smash musical Hamilton.