News
Fixed Income | news 16 Jan 17
Allianz favours short duration bonds as market volatility grows
Interest rate volatility has spiked and investors are urged to stay away from bonds with long maturities, especially in developed markets, according to Allianz Global Investors’ chief investment officer, Malie Conway.
North America | news 13 Jan 17
US fiduciary rule critic Scaramucci named in new Trump role
A leading critic of the Department of Labor’s (DoL) upcoming fiduciary rule, which will require pension advisers to act in the best interests of their clients, putting an end to high-commission investment products, has been named as an assistant to president-elect Donald Trump.
Praemium sees 29% rise in managed funds amid record inflows
Australian-headquartered platform provider Praemium has reported a 29% rise in funds under administration (FUA) for the year to 31 December 2016, driven by record inflows from its international units.
Tax & Regulation | news 13 Jan 17
UK to crackdown on managers responsible for corporate crime
The UK government is to toughen laws governing fraudulent or dishonest activity by financial services companies to make it easier to successfully prosecute criminal offences such as fraud, money laundering and false accounting.
Best Practice | news 13 Jan 17
Retail investment and robo-advice top SEC’s 2017 priorities
The US Securities and Exchange Commission has put retail investor protection and robo-advice at the centre of its examinations programme for 2017.