News
Nucleus chairman and Skandia founder Paul Bradshaw dies
Nucleus chairman and Skandia founder Paul Bradshaw has sadly passed away following a cardiac arrest.
PEOPLE MOVES: Axa, James Hambro, Fidelity Int’l
After 10 years with the business, the chief executive of Axa Global Asset Management has announced she is stepping down. James Hambro & Partners has made three senior staff members partners of the business, with Fidelity International handing five multi-asset open range funds to a new portfolio manager.
Jailed 1MDB scandal banker ‘spent $8.2m’ on Australia property
The former BSI banker Yeo Jaiwei, ‘sentenced beyond the norm’ for witness tampering by a Singapore court, used a Seychelles-based company to spend $8.2m (£10m, €7.7m) on Australian Gold Coast property, the Guardian has reported.
Asia Pacific ETF assets lag other regions despite record year
Asia Pacific ex-Japan ETF/ETP assets hit a record high of $135bn (£110bn, €127bn) in 2016, but still only account for 4% of the industry’s global assets, according to ETFGI.
Best Practice | news 13 Jan 17
Asset managers must ‘innovate and industrialise’
The asset management industry is facing an innovation dilemma as it struggles to free itself from encumbered business models and embrace industrialisation, says Matthew Lamb, chief executive of Pacific Asset Management.