News
Asset managers prefer Japanese over US equities
Despite all the talk about the US equity Trump-boost in recent weeks, Japanese equities are actually a lot more popular with asset managers. Their consensus is that they will return more than 5% in 2017.
North America | news 9 Dec 16
Departures continue with SEC enforcement head to step down
The US Securities and Exchange Commission (SEC) has confirmed that enforcement director Andrew Ceresney is to leave the agency by the end of the year, the latest in a series of high-profile departures from the regulator.
Hong Kong regulator ramps up disciplinary action
Disciplinary action taken by Hong Kong’s Securities and Futures Commission (SFC) kicked up a gear during 1H16, rising 66.7% from last year.
Investment | news 9 Dec 16
Greater diversification needed for 2017, says Kleinwort Hambros
Investors should diversify their portfolios as broadly as possible in order to protect against fresh risks in the economy throughout 2017, Kleinwort Hambros has said.
Best Practice | news 9 Dec 16
FCA sets deadline to end closed life book ‘poor practice’
A tighter framework for closed books of life and pensions business has been unveiled by the UK’s Financial Conduct Authority (FCA) after uncovering poor practices in parts of the industry.