News
PEOPLE MOVES: StanChart, FPI, Aviva
Standard Chartered’s Asean and south Asia chief executive has stepped down with immediate effect. Friends Provident International has appointed a regional sales director for Singapore, while Aviva has hired a tech industry heavy hitter for a new communications role.
South Africa considering tax changes to offshore pension funds
South African tax authorities may clamp down on the way overseas pension products are taxed, according to Martin Hall, director of Isle of Man-based Optimus.
Middle East | news 29 Nov 16
Gulf IFAs face ‘year of reckoning’ as clients turn away
Financial advisers in the Middle East are finding clients increasingly reluctant to use their services, partly due to growing geopolitical uncertainty but also because of regulatory changes and poor value-for-money products from asset managers and life companies.
Fixed Income | news 29 Nov 16
UBS launches ETF suite as inflation threat looms
UBS Asset Management has listed five new exchange-traded funds (ETFs) tracking two benchmark indexes for US Treasury Inflation Protected Securities (Tips).
PortfolioMetrix and Praemium announce partnership
Discretionary investment manager PortfolioMetrix has launched a strategic partnership with UK and international discretionary platform Praemium.