News
Investment | news 28 Oct 16
EEA ‘death bonds’ investors finally receive £49m payout
Investors in the ill-fated EEA Life Settlements Fund received a $49m (£39.6m, €59.8m) payout in October for their shares in the so-called ‘death bonds’.
Alternatives | news 28 Oct 16
Wine fund scores 32% growth in four years
A Malta-listed fund, which invests mainly in fine French wines and top class Scottish whisky, said it has generated a cumulative net return of 32.2% since its inception four years ago.
Technology | news 28 Oct 16
Nutmeg preparing to launch free advice chatbot
Online investment platform Nutmeg has confirmed that it is in the testing stages of launching its automated advice service.
EU agrees to delay Priips until 2018
The European Commission (EC) has decided to delay the introduction of the controversial Priips regulation by one year.
Luxembourg deepens ties with China, signs up two more banks
China Everbright Bank and Shanghai Pudong Development Bank, have confirmed plans to set up a presence in Luxembourg to serve the European market which, when given regulatory approval, will bring the total number of Chinese banks in the Grand Duchy to eight.