News
United Kingdom | news 13 Oct 16
Hargreaves revenues up, but inflows drop
Shares in Hargreaves Lansdown fell 2% this morning on the back of mixed results for Q3 – revenue was up 15% to £90.6m, but inflows dropped 22% compared to Q1.
Jupiter sees Q3 fund inflows of £0.8bn, extends global footprint
London headquartered Jupiter Fund Management saw mutual fund net inflows of £0.8bn ($0.97bn, €0.88bn) in the third quarter of this year, fuelled by extending its relationships with key distributors on a global basis.
Hong Kong investors expect 8.9% returns per year
Hong Kong investors on average are seeking an investment income of 8.9% per year when the average stock market yield across key global indices is 3.8%, according to a study by Schroders.
Investment | news 12 Oct 16
UK should turn on fiscal tap, says Royal London
The UK government needs to step up fiscal spending, not only to help stabilise sterling but also help improve its debt profile, Trevor Greetham said on Wednesday.
Australia code of practice for life insurers gets thumbs up
A number of Australia’s major life insurers have endorsed the Financial Services Council’s Life Insurance Code of Practice, saying it should help to build consumer trust in the industry.