News
UK-based LJ Partnership acquires HK advice firm Guggenheim
Global investment management business LJ Partnership has acquired Guggenheim Investment Advisors (Hong Kong) from Guggenheim Partners, having already bought the firm’s advisory businesses in Geneva and Miami.
Number of European active funds beating benchmarks rose sharply in 2015 – Lyxor
Lyxor Asset Management has found that close to half of European domiciled active funds outperformed their benchmarks last year, a big increase on 2014.
Ailo calls Priips veto a ‘bloody nose’ for the EU
The European Commission has finally been given a “bloody nose”, says the head of the trade body for international life offices, Alan Morgan-Moodie, referring to the European parliament’s decision on Wednesday to overwhelmingly reject the standard for implementing the upcoming controversial Priips regulation.
Middle East | news 14 Sep 16
ADGM issues scam warning for Rothschild Gulf Investment Bank
The Financial Services Regulatory Authority (FRSA) has issued an alert relating to claims made by Rothschild Gulf Investment Bank (RGIM) about operating in the Abu Dhabi Global Market (ADGM).
Tax & Regulation | news 14 Sep 16
FCA plans to ban Barclays Wealth man over destroyed report
The Financial Conduct Authority (FCA) has said it intends to ban former chief operating officer of Barclays Wealth and Investment Management Andrew Tinney.