News
Ashmore optimistic despite AUM slide
Emerging markets specialist fund manager Ashmore has reported a $6.3bn (£4.7bn, €5.6bn) fall in assets under management and an 18% decline in net revenues.
Liontrust expands European distribution via Allfunds Bank
Fund management group Liontrust has made six of its global fund (GF) range available on European open architecture mutual fund platform, Allfunds Bank.
Middle East | news 6 Sep 16
New UAE bankruptcy law to ease pressure to flee
The United Arab Emirates (UAE) is to get a new bankruptcy law for businesses, including a new regulatory body for financial restructuring, which is designed in part to remove the threat of jail for executives of companies facing financial distress.
People Moves | news 6 Sep 16
PEOPLE MOVES: Axa IM, Old Mutual, Standard Life
Axa Investment Managers has named a global head of product, retail and institutional development, while Old Mutual Global Investors has created a country head position in Italy. Following a battle with cancer, Standard Life’s head of adviser engagement has died.
Tax & Regulation | news 6 Sep 16
Australia targets 100 taxpayers in Panama Papers investigation
Australia’s Serious Financial Crime Taskforce (SFCT) is to contact more than 100 taxpayers in response to its investigation into tax evasion and crime in the Panama Papers.