News
Singapore to act against 4 key banks over 1MDB scandal
Singapore has announced plans to take action against four major banks, including a Swiss private bank, over their involvement with the scandal-ridden Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB).
Aberdeen lowers dilution adjustment on UK Property
Aberdeen has reduced the dilution adjustment on its UK Property Fund and its feeder unit on the back of slowing redemptions the firm said.
People Moves | news 21 Jul 16
PEOPLE MOVES: Pimco, Brewin Dolphin, T. Rowe Price
A senior management shift has seen Pimco poach its new chief executive from Man Group. Brewin Dolphin has named two divisional directors, while T. Rowe Price has created a new head of strategic partners role.
Qrops provider unveils new product for offshore bond market
Malta-based Integrated Capabilities has launched a new Qrops product specifically designed to allow savers to invest in the offshore bond market.
Best Practice | news 21 Jul 16
Australia pushes ahead with plans for degree qualified advisers
The Australian government has reaffirmed plans to set up an industry body aimed at lifting the professional standards of financial advisers, confirming that all new advisers must have a university degree.