News
People Moves | news 23 Jun 16
PEOPLE MOVES: Axa IM, Investec AM, Standard Life Investments
Axa Investment Managers has appointed a new head of insurance solutions for its UK operations. Investec Asset Management has added a portfolio manager to its multi-asset team, while Standard Life International has created a new head of institutional sales role in Japan.
Tax & Regulation | news 23 Jun 16
Australian watchdog takes action against Macquarie IM
The Australian Securities & Investments Commission (Asic) has commenced proceedings against Macquarie Investment Management relating to a A$30m (£15.3m, $22.4m, €19.9m) investment in a Cayman Islands-based fund.
Retirement | news 23 Jun 16
Sipp provider European Pensions goes into administration
European Pensions Management (EPM), a UK-based self-invested personal pension (Sipp) provider with over 6,000 customers, has formally entered insolvency proceedings under the special administration regime.
Obesity a key factor in UAE insurance claims, says Zurich
Expanding waistlines in the United Arab Emirates are having an impact on the region’s insurance claims, with obesity often a contributing factor in both life insurance and critical illness claims, according to Zurich Insurance Group.
North America | news 22 Jun 16
US SEC acts against adviser defrauding pro athletes
The US Securities and Exchange Commission said it has obtained a court order freezing the assets of an investment adviser charged with secretly siphoning millions of dollars from professional sports stars in an alleged Ponzi scheme.