News
Consolidation set to move up asset management agenda
Further asset management consolidation is on the horizon but the line between predator and prey is increasingly blurred Numis said in a note on Friday.
Health & Protection | news 13 Jun 16
Zurich Global in protection product deal with ADCB unit
Zurich Global Life and Simplylife, a unit of Abu Dhabi Commercial Bank (ADCB), have announced a five-year cooperation deal to market and distribute protection products through Simplylife’s network in the United Arab Emirates (UAE).
Singapore’s financial regulator steps up enforcement
The Monetary Authority of Singapore (MAS) has announced plans to set up a new department to centralise and strengthen its enforcement capabilities.
Barclays sells Spanish pension assets and liabilities
Barclays is continuing to offload its non-core operations, selling its Spanish pension assets and liabilities to Vidacaixa, S.A.U. de Seguros y Reaseguros, a member of the Caixa Group.
Emerging Markets | news 13 Jun 16
Sovereign wealth funds stay confident as returns slide
Despite the volatility of global financial markets this year and a steady decline in investment returns, confidence among the world’s sovereign wealth funds remains high, a survey by Invesco has found.