News
Macro Views | news 1 Mar 16
Brexit: Bigger risk than reward – BlackRock
A Brexit, where the UK votes to leave the EU, offers a lot of risk with little obvious reward, according to the world’s largest fund manager BlackRock.
WisdomTree adds two trading firms to Ucits ETF platform
Exchange traded fund provider WisdomTree has added Cantor Fitzgerald and IMC as authorised participants (AP) to its Ucits distribution platform.
Offshore bonds and Qrops drive jump in STM profit
STM Group, a specialist financial services group, said a focus on building up its international pensions and life assurance products business helped it post a near 60% rise in net profit for the year to 31 December 2015.
Barclays to sell its stake in Africa bank
Barclays Bank has announced its intention to sell its 62.3% stake in its African business, Barclays Africa Group Ltd (BAGL) over the next two to three years as it faces regulatory pressure over capital requirements and FX erosion.
Liechtenstein’s AAA rating affirmed
While other offshore financial centers have suffered ratings downgrades of late, Lichtenstein has had its AAA rating affirmed by Standard & Poor’s.