News
China has a credit problem and it knows it
Anybody who says that China doesn’t have a credit problem is lying because when that much credit is pumped into the system there is no way that every single loan is a sound investment, according to Schroders’ head of Asian equities Singapore, Lee King Fuei.
L&C adds Quilter Cheviot to advisory panel for low-cost Qrops
London & Colonial (L&C) has added Quilter Cheviot to the panel of approved discretionary fund managers (DFMs) for both its low cost Qrop and Sipp pension schemes.
Commodities | news 26 Feb 16
Largest inflows to gold since June ’09 – BAML
A “gold rush” of $5.8bn, the largest three week inflow to gold since 2009, has coincided with the Federal Reserve “talking-down” the US dollar and rising investor fears of a recession and quantitative easing failure, according to Bank of America Merrill Lynch’s research team.
Gibraltar stock exchange lists first debt securities
The Gibraltar Stock Exchange (GSX) listed its first corporate bond and its first asset-backed security in February after expanding its services last month to include the listing of closed-ended funds and debt securities.
Zurich affirms commitment to Hong Kong and Singapore
Zurich Insurance Group’s existing operations in Hong Kong and Singapore have emerged intact from the current global review into the company’s operations.