News
Alternatives | news 16 Feb 16
AIFMD passport inclusion decision expected by June – CIMA
The Cayman Islands Monetary Authority (CIMA) said it is confident the European Securities and Markets Authority (ESMA) would complete its assessment of a second wave of nations for inclusion into the AIFMD passport system by June 30.
Abu Dhabi’s ADCB launches regionally focused private bank
Abu Dhabi Commercial Bank (ADCB) has launched a new private bank aimed at providing wealthy clients in the Gulf region with sophisticated banking and wealth management services.
Only one in 10 UK advisers fully supports FAMR review
One in 10 UK financial advisers “wholeheartedly” welcome the Financial Advice Market Review (FAMR), according to research from Intelliflo.
ESMA seeks input on regulating benchmarks
The European Securities and Markets Authority (ESMA) is seeking input on the technical implementation of a regulation to improve the governance and control of financial market benchmarking.
Fixed Income | news 15 Feb 16
Carmignac Patrimoine looks to Euro bank credit, cuts equities
Carmignac Patrimoine has shifted its focus to US treasuries and credit opportunities in European financials as the managers maintain their bearish view on equities.