News
Fixed Income | news 1 Feb 16
Legg Mason affiliate offers two new fixed income funds
Legg Mason subsidiary Western Asset is launching two flexible fixed income funds for investors seeking returns from bonds in the current low rate environment while looking for some protection from principal losses.
Chinese Ponzi scheme scams billions from 900,000 investors
Chinese authorities have arrested 21 people involved in a peer-to-peer (P2P) lending scheme suspected of defrauding 900,000 investors of around CNY50bn (£5.3bn, $7.6bn, €7bn).
Emerging Markets | news 1 Feb 16
A strong bet on Vietnam’s quiet progress
Vietnam’s market hit bottom in 2012, argues David Roes, and since then his hedge fund has shifted from wider Asean market exposure to a 90% allocation to Vietnam.
Deloitte launches regulatory and investor reporting service
Business advisory firm Deloitte has launched a new service targeting investment managers, banks and insurance firms struggling to navigate the growing wave of complex marketing regulations and tax rules.
MetLife expands support for UK financial advisers
MetLife is to step up its efforts to support financial advisers in the UK by launching a nationwide series of roadshows focused on now to take greater advantage of the new pension freedoms.