News
Hong Kong regulator shuts suspected boiler rooms
Hong Kong’s Securities and Futures Commission (SFC) has frozen a total of HK$600,000 ($77,000, £54,000) in the bank accounts of three suspected boiler rooms.
Global ETF market soars, BlackRock earnings disappoint
The worldwide market for exchange traded funds (ETFs) saw record inflows of $350.9bn in 2015 as investors flocked to new fixed income trackers and looked outside the US for better equity returns.
Expected UK retirement income up for third year in a row
Those in the UK planning to retire in the next 12 months expect to receive an annual income that is 4% higher than their peers who planned to retire in 2015, according to Prudential.
Investment | news 15 Jan 16
From sustainable ETFs to UK infrastructure: the week in product news
Blackrock, JP Morgan, Bluebay, AXA, Wermuth and GCP all launched new products this week.
L&G consolidation continues with Suffolk Life sale
Legal & General has further rationalised its offering by announcing the sale of Sipp provider Suffolk Life to Curtis Banks Group. The move follows L&G’s recent decision to dispose of non-core businesses, which saw it withdraw from France, Ireland, and Egypt in 2015.