News
KBL appoints group chief financial officer
Luxembourg-based KBL European Private Bankers (KBL epb) has appointed Rachel Hamen as group chief financial officer.
Europe’s regulators turn their sights on robo-advisers
European regulators have announced plans to investigate the increasing use of ‘robo-advice’ in the financial services industry in order to work out what action may be needed to control its growing use.
Fixed Income | news 3 Dec 15
Schroders launches euro credit absolute return fund
Schroders International Selection Fund (ISF) has launched its Euro Credit Absolute Return UCITs fund, which aims to provide a positive annual return throughout the market cycle.
Retirement | news 3 Dec 15
OECD warns of growing risk of pensioner poverty
Future generations are likely to find their pension entitlements much less generous than today’s and many may face a serious risk of pensioner poverty, according to a new OECD report.
Decoding the ECB ‘disappointment’
European Central Bank president Mario Draghi disappointed markets on Thursday. While the bank delivered a 10 basis point cut to the deposit rate to an historic -0.3%, and extended the deadline of its asset purchase programme by six months, it kept the main refinancing and marginal lending rates steady at five and 30 basis points respectively.