News
Old Mutual teams up businesses for South Africa HNW investors
Old Mutual Wealth is teaming up its various divisions, including Old Mutual International and Quilter Cheviot, to offer an all-round service to investors in South Africa ahead of next year’s Retail Distribution Review.
Aegon sees UK life sales dive as Asia business soars
Dutch-headquartered life group Aegon reported a 30% third quarter fall in its total UK life sales but also revealed a more than 50% leap in Asia compared to the same period in 2014.
Guernsey investor takes stake in MitonOptimal International
MitonOptimal International, the Guernsey-headquartered discretionary fund management company, has revealed that Bailiwick Investments has taken an 11% stake in the group’s business.
Thailand plans revising investor eligibility for mutual funds
Thailand has proposed revising the rules to ensure only accredited investors – such as high net worth individuals – with matching risk profiles are eligible to invest in high risk mutual funds.
Investment | news 11 Nov 15
IMF calls for uplift in Islamic finance
International Monetary Fund (IMF) managing director Christine Lagarde has set out a series of objectives to unlock the global potential of Islamic finance and grow its $2trn of assets, pitching it on more level pegging with conventional finance.