News
SJP jumps into DFM space with Rowan Dartington acquisition
St James’s Place have bought Rowan Dartington for a cash consideration of as much as £34m, the firm announced on Tuesday.
Quantum China cool on Mutual Fund Recognition
Foreign firms planning on a Hong Kong-domiciled product for the Mutual Recognition of Funds initiative will likely find limited appeal in China, said Anthony Yeung, managing partner and chief executive of Quantum China Asset Management.
China share slide will not spill over to global markets, says L&G IM
China shares fell further on Tuesday after a huge sell-off at the start of the week, but an equity strategist from Legal & General Investment said it was an “isolated event” which will not significantly impact international markets.
BlackRock slashes charges as passive price war heats up
BlackRock has slashed the charges on some of the trackers in the BlackRock Collective Investment Funds range by more than half.
United Kingdom | news 28 Jul 15
UK prime minister vows to tackle offshore corruption
The UK prime minister has pledged to expose offshore organisations which use Britain as a “place to stash dirty cash” during a speech in Singapore.