News
United Kingdom | news 26 May 15
PFS calls for crackdown on ‘worrying’ unregulated activity
The Personal Finance Society has demanded stricter controls on non-regulated savings and investments to prevent “scammers” from taking advantage of UK consumers.
Retirement | news 26 May 15
DeVere boss further reduces stake in QROPS specialist STM
DeVere’s chief executive has continued the sale of his shares in QROPS provider STM, reducing his stake to just 6.7% from the 24% he purchased in 2012.
China and Hong Kong open the door to cross-border fund sales
Hong Kong and China are to allow cross-border trading of mutual funds from 1 July, increasing the range of fund products available to retail investors in both markets and giving asset managers around the world access to the huge Chinese domestic market.
Old Mutual Global bolsters Asian distribution team
Old Mutual Global Investors has announced that Allen Chiu has joined its Hong Kong team as a senior sales manager.
Advertorials | news 22 May 15
Emerging Markets and Sell in April and go away?
Equity markets are beginning to recover from their April correction with Europe and United States stock markets increasing over May. Historically most market corrections take place from May through to October, while most market upward trends take place during November through to April. Hence the famous market saying, “sell in May and go away”. This year however, May came a little early.