Luxembourg authorises first rqf ll ucits
The Luxembourg regulator has authorised the first-ever renminbi Qualified Foreign Institutional Investor (RQFII) fund to be launched under Europe's Ucits regulations, in the latest example of the growing use of the Chinese currency in financial products developed outside of China.
manulife holdings buys MAAKL Mutual
Manulife Holdings Berhad, the Malaysian arm of Canada's Manulife Financial, has agreed to acquire MAAKL Mutual, a Malaysian unit trust company, from the MAA Group Berhad and other shareholders.
fullerton to appoint mccallum portfolio manager
Fullerton Fund Management, a wholly-owned subsidiary of Singapore-based Temasek Holdings, will be appointing Bedlam Asset Management's Ian McCallum as a portfolio manager.
singapore affluents most likely to use ifas
Affluent Singaporeans are more likely to seek advice from a financial adviser before making an investment decision than their counterparts in Hong Kong and the UAE, according to a new Friends Provident International survey.
Profiles & Comment | 13 Nov 13
regaining trust just how complicated
Just how should the financial services industry go about restoring the public's faith, in the wake of the 2008 global financial crisis? Guardian Wealth's David Howell considers the problem…