United Kingdom | 31 Mar 15
Sesame to close advisory network for investment advisers
UK financial services giant, Sesame Bankhall Group, is to sell part of its advisory network in a bid to return the business to profit, despite a 30% reduction in new complaints in the second half of last year.
Manulife Singapore launches FAIR-compliant products
Canada-headquartered firm, Manulife, has launched two insurance products which align with initiatives proposed under Singapore’s Financial Advisory Industry Review (FAIR) by removing the need for financial advice.
RWC launches new Japan fund
RWC has launched the RWC Nissay Japan Focus Fund with ‘day one’ investment totalling approximately $40m.
Lion Global Investors launches RQFII fund trio
South-east Asian asset management company Lion Global Investors has today launched three Renminbi Qualified Foreign Institutional Investor (RQFII) funds to invest into Chinese stock markets.
Court rules French social taxes unjust
Non-French residents will no longer have to pay social charges on unfurnished rental income or capital gains on French property after the taxes were ruled as discriminatory by the European Court of Justice.
