China Universal sets out European expansion plans
Shanghai-based China Universal Asset Management has established a Luxembourg SICAV from which it plans to launch a series of UCITS funds in the coming months to give European investors access to the Chinese capital market.
People Moves | 31 Jul 15
FCA appoints two following chief exec sacking
The Financial Conduct Authority (FCA) has announced two senior appointments as part of an ongoing reshuffle following the sacking of its chief executive Martin Wheatley.
IOMA Group chief executive spins away investment arm
The asset management arm of Isle of Man-based IOMA Group has been spun out in a management buyout by two of its long-standing senior executives.
MAS fines Aviva for breaching Financial Advisers Act
Aviva has been fined by the Monetary Authority of Singapore for breaching the Financial Advisers Act.
Thailand opens to higher yielding products
Thailand’s Securities and Exchange Commission said that it intends to permit the launch of offshore hedge funds and junk bond funds later this year.