Alternatives | 25 Jan 16
Money market fund sales surge tenfold as total AUM hits record
Investor appetite for cash grew markedly in 2015, the latest set of Investment Association fund statistics show.
Retirement | 25 Jan 16
Fidelity launches lifetime pension allowance guide
Fidelity International has launched a lifetime allowance (LTA) guide aimed at a growing number of people who have built up significant assets in their pension plans, and face the UK’s LTA falling from £1.25m to £1m in April 2016.
Keppel Corp to consolidate asset management business
Singapore-based Keppel Corporation plans to consolidate its four asset management businesses under wholly-owned subsidiary Keppel Capital, in a move that could see the company venturing into regulated investment and asset management activities.
Emerging Markets | 25 Jan 16
Griffon Capital launches Iran flagship fund
Iran-focused asset management and private equity group Griffon Capital has launched Cayman Island-domiciled Griffon Iran Flagship Fund to tap into Iran’s public equity market.
Northstar plans Middle East and Africa expansion
Bermuda-based Northstar Financial Services has announced plans to begin operating in the Middle East and Africa from a new office in Dubai.