People Moves | 13 Apr 16
McDermott announces FCA departure
Tracey McDermott, acting chief executive of the UK’s Financial Conduct Authority (FCA), is to leave the organisation on 1 July 2016.
JPMorgan cuts Asia wealth management workforce by 5%
JPMorgan Chase has cut around 30 jobs at its Asian wealth management businesses in Hong Kong and Singapore, as the US bank increases its focus on a smaller pool of wealthier clients.
Aberdeen launches shariah fund in Indonesia
Aberdeen Asset Management has launched its first Shariah equity fund which will focus on investments in India, Australia and Japan.
Amundi AM debuts ETF in Hong Kong
Amundi Asset Management’s first ETF launch in Asia tracks the biggest Hong Kong-listed companies and has a non-China focus.
Commodities | 13 Apr 16
Fund selector: Testing your mettle
As fear has spread through European markets in 2016, precious metals are once again providing a safe haven for unsettled investors.