Best Practice | 31 May 16
A clear business plan to ‘make the transition’
In this series looking at business transition principles, Mike Leeson, head of distribution development for Old Mutual International, part of Old Mutual Wealth, takes a look at why business planning is so important in helping to build a sustainable business.
Look to US equities for income while markets calm – JPMAM
While market volatility has eased it’s better to collect dividends from US equities than put money in cash or fixed income, said David Kelly, JP Morgan Asset Management’s chief global strategist.
Investment | 31 May 16
EEA investors offered ‘dismal’ price for run-off shares
Investors in the ill-fated EEA Life Settlements Fund have received a “dismal” strike price offer for their shares in so-called ‘death bonds’, according to campaign group EEA Investor’s Group (EEIG).
Hansard upgrades Vantage Platinum savings product
Hansard International said it had enhanced its regular savings proposition with the launch of Vantage Platinum II, which will offer reduced minimum entry levels and improved maturity values.
People Moves | 31 May 16
PEOPLE MOVES: Amundi, Pictet, Axa, FCA, ABI, UBS, BNY Mellon
Amundi announces a high-profile global advisory board, while Pictet names ex-Goldman Sachs director Dominique Joories to head its Singaporean banking unit. Axa reveals Jean-Laurent Granier, the chief executive of the group’s Mediterranean and Latam divisions, will step down next month while prominent figures from the UK’s insurance industry join trade body ABI.
