People Moves | 21 Jul 16
PEOPLE MOVES: Pimco, Brewin Dolphin, T. Rowe Price
A senior management shift has seen Pimco poach its new chief executive from Man Group. Brewin Dolphin has named two divisional directors, while T. Rowe Price has created a new head of strategic partners role.
Qrops provider unveils new product for offshore bond market
Malta-based Integrated Capabilities has launched a new Qrops product specifically designed to allow savers to invest in the offshore bond market.
Best Practice | 21 Jul 16
Australia pushes ahead with plans for degree qualified advisers
The Australian government has reaffirmed plans to set up an industry body aimed at lifting the professional standards of financial advisers, confirming that all new advisers must have a university degree.
Emerging Markets | 21 Jul 16
StanChart sees EM currency slide coming
Standard Chartered Bank has revised its forecast for the renminbi following Brexit, and now expects the currency to devalue further this year.
European investors backed the wrong horse
The past 12 months haven’t been a great time for equity investors. Only US equities delivered a positive return during the period, albeit a modest one. A year ago, few European investors were betting on this asset class to do well though.