Best Practice | 31 Oct 16
Investment body calls for greater focus on client outcomes
A new research paper is calling on the investment industry to shift from a performance-driven culture to one that is purpose-driven, to ensure better alignment of its interests with those of clients.
Hong Kong regulator bans adviser for 10 years
Hong Kong’s Securities and Futures Commission (SFC) has cancelled the licences of Richmond Asset Management and its owner Graham Frank Bibby and banned him from re-entering the industry for 10 years.
Investment | 31 Oct 16
Pictet sets up new office in the DIFC
Geneva-based Pictet Asset Management has opened a new office in Dubai’s International Financial Centre (DIFC).
Best Practice | 31 Oct 16
Senior adviser quits with team of five to join Holborn Assets
Dubai-based senior wealth manager Nicholas Thompson has left Finsbury Associates and joined rival firm Holborn Assets as one of its senior partners, along with five new advisers.
Eurozone inflation fears hit high grade credit and gov’t bonds
Eurozone investment grade and government bonds continued to see outflows as inflation expectations rose, according to Bank of America Merrill Lynch research.