Global asset allocation strategies are ‘no silver bullet’
While it’s no secret that passive, low-cost products are relentlessly increasing their market share, investors’ hunt for yield has also buoyed sentiment towards flexible and unconstrained mandates, according to Morningstar.
Analysis: Sailing the macro winds in Japanese equities
Japanese equity fund net inflows by European investors have picked up recently, as the current macro environment looks conducive to Japanese equities. Asset managers are also jumping on board with the asset class, but why?
FCA bans IFA from giving DB pension transfer advice
Another British financial advice firm has been stopped from carrying out defined benefit (DB) transfer advice by the Financial Conduct Authority (FCA), as Standard Life calls for greater flexibility.
Ronaldo faces 3.5 years in jail over tax evasion charges
Portuguese football superstar Cristiano Ronaldo is facing up to three and a half years in jail after he was accused of having evaded paying €14.7m (£13.1m, $17.3m) in taxes since 2010.